Clavister Holding AB (publ.) (CLAV.ST) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-28). See the full ratio breakdown and business-activity screen below for the reasoning.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. CLAV.ST files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 7.84% | 30.00% | Pass |
| Interest-bearing investments | 5.53% | 30.00% | Pass |
| Non-permissible income | 0.17% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 33.92% | 33.00% | Fail |
| Interest-bearing investments | 23.92% | 33.00% | Pass |
| Non-liquid assets | 64.42% | at least 20.00% | Pass |
| Non-permissible income | 0.17% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 33.92% | 33.33% | Fail |
| Cash + interest-bearing securities | 23.92% | 33.33% | Pass |
| Accounts receivable | 35.58% | 33.33% | Fail |
| Non-permissible income | 0.17% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 33.92% | 33.33% | Fail |
| Cash + interest-bearing securities | 23.92% | 33.33% | Pass |
| Accounts receivable | 35.58% | 50.00% | Pass |
| Non-permissible income | 0.17% | 5.00% | Pass |
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 11.51% | 33.00% | Pass |
| Cash + interest-bearing securities | 8.12% | 33.00% | Pass |
| Accounts receivable | 3.96% | 33.00% | Pass |
| Non-permissible income | 0.17% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 16.04% | 33.00% | Pass |
| Cash + interest-bearing securities | 11.31% | 49.00% | Pass |
| Accounts receivable | 5.51% | 49.00% | Pass |
| Non-permissible income | 0.17% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 16.04% | 33.33% | Pass |
| Cash + interest-bearing securities | 11.31% | 33.33% | Pass |
| Accounts receivable | 16.82% | 49.00% | Pass |
| Non-permissible income | 0.17% | 5.00% | Pass |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
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Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 35.80 | NEUTRAL |
| Stochastic %K (14) | 9.59 | BUY |
| CCI (20) | -110.42 | BUY |
| Williams %R (14) | -90.41 | BUY |
| MACD (12,26,9) | -0.04 | SELL |
| ROC (10) | -8.62 | SELL |
| Momentum (10) | -0.41 | SELL |
| EMA (10) | 4.56 | SELL |
| SMA (10) | 4.61 | SELL |
| EMA (20) | 4.65 | SELL |
| SMA (20) | 4.72 | SELL |
| EMA (30) | 4.69 | SELL |
| SMA (30) | 4.72 | SELL |
| EMA (50) | 4.72 | SELL |
| SMA (50) | 4.82 | SELL |
| EMA (100) | 4.66 | SELL |
| SMA (100) | 4.72 | SELL |
| EMA (200) | 4.37 | BUY |
| SMA (200) | 4.29 | BUY |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Technology · Software - Infrastructure
Clavister Holding AB (publ.), together with its subsidiaries, develops, produces, and sells cybersecurity solutions in Sweden, rest of Europe, Asia, and internationally. It offers next-generation firewalls, including Clavister NetWall, a versatile next-generation firewalls, engineered to protect diverse environments; Clavister NetShield, a High-capacity next-generation firewalls for secure, efficient connectivity; and Clavister CyberArmour, a military-grade next-generation firewalls for defence applications and critical missions. The company also provides identity & access management solutions, such as Clavister IdAuth, a modern Identity Provider (IdP) platform that combines simple, user-friendly authentication with powerful security; Clavister IdAuth Cloud, a modern Identity Provider (IdP) as a Service that delivers simple, user-friendly authentication with strong security; Clavister IdSign, an on-prem solution for secure electronic signatures; and Clavister IdSphere, which streamlines and secures the full lifecycle of identities, offering accessible and powerful governance. In addition, it offers TactiGate XD, a military-grade cross-domain solution for land applications. Further, the company provides technical support and education and training services; and professional services, including installation and deployment, configuration and optimization, and yearly health check services. The company serves various industries, including energy utilities, transportation, public administration, cloud and datacenter services, education, defense, public safety, healthcare, and telecom operators. Clavister Holding AB (publ.), was founded in 1997 and is headquartered in Örnsköldsvik, Sweden.
Background via Yahoo Finance — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.
