Peraso Inc. (PRSO), a fabless semiconductor company specializing in mmWave technology for 5G and wireless applications, exhibits a generally permissible business model under Shariah principles. Financial screening highlights compliance in debt (3.99%) and non-permissible income (0%), but the liquidity ratio (42.87%) exceeds thresholds for major standards, primarily due to high cash holdings relative to market cap. No significant controversies or non-compliant activities were identified, supporting low ESG risk. Index inclusion research confirms exclusion from all major Shariah indices, leading to an overall non-compliant status despite regional variations. Investors may consider purification for minor impure income and monitor financial improvements for future compliance.