If it's your culture? Absolutely go for it. Not about to tell someone from another culture what they should or shouldn't name their kid, and it they get bullied then it's something you can take up with the school.

If it's not your culture, then it's a weird mix of "we're just so random" parenting that is going to set them up for a lifetime of ridicule, which in the end is selfish because you're not really thinking about how that will affect them. Imagine introducing yourself as Mohammed to your new Arabic boss, when you have zero ties to that culture or the importance to that name.