As of August 2026, Coda Octopus Group Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Coda Octopus Group Inc. Stock Analysis CODA
United States Information Technology Micro Cap
Coda Octopus Group, Inc. engages in the developing, manufacturing, and marketing of subsea products. The company is headquartered in Orlando, Florida and currently employs 100 full-time employees. The company went IPO on 2001-07-12. The company operates through two businesses: Marine technology business and Marine engineering business. Its marine technology business provides technology solutions for the subsea and underwater market. Its marine engineering business supplies embedded solutions and sub-assemblies which it designs and manufactures and sells as an integrated defense system. The company supplies a range of hardware and software solutions to this market which includes key proprietary real time 4D/5D/6D imaging sonars, marketed under the name Echoscope and Echoscope PIPE, addressing the underwater imaging sensor market, along with Diver Augmented Vision Display (DAVD) system technology. The Company’s Echoscope PIPE sonar generates real-time 3D/4D/5D images of moving objects underwater including in zero visibility water conditions. Its Echoscope technology is used in both the commercial offshore market and the defense underwater market applications.
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Financial Metrics & Statements of Coda Octopus Group Inc (CODA)
FAQ's for Coda Octopus Group Inc (CODA)
As of August 2026, Coda Octopus Group Inc CODA is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Coda Octopus Group Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Coda Octopus Group Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Coda Octopus Group Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Coda Octopus Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Coda Octopus Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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