DLOC Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: November 14, 2024
Report Source: 2024 2nd Quarter Report
Digital Locations Inc. Stock Analysis DLOC
Digital Locations, Inc. engages in the business of aggregation, development, and acquiring small cell sites and cell towers for 5G services. The company is headquartered in Santa Barbara, California. The company went IPO on 2017-09-26. The company develops Satenna, a potentially disruptive technology that only requires modifications on the smartphone side. Satenna enables the wireless industry to offer high-speed Internet service from satellites directly to smartphones anywhere in the world, indoors and outdoors with no dead zones and no cell towers. Satenna features a novel antenna solution that can dynamically and intelligently adjust for satellite positions, phase angle, beam forming, various satellite frequencies and user conditions, such as physical interference and obstructions.
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Financial Metrics & Statements of Digital Locations Inc (DLOC)
FAQ's for Digital Locations Inc (DLOC)
- According to Musaffa’s Shariah screening methodology, Digital Locations Inc (DLOC) is currently classified as NOT HALAL as of November 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.