Musaffa Logo

Our certifications

Independent proof that every stock and portfolio meets halal standards.

How we screen every stock
METHODOLOGY

How we screen every stock

Our 5-step halal methodology, in 90 seconds.

FOXX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 26, 2026

Report Source: 2026 3rd Quarter Report

Foxx Development Holdings Inc

Foxx Development Holdings Inc. Stock Analysis FOXX

United States Information Technology Nano Cap Report:
Foxx Development Holdings, Inc. engages in consumer electronics and integrated Internet-of-Things (IoT) solutions, catering to both retail and institutional clients. The company is headquartered in Austin, Texas and currently employs 25 full-time employees. The company went IPO on 2022-06-10. The company provides sales, retail, distribution and after-sales support services, and engages in research and development of customization standards and services. The company offers a diverse range of products including mobile phones, tablets and other consumer electronics devices throughout the United States, and is in the process of developing and distributing end-to-end communication terminals and IoT solutions. The company is also engaged in developing a cloud platform that aims to connect all its devices to a secure central server, creating a unified ecosystem. The platform brings substantial benefits, particularly in systematized upgrades, efficient IoT operations, improved human-machine interactions, enhanced data analytics and smarter decision-making. Its customers are primarily distributors who sell its products on the U.S. public channels.
Read More

Foxx Development Holdings Inc (FOXX) Chart

Key Statistics of Foxx Development Holdings Inc (FOXX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$2.75$2.91

Today's Open

$2.75

Volume

17.89K

P/E Ratio (TTM)

-

52 Week Range

$1.71$8.88

Market Cap

27.74M

Avg. Volume

4.87M

Dividend Yield

-

Financial Metrics & Statements of Foxx Development Holdings Inc (FOXX)

FAQ's for Foxx Development Holdings Inc (FOXX)

  • According to Musaffa’s Shariah screening methodology, Foxx Development Holdings Inc (FOXX) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Foxx Development Holdings Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Foxx Development Holdings 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 Foxx Development Holdings 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 Foxx Development Holdings 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 Foxx Development Holdings Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Disclaimer

The content provided on this website is intended solely for informational and educational purposes. Musaffa is a technology, data, education, and research company. We are not licensed financial service provider by the authorized relevant financial service regulator in India or any other regulatory government body, and we do not offer or facilitate any trading, brokerage, investment, or financial advisory services. We do not deliberately target an audience seeking financial services.

By accessing this website, you acknowledge and confirm that you are seeking information relating to Musaffa of your own accord, and that there has been no form of solicitation, advertisement, or inducement by Musaffa or its members. Musaffa shall not be liable for the consequences of any action taken by relying on the material or information provided on this website. The contents of this website are the intellectual property of Musaffa.