As of August 2026, Freight Technologies Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Freight Technologies Inc. Stock Analysis FRGT
United States Industrials Nano Cap
Freight Technologies, Inc. engages in the development and operation of a cloud-based logistics management platform. The company is headquartered in The Woodlands, Texas and currently employs 82 full-time employees. The company went IPO on 2017-08-08. The Company’s portfolio of solutions includes the Fr8App platform for over-the-road (OTR) B2B cross-border shipping across the USMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicated capacity service for enterprise clients in Mexico; Waavely, a digital platform for ocean freight booking and management of container shipments between North America and ports worldwide and Fleet Rocket, a transportation management system (TMS) for brokers, shippers, and other logistics operator together, each product is interconnected within a unified platform to connect carriers and shippers and improve matching and operation efficiency via technologies, such as live pricing and real-time tracking, digital freight marketplace, and others.
Freight Technologies Inc (FRGT) Chart
Financial Metrics & Statements of Freight Technologies Inc (FRGT)
FAQ's for Freight Technologies Inc (FRGT)
As of August 2026, Freight Technologies Inc FRGT 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 Freight Technologies Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Freight Technologies 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 Freight Technologies 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 Freight Technologies 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 Freight Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Freight Technologies Inc (FRGT)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.