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FWDI Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: May 22, 2026

Report Source: 2026 2nd Quarter Report

Analyst's Ratings for Forward Industries Inc (FWDI)

Based on 7 analysts giving stock ratings to Forward Industries Inc in the past 3 months

Strong
Sell
SellHoldBuyStrong
Buy
Strong Buy
29
Buy
57
Hold
14
Sell
0
Strong Sell
0
Forward Industries Inc

Forward Industries Inc. Stock Analysis FWDI

United States Industrials Small Cap Report:
Forward Industries, Inc. engages in the provision of integrated design, development, and manufacturing solutions for medical and technology customers worldwide. The company is headquartered in Austin, Texas and currently employs 60 full-time employees. The company is focused on buying, holding, stake, trade, investing in, and growing SOL and SOL related digital assets, protocols and businesses. The company is building and managing the Solana treasury for long-term shareholder value. The firm has two reportable segments: digital assets and design. The digital assets segment captures SOL-based yield generated by participating in the Solana network’s staking protocol, which comprises rewards received from native staking. The design segment consists of two operating segments (IPS and Kablooe) that provide a full spectrum of hardware and software product design and engineering services to customers predominantly located in the United States.
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Forward Industries Inc (FWDI) Chart

Key Statistics of Forward Industries Inc (FWDI)

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

Today's Range

$4.05$4.29

Today's Open

$4.12

Volume

1.52M

P/E Ratio (TTM)

-

52 Week Range

$3.62$46.00

Market Cap

353.98M

Avg. Volume

1.14M

Dividend Yield

-

Financial Metrics & Statements of Forward Industries Inc (FWDI)

FAQ's for Forward Industries Inc (FWDI)

  • According to Musaffa’s Shariah screening methodology, Forward Industries Inc (FWDI) is currently classified as DOUBTFUL 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 Forward Industries Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Forward Industries 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 Forward Industries 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 Forward Industries 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 Forward Industries 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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