Is KORE Group Holdings Inc halal to invest in?

According to Musaffa's Shariah screening methodology, KORE Group Holdings Inc (KORE) is currently classified as NOT HALAL as of April 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.

Is KORE Group Holdings Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes KORE Group Holdings Inc using these criteria to determine its compliance status.

Can Muslims buy shares of KORE Group Holdings Inc?

Muslim investors may consider investing in KORE Group 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.

Why is KORE Group Holdings Inc classified as NOT HALAL?

Musaffa determines the Shariah status of KORE Group Holdings Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for KORE Group Holdings Inc updated?

The Shariah compliance status of KORE Group Holdings Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like KORE Group Holdings Inc become non-compliant?

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.

Where can I check the Shariah status of KORE Group Holdings Inc?

You can check the latest Shariah compliance status of KORE Group Holdings Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

KORE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 03, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for KORE Group Holdings Inc (KORE)

Based on 7 analysts giving stock ratings to KORE Group Holdings Inc in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

KORE Group Holdings Inc. Stock Analysis KORE

United States Communication Services Micro Cap Report: 2025 Annual

KORE Group Holdings, Inc. engages in the provision of Internet of Things (IoT) solutions and worldwide IoT connectivity-as-a-services. The company is headquartered in Atlanta, Georgia and currently employs 403 full-time employees. The company went IPO on 2020-12-11. The firm is a global independent IoT enabler, delivering critical services globally to customers to deploy, manage, and scale their IoT application and use cases. The company provides advanced connectivity services, location-based services, device solutions, and managed and professional services used in the development and support of IoT solutions and applications. The company provides connectivity and IoT solutions to enterprise customers across five industry verticals, comprising of connected health, fleet management, asset monitoring, retail communications services and industrial IoT. The firm has built a platform to serve its clients in three areas: connectivity-as-a-service (CaaS), IoT managed services/solutions, and analytics, which the Company refers to as CSA, or connectivity, solutions, and analytics.

Key Statistics of KORE Group Holdings Inc (KORE)

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

Today's Range

$9.17$9.20

Today's Open

$9.20

Volume

10.91K

P/E Ratio (TTM)

52 Week Range

$2.00$9.22

Market Cap

160.74M

Avg. Volume

33.95K

Dividend Yield

Financial Metrics & Statements of KORE Group Holdings Inc (KORE)

FAQ's for KORE Group Holdings Inc (KORE)

According to Musaffa’s Shariah screening methodology, KORE Group Holdings Inc (KORE) is currently classified as NOT HALAL as of April 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.