As of August 2026, KORE Group Holdings Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
KORE Group Holdings Inc. Stock Analysis KORE
United States Communication Services Micro Cap
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.
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Financial Metrics & Statements of KORE Group Holdings Inc (KORE)
FAQ's for KORE Group Holdings Inc (KORE)
As of August 2026, KORE Group Holdings Inc KORE 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 KORE Group Holdings Inc using these criteria to determine its compliance status.
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.
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.
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.
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 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.
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