No. As of September 2026, Kwesst Micro Systems Inc (KWE.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Kwesst Micro Systems Inc does not pass Musaffa's business and financial screening criteria.
KWESST Micro Systems, Inc. provides defense and security services. The company is headquartered in Kanata, Ontario and currently employs 29 full-time employees. The company went IPO on 2018-06-15. The firm develops and commercializes tactical systems for military and security forces. Its product development has focused on three market segments, which include non-lethal, digitization and counter threat. Its portfolio of offerings includes digitization of tactical forces for real-time shared situational awareness and targeting information from any source (including drones) streamed directly to users' smart devices and weapons. Its products also include countermeasures against threats, such as electronic detection, lasers and drones. These systems can operate stand-alone or integrate seamlessly with original equipment manufacturers (OEM) products and battlefield management systems, and all come integrated with the Company’s team awareness kit (TAK) application. The company also has a non-lethal product line branded PARA OPS with application across all segments of the non-lethal market, including law enforcement.
Kwesst Micro Systems Inc KWE.NE
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Last Updated: Oct 01, 12:00 AM·NEO
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KWE.NE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Kwesst Micro Systems Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Kwesst Micro Systems Inc (KWE.NE)
FAQ's for Kwesst Micro Systems Inc (KWE.NE)
As of September 2026, Kwesst Micro Systems Inc KWE.NE 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 Kwesst Micro Systems Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Kwesst Micro Systems 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 Kwesst Micro Systems 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 Kwesst Micro Systems 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 Kwesst Micro Systems 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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