Metalert, Inc. is a holding company, which engages in the design, manufacture, and sale of location sensitive remote patient health monitoring devices and wearable technology products. The company is headquartered in Los Angeles, California and currently employs 9 full-time employees. The company went IPO on 2007-03-09. The company offers end-to-end hardware, software, and connectivity solutions, in addition to developing two-way tracking technologies, which integrate with consumer products and enterprise applications. Utilizing a miniature quad-band GPRS transceiver, antenna, circuitry, battery and inductive charging pad, its solutions can be customized and integrated into various products whose location and movement can be monitored in real time over the Internet. Its flagship product is its patented GPS SmartSole tracking and monitoring solution, which is an invisible wearable technology GPS tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism, and traumatic brain injury.
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As of August 2026, Metalert Inc MLRT is classified as not covered 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 Metalert Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Metalert 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 Metalert 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 Metalert 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 Metalert 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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