As of August 2026, Phunware Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Phunware Inc. Stock Analysis PHUN
United States Information Technology Nano Cap
Phunware, Inc. engages in the development of a Multiscreen-as-a-Service platform, an enterprise cloud platform for mobile devices. The company is headquartered in Austin, Texas and currently employs 26 full-time employees. The company went IPO on 2016-08-24. The firm provides businesses with the tools to create, implement, and manage custom mobile applications, analytics, digital advertising, and location-based services. The company offers a cloud-based application framework vertical solution license for iOS and Android-based mobile applications. The company focuses on addressing the patient experience for healthcare and the luxury guest experience for hospitality. Its product and service capabilities also serve the employee experience in the workplace, the shopper experience for retail, the fan experience for sports, the traveler experience for aviation, the luxury resident experience for real estate and the student experience for education. The company offers integration of its software development kit licenses into applications, including analytics; content management; alerts, notifications and messaging, and location-based services.
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Financial Metrics & Statements of Phunware Inc (PHUN)
FAQ's for Phunware Inc (PHUN)
As of August 2026, Phunware Inc PHUN 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 Phunware Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Phunware 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 Phunware 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 Phunware 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 Phunware Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Phunware Inc (PHUN)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.