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PRPL Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: May 05, 2026
Report Source: 2026 1st Quarter Report
Purple Innovation Inc. Stock Analysis PRPL
United States Consumer Staples Nano Cap Report: Purple Innovation, Inc. engages in the design and manufacture of comfort technology products. The company is headquartered in Lehi, Utah and currently employs 1,100 full-time employees. The company went IPO on 2015-07-30. The firm offers a variety of branded and premium comfort products, including mattresses, pillows, cushions, bases, sheets and more. The company develops its products through its Hyper-Elastic Polymer gel technology. Its product portfolio includes Mattresses, Pillows, Sheets, Waterproof Mattress Protector, Bases, and Seat Cushions. Its Gelflex Grid technology is used in all Purple mattresses. The company sells eight pillow models, all designed to deliver various sleep preferences and needs. The models include the Purple Harmony Pillow, the Purple Freeform Pillow, the Purple DreamLayer Pillow, the Purple Harmony Anywhere Pillow, the Purple Pillow, the Purple Twin Cloud Pillow, the Purple Cloud Pillow and the Kids Pillow. Its Purple SoftStretch sheets are designed to maximize the functionality of its mattresses and pillows. Its Purple Waterproof Mattress Protector mattress is designed to optimize the functionality of the Gelflex Grid in its mattress.
Read More Purple Innovation Inc (PRPL) Chart
Key Statistics of Purple Innovation Inc (PRPL)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.42Volume
116.93KP/E Ratio (TTM)
-52 Week Range
Market Cap
45.03MAvg. Volume
265.20KDividend Yield
-Financial Metrics & Statements of Purple Innovation Inc (PRPL)
FAQ's for Purple Innovation Inc (PRPL)
- According to Musaffa’s Shariah screening methodology, Purple Innovation Inc (PRPL) is currently classified as NOT HALAL as of May 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Purple Innovation Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Purple Innovation 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 Purple Innovation 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 Purple Innovation 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 Purple Innovation Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.