Proxim Wireless Corp. engages in the provision of broadband wireless network solutions. The company is headquartered in Milpitas, California. The company went IPO on 2000-02-02. The Company’s systems enable a variety of wireless applications including security and surveillance, VoIP, last mile access, enterprise LAN and point-to-point backhaul. Its solutions include smart city, video surveillance, backhaul, mobility, wireless broadband/ISP, WiFi and all solutions. Its products include point-to-multipoint, point-to-point, Wireless LAN Access, ProximVision Advanced and portfolio view. Its point-to-multipoint products include Multipoint 10250 BeamX Series, Multipoint 10200 CPE/CPA, Multipoint 10100 Series, Edge 1000 Series, MP-8260 Series and Edge 1066 CPE. Its point-to-point products include Stratum X5 - 5 GHz, Stratum X3 - 5 GHz, BeamX Series, Quickbridge 10100 Series and Edge 1000 Series. Its Wireless LAN Access include ORiNOCO AP-9200R and Crosspoint 10100 Series.
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As of August 2026, Proxim Wireless Corp PRXM 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 Proxim Wireless Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Proxim Wireless Corp 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 Proxim Wireless Corp 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 Proxim Wireless Corp 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 Proxim Wireless Corp 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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