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Is Socket Mobile Inc Stock Halal?
Shariah Compliance Analysis of SCKT Stock
United States Information Technology Nano Cap No. As of November 2026, Socket Mobile Inc (SCKT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Socket Mobile Inc does not pass Musaffa's business and financial screening criteria.
Socket Mobile, Inc. is a mobile data capture company, which engages in the provision of data capture and delivery solutions for enhanced productivity in workforce mobilization. The company is headquartered in Fremont, California and currently employs 53 full-time employees. The firm's primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications (NFC) technologies that connect over Bluetooth. The firm's products work with applications running on smartphones, mobile computers and tablets using operating systems from Apple (iOS), Google (Android) and Microsoft (Windows). Its products are incorporated into mobile applications used in point of sale (POS), commercial services (field workers), asset tracking, manufacturing process and quality control, transportation and logistics (goods tracking and movement), event management (ticketing, entry, access control, and identification), medical and education. Its product categories include XtremeScan family, SocketCam family, DuraScan Family, SocketScan family, DuraSled Family, and Software Developer Kit.
SCKT Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, Socket Mobile Inc is classified as not halal.
NOT HALALSocket Mobile Inc (SCKT) Chart
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Financial Metrics & Statements of Socket Mobile Inc (SCKT)
FAQ's for Socket Mobile Inc (SCKT)
- As of November 2026, Socket Mobile Inc SCKT 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 Socket Mobile Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Socket Mobile 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 Socket Mobile 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 Socket Mobile 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 Socket Mobile 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 Socket Mobile Inc (SCKT)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
