No. As of September 2026, Stablecoin Development Corp (SDEV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Stablecoin Development Corp does not pass Musaffa's business and financial screening criteria.
Stablecoin Development Corp. engages in the development and sales of scientifically-created and clinically-proven eyecare and skincare. The company is headquartered in Emeryville, California and currently employs 2 full-time employees. The company went IPO on 2007-10-26. Its initial digital asset focus is the Sky protocol ecosystem, with SKY as its core holding. Through staking and other on-chain activities, the Company seeks to generate protocol-level economic exposure while maintaining governance, risk management, and public-company discipline. The Sky Protocol is a decentralized, non-custodial software protocol built around the USDS stablecoin and governed by Sky ecosystem participants through on-chain governance processes. The protocol is implemented through open-source smart contracts deployed on the Ethereum blockchain. The Sky Protocol includes two primary native tokens: USDS, a collateral-backed stablecoin designed to maintain a soft peg to the U.S. dollar, and SKY, the protocol token used in governance and certain protocol-level economic mechanisms.
Stablecoin Development Corp SDEV
$0.89 $0.00 (0.08%) 1D
Last Updated: Sep 04, 12:00 AM·XASE
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SDEV Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Stablecoin Development Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Stablecoin Development Corp (SDEV)
FAQ's for Stablecoin Development Corp (SDEV)
As of September 2026, Stablecoin Development Corp SDEV 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 Stablecoin Development Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Stablecoin Development 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 Stablecoin Development 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 Stablecoin Development 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 Stablecoin Development Corp 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 Stablecoin Development Corp (SDEV)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.