As of August 2026, SKYX Platforms Corp is classified as halal.
HALAL
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SKYX Platforms Corp. Stock Analysis SKYX
United States Industrials Micro Cap
SKYX Platforms Corp. engages in the development of connected devices used in the installation of lighting fixtures and ceiling fans. The company is headquartered in Pompano Beach, Florida and currently employs 73 full-time employees. The company went IPO on 2015-07-21. The firm has a series of disruptive advanced-safe-smart platform technologies. The firm owns over 60 lighting and home decor Websites for both the retail and commercial segments. Its first- and second-generation technologies enable light fixtures, ceiling fans and other electrically wired products to be installed safely and plugged in to a ceiling’s electrical outlet box, and without the need to touch hazardous wires. Its products are designed to improve all around home and building safety and lifestyle. Its products include The Weight Bearing Power-Plug, Sky Universal Power-Plug & Receptacle, SkyHome App, Sky Smart Gen-2 - Universal Power-Plug & Receptacle, Sky - Smart Gen2 for Plug and Play Ceiling Fans, Sky - Smart Gen-2 for Plug and Play Lighting, and Sky - All-In-One Smart Sky Platform. The Weight Bearing Power-Plug acts as an installation device, designed for plug and play installation of weight-bearing electronics.
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Financial Metrics & Statements of SKYX Platforms Corp (SKYX)
FAQ's for SKYX Platforms Corp (SKYX)
As of August 2026, SKYX Platforms Corp SKYX is classified as 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 SKYX Platforms Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in SKYX Platforms 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 SKYX Platforms 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 SKYX Platforms 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 SKYX Platforms Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to SKYX Platforms Corp (SKYX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.