Is Smartmetric Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Smartmetric Inc (SMME) is currently classified as NOT HALAL as of March 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.

Is Smartmetric Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Smartmetric Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Smartmetric Inc?

Muslim investors may consider investing in Smartmetric 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.

Why is Smartmetric Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Smartmetric Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Smartmetric Inc updated?

The Shariah compliance status of Smartmetric Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Smartmetric Inc become non-compliant?

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.

Where can I check the Shariah status of Smartmetric Inc?

You can check the latest Shariah compliance status of Smartmetric Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SMME Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 17, 2026

Report Source: 2025 1st Quarter Report

Smartmetric Inc. Stock Analysis SMME

United States Information Technology Nano Cap Report: Q1, 2025

SmartMetric, Inc. is a technology engineering company, which engages in the development of miniature electronic systems and software. The company is headquartered in Las Vegas, Nevada and currently employs 1 full-time employees. The company went IPO on 2006-04-07. The firm has secured issued patents covering the biometric credit and debit card fingerprint activated invention. In addition, the Company holds the license to issued patents covering features of its biometric fingerprint activated cards. The Company’s main product under development is a fingerprint sensor activated credit/debit card with a finger sensor and fully functional fingerprint reader embedded inside the card. These cards have a rechargeable battery, allowing for portable biometric identification and card activation. These cards are herein sometimes referred to as a biometric card or the SmartMetric Biometric card. The company has completed development of its card along with pre-mass manufacturing cards and is in the final stages of production of its credit/debit biometric card.

Financial Metrics & Statements of Smartmetric Inc (SMME)

FAQ's for Smartmetric Inc (SMME)

According to Musaffa’s Shariah screening methodology, Smartmetric Inc (SMME) is currently classified as NOT HALAL as of March 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.