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Is AppSwarm Corp Stock Halal?
Shariah Compliance Analysis of SWRM Stock
No. As of November 2026, AppSwarm Corp (SWRM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. AppSwarm Corp does not pass Musaffa's business and financial screening criteria.
AppSwarm, Inc. engages in the provision of application incubation, which offers end-to-end services for mobile application development across all major platforms including iPhone, RIM's Blackberry, Google's Android and Microsoft's Windows mobile. The company is headquartered in Tulsa, Oklahoma. The company went IPO on 2000-06-13. The firm partners with and assists other firms in technology development and business management. The company is focused on providing applications in the health and wellness, lifestyle, games, ride sharing, delivery and fleet management sectors. Its Health Note Calmi app is an advanced artificial intelligence (AI)-powered health and wellness platform engineered to mitigate stress, optimize sleep quality, and enhance cardiovascular health. The company also offers AskOptima, which is an AI-powered search engine platform that leverages the latest advancements in artificial intelligence. Its Media Play App Development division focuses on the development and publishing of mobile-app products in gaming and entertainment, along with supporting incubation of app development as well as in-house project development. The Company’s subsidiary is Swarm USA Inc. (Wyoming).
SWRM Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, AppSwarm Corp is classified as not halal.
NOT HALALAppSwarm Corp (SWRM) Chart
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Financial Metrics & Statements of AppSwarm Corp (SWRM)
FAQ's for AppSwarm Corp (SWRM)
- As of November 2026, AppSwarm Corp SWRM 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 AppSwarm Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in AppSwarm 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 AppSwarm 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 AppSwarm 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 AppSwarm 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 AppSwarm Corp (SWRM)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.