t42 IoT Tracking Solutions PLC TRAC.AQ
TRAC.AQ Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, t42 IoT Tracking Solutions PLC is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
t42 IoT Tracking Solutions PLC. Stock Analysis TRAC.AQ
United Kingdom Information Technology Nano Cap t42 IoT Tracking Solutions Plc engages in the development of wireless solutions for remote tracking, monitoring, and protection of assets and people. The Company’s segments include Hardware and SaaS. The company provides hardware and software solutions, shipping container tracking, transportation fleet management, smart padlock security, and central command systems. Its products include Tetis, Tetis R, Tetis R Hybrid, Lokies, WatchLock Cube, Kylos, Kylos Forever, and Kylos Air. Its multi-sensor IoT tracking devices use a range of detection capabilities with cloud-based analytics and alerts, with real-time data transmission, analysis, and actionable insights. Its devices are used by ports, cargo owners, shipping companies, freight forwarders, insurance companies, customs authorities, homeland security, and police for end-to-end global container tracking and digital transformation of shipments. Tetis provides a complete tracking and monitoring solution for dry containers.
t42 IoT Tracking Solutions PLC (TRAC.AQ) Chart
Financial Metrics & Statements of t42 IoT Tracking Solutions PLC (TRAC.AQ)
FAQ's for t42 IoT Tracking Solutions PLC (TRAC.AQ)
- As of August 2026, t42 IoT Tracking Solutions PLC TRAC.AQ 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 t42 IoT Tracking Solutions PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in t42 IoT Tracking Solutions PLC 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 t42 IoT Tracking Solutions PLC 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 t42 IoT Tracking Solutions PLC 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 t42 IoT Tracking Solutions PLC 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 t42 IoT Tracking Solutions PLC (TRAC.AQ)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
