Cool Technologies, Inc. is an intellectual property and product development company. The company is headquartered in Tampa, Florida and currently employs 2 full-time employees. The company went IPO on 2009-07-30. The firm's technologies are divided into two categories: mobile power generation and heat dispersion technology. The firm has developed a mobile power generation system (eMGen) that enables work trucks to generate electric power by running an in-chassis generator. The eMGen system can be installed onto new and existing global truck platforms. The company intends to market and sell the mobile power generation systems to government, commercial and fleet vehicle owners as well as original equipment manufacturers and individual users. Its markets include consumer, agricultural, infrastructure, industrial, energy, mining services, military and emergency responders, both in the United States, and worldwide. The firm may also license the eMGen system as well.
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As of August 2026, Cool Technologies Inc WARM is classified as not covered 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 Cool Technologies Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Cool Technologies 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.
Musaffa determines the Shariah status of Cool Technologies Inc 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 Cool Technologies Inc 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 Cool Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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