As of August 2026, Wearable Devices Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Wearable Devices Ltd. Stock Analysis WLDS
United States Information Technology Nano Cap
Wearable Devices Ltd. engages in the development of a non-invasive neural input technology that allows operation and control of digital devices using subtle finger movements and fingertip pressure. The company is headquartered in Yokneam, Northern (Hazafon) and currently employs 35 full-time employees. The company went IPO on 2022-09-13. Wearable Devices Ltd is primarily engaged in developing a non-invasive neural input interface technology for business-to-business (B2B) and business-to-customer (B2C) customers. Company's products are non-invasive neural input interface closed in the form of a wristband to allow control of other digital devices with natural subtle hand finger movements and fingertip pressure. Company's technology is used in digital devices such as, consumer electronics, smart watches, smartphones, Augmented Reality (AR) glasses, Virtual Reality (VR) headsets, televisions, personal computers (PCs), laptop , drones, robots. Company's product portfolio includes Mudra Band and Mudra Inspire.
Wearable Devices Ltd (WLDS) Chart
Financial Metrics & Statements of Wearable Devices Ltd (WLDS)
FAQ's for Wearable Devices Ltd (WLDS)
As of August 2026, Wearable Devices Ltd WLDS 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 Wearable Devices Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Wearable Devices Ltd 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 Wearable Devices Ltd 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 Wearable Devices Ltd 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 Wearable Devices Ltd 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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