Is Wearable Devices Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Wearable Devices Ltd (WLDS) is currently classified as NOT HALAL as of April 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 Wearable Devices Ltd 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 Wearable Devices Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Wearable Devices Ltd?

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.

Why is Wearable Devices Ltd classified as NOT HALAL?

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.

How often is the Shariah compliance for Wearable Devices Ltd updated?

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

Can a halal stock like Wearable Devices Ltd 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 Wearable Devices Ltd?

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.

WLDS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2026

Report Source: 2025 Annual Report

Wearable Devices Ltd. Stock Analysis WLDS

United States Information Technology Nano Cap Report: 2025 Annual

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.

Key Statistics of Wearable Devices Ltd (WLDS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.93$0.98

Today's Open

$0.96

Volume

165.12K

P/E Ratio (TTM)

52 Week Range

$0.93$34.20

Market Cap

3.64M

Avg. Volume

6.98M

Dividend Yield

Financial Metrics & Statements of Wearable Devices Ltd (WLDS)

FAQ's for Wearable Devices Ltd (WLDS)

According to Musaffa’s Shariah screening methodology, Wearable Devices Ltd (WLDS) is currently classified as NOT HALAL as of April 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.