As of August 2026, Wrap Technologies Inc is classified as halal.
HALAL
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Wrap Technologies Inc. Stock Analysis WRAP
United States Information Technology Micro Cap
Wrap Technologies, Inc. is a global public safety technology and service company, which engages in the provision of modern policing solutions to law enforcement and security personnel. The company is headquartered in Miami, Florida and currently employs 25 full-time employees. The company went IPO on 2018-05-18. Its products, services and solutions include BolaWrap Remote Restraint Device, Wrap Reality, and Wrap Intrensic. The BolaWrap Remote Restraint Device is a hand-held remote restraint device that discharges a seven and half-foot Kevlar tether to entangle an individual at a range of 10-25 feet. BolaWrap assists law enforcement to control encounters early without resorting to painful force options. Wrap Reality is a law enforcement three-dimensional training system employing computer graphics virtual reality (VR) with software-enabled content. Wrap Intrensic is a Body-Worn Camera (BWC) and Digital Evidence Management (DEM) solutions provider. BWC and DEM are engaged in capturing, storing, and managing digital evidence for various purposes, including criminal investigations and maintaining transparency in public interactions.
Wrap Technologies Inc (WRAP) Chart
Financial Metrics & Statements of Wrap Technologies Inc (WRAP)
FAQ's for Wrap Technologies Inc (WRAP)
As of August 2026, Wrap Technologies Inc WRAP is classified as 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 Wrap Technologies Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Wrap 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 Wrap 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 Wrap 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 Wrap Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Wrap Technologies Inc (WRAP)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.