
FOXX: Is Foxx Development Holdings Inc. Halal?
Foxx Development Holdings Inc.
$2.88
-7.26%
Market Cap: 20.2M
Compliance Status
Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Very Good
Is Foxx Development Holdings Inc. (FOXX) halal? Halal. Based on AAOIFI screening, Foxx Development Holdings Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 87/100 (Grade: A).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own FOXX
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened FOXX's prohibited income, but the exact share you would need to purify is part of Pro.
About Foxx Development Holdings Inc.
Foxx Development Holdings Inc. operates within the United States, focusing on the distribution and retail sales of its proprietary Foxx-branded smartphones and tablets. The company's offerings extend beyond these core products to include wearables and various other communication devices. Furthermore, Foxx is actively engaged in providing after-sales customer support and conducting research and development to devise innovative customization standards and services. Its primary customer base includes value-conscious consumers, individuals acquiring a tablet or smartphone for the first time, and parents purchasing these devices for their children. Foxx reaches these diverse clients through the online and physical retail outlets of its telecommunication partners. Founded in 2017, Foxx Development Holdings Inc. is headquartered in Irvine, California.
Sector: Technology · Industry: Consumer Electronics
Shariah Compliance Status
Compliance History
Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.