Owlet, Inc.

OWLT: Is Owlet, Inc. Halal?

Owlet, Inc.

NYSEHealthcareUS

$5.60

-3.28%

Market Cap: 101.3M

Compliance Status

Not Halal

Screened on Aug 30, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Owlet, Inc. (OWLT) halal? Not Halal. Based on AAOIFI screening, Owlet, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Owlet, Inc. (OWLT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/OWLT

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.0% of 30.0% limit

What this means for you

Most scholars advise not holding OWLT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Owlet, Inc.

Owlet, Inc. is a U.S.-based company that provides a digital platform specifically designed to support parents. Its primary objective is to equip families with immediate, valuable data and insights concerning their children. The company's product portfolio includes the Smart Sock, an advanced infant monitor that meticulously tracks a baby's oxygen saturation levels, heart rate, and sleep patterns. Another offering is the Dream Sock, a mobile application developed to help children achieve improved sleep quality. The Cam provides live video streaming functionality, allowing parents to both see and hear their baby remotely. Additionally, Owlet offers the Dream Lab, an interactive online platform that assists families in establishing healthy sleep routines. Furthermore, they market the Dream Duo, a complete system for infant sleep monitoring, which comprises a wearable sock sensor, high-definition video capabilities, and a digital sleep coaching service. Owlet, Inc. was founded in 2012 and is headquartered in Lehi, Utah.

Sector: Healthcare · Industry: Medical - Devices

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 2026

Compliance History

  1. Not Halalnow

    since Aug 2026

  2. Halal

    until the change above

  3. Not Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Owlet, Inc. (OWLT) halal to invest in?
Owlet, Inc. (OWLT) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Owlet, Inc. get a F compliance rating?
Owlet, Inc. (OWLT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Owlet, Inc.'s Shariah verdict?
Owlet, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Owlet, Inc. re-screened for Shariah compliance?
Owlet, Inc. (OWLT) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 30, 2026.

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.