PicoCELA Inc.

PCLA: Is PicoCELA Inc. Halal?

PicoCELA Inc.

NASDAQCommunication ServicesJP

$4.89

+3.82%

Market Cap: 4.5M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

6400.8% of 30.0% limit

What this means for you

Most scholars advise not holding PCLA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About PicoCELA Inc.

PicoCELA Inc., a Tokyo-based firm established in 2008, specializes in providing comprehensive enterprise-grade wireless mesh network solutions across Japan, encompassing manufacturing, deployment, and ongoing support. Their flagship offerings include the PCWL series mesh Wi-Fi access points, engineered with dedicated wireless modules for both backhaul and user access to optimize performance. Accompanying these devices is PicoManager, a proprietary cloud-based platform designed for seamless configuration and real-time oversight of their interconnected mesh Wi-Fi infrastructure. Furthermore, PicoCELA extends its influence by licensing its innovative and patented wireless mesh technology to other manufacturing entities. The company's robust solutions cater to a diverse range of sectors, such as construction, civil engineering, industrial factories, large retail complexes, and multi-location retail chains.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Communication Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is PicoCELA Inc. (PCLA) halal to invest in?
PicoCELA Inc. (PCLA) 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 PicoCELA Inc. get a F compliance rating?
PicoCELA Inc. (PCLA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6400.8% (limit 30%); interest-bearing deposits of 12082.9% (limit 30%); prohibited income of 0.61% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change PicoCELA Inc.'s Shariah verdict?
PicoCELA 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 PicoCELA Inc. re-screened for Shariah compliance?
PicoCELA Inc. (PCLA) 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: Jul 17, 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.