SCKTNot HalalF
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Compliance Status

Not Halal

Screened on Oct 9, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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HalalScreener rates Socket Mobile, Inc. (SCKT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 9, 2026. Source: https://halalscreener.app/en/stock/SCKT

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%.

153.0% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding SCKT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Socket Mobile, Inc.

SCKT: Is Socket Mobile, Inc. Halal?

Socket Mobile, Inc.

NASDAQTechnologyUS

$0.60

Market Cap: 5.0M

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About Socket Mobile, Inc.

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; DuraScan 600 series NFC and RFID readers, 700 series companion scanners, 800 series attachable scanners, and the wearable 900 series products; and SocketScan solutions for seamless integration into various business applications, including the 300 series countertop readers, the 500 series NFC mobile wallet readers, the 700 series companion scanners, and the 800 series attachable scanners. In addition, it provides DuraSled, a protective barcode sled scanner; SocketCam C820 and C860, which are camera-based barcode scanners; and software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. Further, the company offers XtremeScan case, XtremeScan, and XtremeScan grip for the iphone. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.

Sector: Technology · Industry: Computer Hardware

Why this does not pass

  • Interest-bearing debt is 153.0% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 9, 2026

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2025Data source: EDGAR

Halal Alternatives in Technology

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Frequently Asked Questions

Is Socket Mobile, Inc. (SCKT) halal to invest in?
Socket Mobile, Inc. (SCKT) 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 Socket Mobile, Inc. get a F compliance rating?
Socket Mobile, Inc. (SCKT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 153.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Socket Mobile, Inc.'s Shariah verdict?
Socket Mobile, 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 Socket Mobile, Inc. re-screened for Shariah compliance?
Socket Mobile, Inc. (SCKT) 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: Oct 9, 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.