What is Socket Mobile, Inc.'s Shariah compliance score?

Socket Mobile, Inc.'s (SCKT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Socket Mobile, Inc. pass AAOIFI screening?

Socket Mobile, Inc. (SCKT) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (SCKT: 140.2%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Socket Mobile, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Socket Mobile, Inc. (SCKT) using the latest financial data.

Where can I screen Socket Mobile, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Socket Mobile, Inc. (SCKT) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about SCKT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

SCKT: Is Socket Mobile, Inc. Halal?

Socket Mobile, Inc.

NASDAQTechnologyUS

$0.67

+4.98%

Market Cap: 5.5M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

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).

AvoidBorderlineClean

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%.

140.2% of 30.0% limit

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

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

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

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

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

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IFCA MSC Bhd

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0036.KLA+

Key Alliance Group Bhd

$0.07

+0.00%

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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 140.2% (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: Aug 26, 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.