Compliance Status
Not Halal
Screened on Oct 11, 2026 · AAOIFI Standard 21
Non-Compliant
Is Smith Micro Software, Inc. (SMSI) halal? Not Halal. Based on AAOIFI screening, Smith Micro Software, 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 Smith Micro Software, Inc. (SMSI) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 11, 2026. Source: https://halalscreener.app/en/stock/SMSI
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding SMSI
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page

SMSI: Is Smith Micro Software, Inc. Halal?
Smith Micro Software, Inc.
$2.61
Market Cap: 11.7M
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About Smith Micro Software, Inc.
Smith Micro Software, Inc. engineers and distributes specialized software solutions globally, primarily to telecommunications and cable service providers, with the goal of enriching the mobile experience. Their product lineup includes the SafePath suite—encompassing SafePath Family, SafePath IoT, and SafePath Home—which provides users with essential tools to protect their digital activities and manage connected devices both within and beyond their households. Additionally, the company offers CommSuite, an advanced messaging platform that empowers mobile carriers to deliver state-of-the-art voicemail services, including multi-language voice-to-text transcription, to their subscribers. Another core offering is ViewSpot, a retail display management system that delivers interactive, on-screen demonstrations for wireless carriers and their retail partners. Beyond its software products, Smith Micro Software also furnishes comprehensive technical assistance and customer support. The company was established in 1982 and maintains its corporate headquarters in Pittsburgh, Pennsylvania.
Sector: Technology · Industry: Software - Application
Why this does not pass
- Interest-bearing debt is 38.1% of market cap, over the 30% AAOIFI 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
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
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PROInstitutional-grade Shariah analysis
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The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Oct 2026
Halal
until the change above
Not Halal
until the change above
Halal
until the change above
Tracked since Aug 2026. Updates automatically on each re-screen.
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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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.