What is Energous Corporation's Shariah compliance score?

Energous Corporation's (WATT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Energous Corporation pass AAOIFI screening?

Energous Corporation (WATT) 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% (WATT: 1.2%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Energous Corporation 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 Energous Corporation (WATT) using the latest financial data.

Where can I screen Energous Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Energous Corporation (WATT) and 10,000+ 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 WATT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

WATT: Is Energous Corporation Halal?

Energous Corporation

NASDAQTechnologyUS

$17.09

-8.41%

Market Cap: 94.0M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Energous Corporation (WATT) halal? Not Halal. Based on AAOIFI screening, Energous Corporation 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

Well clear of the limit

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

1.2% of 30.0% limit

What this means for you

Most scholars advise not holding WATT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Energous Corporation

Energous Corporation is a company focused on developing cutting-edge wireless power solutions. Their primary offering is the innovative WattUp wireless power technology, a complete system designed to charge electronic devices using radio frequencies. This technology integrates specialized semiconductor chipsets, advanced software controls, unique hardware designs, and custom antennas. The applications for Energous's technology are extensive, covering smart home and building automation, digital price tags (electronic shelf labels), industrial Internet of Things (IoT) sensors, various medical devices (both external and internal), location trackers, audio devices (hearables), personal tech (wearables), general consumer electronics, and public safety equipment. Established in 2012, the company was originally known as DvineWave Inc. before officially changing its name to Energous Corporation in January 2014. Its corporate headquarters are situated in San Jose, California.

Sector: Technology · Industry: Hardware, Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 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: Q1 2026Data source: FMP

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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Ubiquiti Inc.

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Willowglen MSC Bhd

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IRIS Corporation Bhd

$0.23

-0.02%

0023.KLA+

IFCA MSC Bhd

$0.24

+0.02%

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Frequently Asked Questions

Is Energous Corporation (WATT) halal to invest in?

Energous Corporation (WATT) 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 Energous Corporation get a F compliance rating?

Energous Corporation (WATT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Energous Corporation's Shariah verdict?

Energous Corporation'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 Energous Corporation re-screened for Shariah compliance?

Energous Corporation (WATT) 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 12, 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.