Compliance Status

Halal

Screened on Oct 7, 2026 · AAOIFI Standard 21

A+

Excellent

95Score

Is Wrap Technologies, Inc. (WRAP) halal? Halal. Based on AAOIFI screening, Wrap Technologies, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).

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HalalScreener rates Wrap Technologies, Inc. (WRAP) Halal, 95/100, grade A+ under AAOIFI Standard 21, screened Oct 7, 2026. Source: https://halalscreener.app/en/stock/WRAP

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%.

0.5% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own WRAP

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened WRAP's prohibited income, but the exact share you would need to purify is part of Pro.

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Wrap Technologies, Inc.

WRAP: Is Wrap Technologies, Inc. Halal?

Wrap Technologies, Inc.

NASDAQTechnologyUS

$1.42

Market Cap: 79.1M

Screened on a market cap of 89.7M

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About Wrap Technologies, Inc.

Wrap Technologies, Inc. is an enterprise dedicated to public safety technology and services, engineering advanced solutions for security personnel and law enforcement agencies. Its flagship offering is the BolaWrap 150, a portable, remote restraint tool designed to de-escalate situations. This innovative device propels a Kevlar cord, enabling officers to safely manage uncooperative individuals from distances ranging between 10 and 25 feet. Established in 2016 and based in Tempe, Arizona, Wrap Technologies maintains a broad international footprint, serving markets across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region.

Sector: Technology · Industry: Hardware, Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 7, 2026

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Screened according to AAOIFI Standard 21

Compliance History

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 2026Data source: EDGAR
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Frequently Asked Questions

Is Wrap Technologies, Inc. (WRAP) halal to invest in?
Based on AAOIFI Standard 21 screening, Wrap Technologies, Inc. (WRAP) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Wrap Technologies, Inc. get a A+ compliance rating?
Wrap Technologies, Inc. (WRAP) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Wrap Technologies, Inc.'s Shariah verdict?
Wrap Technologies, 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 Wrap Technologies, Inc. re-screened for Shariah compliance?
Wrap Technologies, Inc. (WRAP) 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 7, 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.