Is PowerFleet Inc halal to invest in?

As of July 2026, PowerFleet Inc AIOT is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is PowerFleet Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes PowerFleet Inc using these criteria to determine its compliance status.

Can Muslims buy shares of PowerFleet Inc?

Muslim investors may consider investing in PowerFleet Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is PowerFleet Inc classified as NOT HALAL?

Musaffa determines the Shariah status of PowerFleet Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for PowerFleet Inc updated?

The Shariah compliance status of PowerFleet Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like PowerFleet Inc become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of PowerFleet Inc?

You can check the latest Shariah compliance status of PowerFleet Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

AIOT Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, PowerFleet Inc is classified as not halal.

NOT HALAL

Report Source: 2026 Annual Report

PowerFleet Inc. Stock Analysis AIOT

United States Industrials Small Cap Report: 2026 Annual

PowerFleet, Inc. engages in the provision of fleet management solutions for logistics, industrial, and vehicles. The company is headquartered in Woodcliff Lake, New Jersey and currently employs 88 full-time employees. The firm offers Unity, which is a hardware-agnostic AIoT cloud platform connecting assets over-the-road to in-warehouse, delivering real-time visibility and intelligence. Its Powerfleet for Warehouse and Factory AIoT solutions are designed to provide on-premises or in-facility asset and operator management, monitoring, and visibility for warehouse and factory trucks such as forklifts, man-lifts, tuggers and ground support equipment at airports. Its Powerfleet for On-Road AIoT solutions are designed to provide bumper-to-bumper AIoT asset management, monitoring, and visibility for over-the-road-based assets such as heavy trucks, dry-van trailers, refrigerated trailers and shipping containers and associated cargo. Its AIoT solutions provide mobile-asset tracking and condition-monitoring solutions.

Key Statistics of PowerFleet Inc (AIOT)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$3.97$4.15

Today's Open

$4.15

Volume

1.55M

P/E Ratio (TTM)

52 Week Range

$2.78$5.88

Market Cap

563.56M

Avg. Volume

1.32M

Dividend Yield

Financial Metrics & Statements of PowerFleet Inc (AIOT)

Super Investors Invested in PowerFleet Inc (AIOT)

FAQ's for PowerFleet Inc (AIOT)

As of July 2026, PowerFleet Inc AIOT is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes PowerFleet Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in PowerFleet Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of PowerFleet Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of PowerFleet Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of PowerFleet Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.