Is FRANKLIN WIRELESS CORP (FKWL) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.1% / 30% | 90.7% / 30% | 4.5% / 30% | 1.51% / 5% | ✗ NOT HALAL |
| DJIM | 3.1% / 33% | 90.7% / 33% | 4.5% / 33% | 1.51% / 5% | ✗ NOT HALAL |
| MSCI | 2.7% / 33% | 79.2% / 33% | 3.9% / 33% | 1.51% / 5% | ✗ NOT HALAL |
| S&P | 3.1% / 33% | 90.7% / 33% | 4.5% / 33% | 1.51% / 5% | ✗ NOT HALAL |
| FTSE | 2.7% / 33% | 79.2% / 33% | 3.9% / 50% | 1.51% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 19.0% | |
| Operating Margin | 0.4% | |
| Net Margin | 0.5% | |
| Return on Equity (ROE) | 0.8% | |
| Return on Assets (ROA) | -3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | $1M |
| Total Debt | $1M |
| Debt-to-Equity | 3.1 |
| Current Ratio | 3.4 |
| Total Assets | $51M |
Price & Trading
| Last Close | $3.75 |
| 50-Day MA | $3.93 |
| 200-Day MA | $4.23 |
| Avg Volume | 10K |
| Beta | 0.2 |
|
52-Week Range
$3.52
| |
About FRANKLIN WIRELESS CORP (FKWL)
Franklin Wireless Corp. provides integrated wireless solutions in North America and Asia. The company offers 5G/4G wireless broadband products, such as portable wi-fi mobile hotspot routers, mobile hotspots, fixed wireless routers, and mobile device management (MDM) solutions. It also provides mobile device management that ensure security, compliance, and efficient operation across mobile environments; and network management systems, for monitoring, managing, and optimizing network performance. In addition, the company offers quvo family guardian solutions, including parental control and senior care. The company markets and sells its products to wireless operators, strategic partners, and distributors. Franklin Wireless Corp. was founded in 1981 and is headquartered in San Diego, California.
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Frequently Asked Questions
Is FRANKLIN WIRELESS CORP (FKWL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FRANKLIN WIRELESS CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is FRANKLIN WIRELESS CORP's debt ratio?
FRANKLIN WIRELESS CORP's debt ratio is 3.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 2.7%.
What are FRANKLIN WIRELESS CORP's key financial metrics?
FRANKLIN WIRELESS CORP has a market capitalization of $44M, trailing P/E ratio of 188.0, and revenue of $46M. The company maintains a gross margin of 19.0% and a net margin of 0.5%. Return on equity stands at 0.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.