
Is Focus Universal (FCUV) stock Halal?
As of the September 2026 screening, Focus Universal, Inc. (FCUV) does not meet the AAOIFI Shariah Standard No. 21 threshold for the non-permissible income and interest-bearing investments screens, so the stock is not currently classified as Shariah compliant. It is re-screened every month and can regain compliance if its financial structure changes.
Focus Universal is a technology company that specializes in the development and commercialization of integrated sensor monitoring and wireless control solutions for the Internet of Things (IoT). The company's key purpose is to enhance the interoperability and communication between various devices interconnected via the IoT, which plays a crucial role in sectors such as agriculture, environmental monitoring, energy management, and smart homes. For Muslim investors, though, the most pressing question is simpler: is Focus Universal a Halal investment?
Is Focus Universal Shariah compliant?
Technology companies rarely fail AAOIFI screening on what they sell. Software, hardware and digital services are permissible business activities, so for a company like Focus Universal the Shariah question moves to the balance sheet: how much of its market value sits in interest bearing debt, how much of its cash earns Riba in conventional deposits, and whether incidental income from impermissible sources creeps past 5% of revenue. These are exactly the ratios AAOIFI Shariah Standard No. 21 polices, and they move every month with the share price.
Does Focus Universal pass the business activity test?
The activity screen is only part of the picture this month: Focus Universal currently fails the non-permissible income and interest-bearing investments screens, so the overall verdict is not compliant regardless of the business itself. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.
Is Focus Universal's income Halal?
No. Focus Universal's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Focus Universal meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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