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Shariah compliance overview

Halal

Forward Industries, Inc. (FWDI) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Forward Industries, Inc.

Forward Industries, Inc. operates through two segments: Digital Assets and Design. The company's primary strategy is focused on its Digital Assets segment, which acquires, holds, and stakes Solana (SOL) and other digital assets, adopting SOL as its main treasury reserve asset.

Forward Industries, Inc. (FWDI) operates in the Financial Services sector, in the Asset Management - Cryptocurrency industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.39% (limit 5%), interest-bearing debt is 0.00% (limit 30%) and interest-bearing securities and assets are 22.02% (limit 30%).

If you hold FWDI, give 0.39% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
0.39%Limit 5%Pass
Interest-bearing debt
0.00%Limit 30%Pass
Interest-bearing securities and assets
22.02%Limit 30%Pass
Dividend purification
0.39%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Forward Industries, Inc. (FWDI). Current Akinda screening label: Halal.