Shariah compliance overview
HalaliWallet Corporation (IWAL) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About iWallet Corporation
iWallet Corporation designs and develops biometric locking wallets and related physical and personal security products to protect against identity, personal, and financial information theft in the United States.
iWallet Corporation (IWAL) operates in the Consumer Cyclical sector, in the Personal Products & Services industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.00% (limit 5%), interest-bearing debt is 19.26% (limit 30%) and interest-bearing securities and assets are 0.00% (limit 30%).
- Business Activity
- 0.00%Limit 5%Pass
- Interest-bearing debt
- 19.26%Limit 30%Pass
- Interest-bearing securities and assets
- 0.00%Limit 30%Pass
- Dividend purification
- 0.00%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.
Please login to access this content
Please login to access this content
Please login to access this content
Company Profile
Please login to access this content
Frequently asked questions
Quick answers about iWallet Corporation (IWAL). Current Akinda screening label: Halal.
