TruGolf Holdings Inc

TRUG

Compliant
Exchange
Sector
Headquarters
Group
NASDAQ
Consumer Cyclicals
USA
Micro Cap

TruGolf Holdings Inc is Shariah Compliant. It passes 1/5 Shariah standards we screen against.

0.79%

Impure Income*

$0.010

Purification*

$0.000

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
2.13

Shariah Compliance

  • Updated on September 22, 2026
Debt
100%
✗
Non-Compliant Assets
✓
Impure Income
0.79%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
26.15%
✓
Impure Income
0.79%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
57.21%
✗
Impure Income
0.79%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
19.24%
✓
Cash
35.42%
✗
Cash & AR
42.44%
✓
Impure Income
0.79%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
19.24%
✓
Cash
35.42%
✗
Cash & AR
42.44%
✗
Impure Income
0.79%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.79%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

TruGolf Holdings, Inc. is engaged in creating indoor golf software and custom hardware as well as establishing and selling franchises that use the Company’s indoor golf and recreational sports simulators and other equipment. The Company sells its software and custom hardware directly to customers and its franchise owners. It creates technology software in the marketplace through its TruGolf E6 Connect and E6 Apex Software. It provides video games, hardware solutions, and an e-sports platform to connect golfers with TruGolf E6 Connect Software, which is a software engine. It offers Apogee, which is a launch monitor created to improve accuracy. Its features include Apogee Voice Assistant, a voice command system that allows users to navigate TruGolf E6 Connect Software gameplay within rounds and practice sessions; Laser Launchpad, a laser indicator that shows users where to place the ball and when the system is ready to record a swing and point-of-impact (POI) slow-motion replay video.

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