Is AIRGAIN INC (AIRG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 7.9% / 30% | 17.2% / 30% | 23.6% / 30% | 0.19% / 5% | ✓ HALAL |
| DJIM | 7.9% / 33% | 17.2% / 33% | 23.6% / 33% | 0.19% / 5% | ✓ HALAL |
| MSCI | 8.0% / 33% | 17.6% / 33% | 24.1% / 33% | 0.19% / 5% | ✓ HALAL |
| S&P | 7.9% / 33% | 17.2% / 33% | 23.6% / 33% | 0.19% / 5% | ✓ HALAL |
| FTSE | 8.0% / 33% | 17.6% / 33% | 24.1% / 50% | 0.19% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 43.5% | |
| Operating Margin | -17.6% | |
| Net Margin | -12.4% | |
| Return on Equity (ROE) | -21.7% | |
| Return on Assets (ROA) | -10.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$2M |
| Total Debt | $5M |
| Debt-to-Equity | 16.6 |
| Current Ratio | 2.0 |
| Total Assets | $45M |
Price & Trading
| Last Close | $5.37 |
| 50-Day MA | $4.61 |
| 200-Day MA | $4.31 |
| Avg Volume | 62K |
| Beta | 1.0 |
|
52-Week Range
$3.00
| |
About AIRGAIN INC (AIRG)
Airgain, Inc. provides wireless connectivity solutions that offer embedded components, external antennas, and integrated systems in North America, China, and internationally. The company offers enterprise products, including smart network controlled cellular repeaters, embedded cellular modems, asset tracking solutions, and antennas for access points and Internet of Things (IoT) applications. It also provides automotive products, such as AirgainConnect Fleet system solution, a low-profile, roof-mounted, all-in-one 5G vehicle gateway that offers 4G/5G cellular connectivity with built-in multi-profile eSIM, GNSS, Wi-Fi, and gigabit ethernet router functionalities; AirgainConnect Cloud, a device management and analytics platform; and aftermarket antennas. In addition, the company offers consumer products comprising embedded antennas for consumer access points, wireless gateways, and fixed wireless access devices; and AirgainConnect Go-Kit Pro, a wireless solution. It serves public safety and first responders, transportation and logistics, energy and utilities, industrial and manufacturing, enterprise, hospitality and retail, venues, field services, and smart cities. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was incorporated in 1995 and is headquartered in San Diego, California.
Purification Calculator
As a halal stock with 0.19% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is AIRGAIN INC (AIRG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), AIRGAIN INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is AIRGAIN INC's debt ratio?
AIRGAIN INC's debt ratio is 7.9% 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 8.0%.
Does AIRGAIN INC require dividend purification?
Yes, AIRGAIN INC has an impermissible income ratio of 0.19%, which means 0.19% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are AIRGAIN INC's key financial metrics?
AIRGAIN INC has a market capitalization of $65M, and revenue of $52M. The company maintains a gross margin of 43.5% and a net margin of -12.4%. Return on equity stands at -21.7%.
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.