Is ALLURION TECHNOLOGIES, INC. (ALUR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 378.3% / 30% | 153.4% / 30% | 71.2% / 30% | 143.2% / 5% | ✗ NOT HALAL |
| DJIM | 378.3% / 33% | 153.4% / 33% | 71.2% / 33% | 143.2% / 5% | ✗ NOT HALAL |
| MSCI | 115.6% / 33% | 46.9% / 33% | 21.7% / 33% | 143.2% / 5% | ✗ NOT HALAL |
| S&P | 378.3% / 33% | 153.4% / 33% | 71.2% / 33% | 143.2% / 5% | ✗ NOT HALAL |
| FTSE | 115.6% / 33% | 46.9% / 33% | 21.7% / 50% | 143.2% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 61.0% | |
| Operating Margin | -362.3% | |
| Net Margin | -187.9% | |
| Return on Assets (ROA) | -71.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$64M |
| Free Cash Flow | -$66M |
| Total Debt | $38M |
| Current Ratio | 1.3 |
| Total Assets | $33M |
Price & Trading
| Last Close | $0.82 |
| 50-Day MA | $1.03 |
| 200-Day MA | $1.83 |
| Avg Volume | 2.8M |
| Beta | -0.5 |
|
52-Week Range
$0.23
| |
About ALLURION TECHNOLOGIES, INC. (ALUR)
Allurion Technologies Inc. focuses on ending obesity with a weight loss platform to treat people who are overweight. Its platform offers the Allurion Program, a swallowable and procedure-less intragastric balloon for weight loss, as well as provides access to artificial intelligence-powered remote patient monitoring tools, a proprietary behavior change program, secure messaging, and video telehealth that are delivered by the Allurion Virtual Care Suite. The company operates in Spain, France, Turkey, and internationally. Allurion Technologies Inc. is headquartered in Natick, Massachusetts.
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Frequently Asked Questions
Is ALLURION TECHNOLOGIES, INC. (ALUR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ALLURION TECHNOLOGIES, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ALLURION TECHNOLOGIES, INC.'s debt ratio?
ALLURION TECHNOLOGIES, INC.'s debt ratio is 378.3% 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 115.6%.
What are ALLURION TECHNOLOGIES, INC.'s key financial metrics?
ALLURION TECHNOLOGIES, INC. has a market capitalization of $12M, and revenue of $32M. The company maintains a gross margin of 61.0% and a net margin of -187.9%.
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.