Is CSP INC /MA/ (CSPI) Halal?

NASDAQ Technology United States $79M
✗ NOT HALAL
Confidence: 90/100
CSP INC /MA/ (CSPI) is Not Halal under AAOIFI Standard 21. While the debt ratio of 3.0% is acceptable, the cash and interest-bearing securities ratio of 31.8% exceeds the 30% threshold. CSP INC /MA/ operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from September 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.0%
/ 30%
31.8%
/ 30%
24.3%
/ 30%
3.16%
/ 5%
✗ NOT HALAL
DJIM 3.0%
/ 33%
31.8%
/ 33%
24.3%
/ 33%
3.16%
/ 5%
✓ HALAL
MSCI 3.6%
/ 33%
38.5%
/ 33%
29.4%
/ 33%
3.16%
/ 5%
✗ NOT HALAL
S&P 3.0%
/ 33%
31.8%
/ 33%
24.3%
/ 33%
3.16%
/ 5%
✓ HALAL
FTSE 3.6%
/ 33%
38.5%
/ 33%
29.4%
/ 50%
3.16%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.05
Dividend Yield
153.0%
Payout: 575.0%
P/B Ratio
1.8
EV/EBITDA
-21.6
EV: $57M
Revenue
$59M
Growth: -23.2%
Beta
0.8
Low volatility
Current Ratio
2.8

Profitability

Gross Margin 33.9%
Operating Margin -0.9%
Net Margin -0.9%
Return on Equity (ROE) -1.0%
Return on Assets (ROA) -2.6%

Cash Flow & Balance Sheet

Operating Cash Flow$2M
Free Cash Flow$2M
Total Debt$3M
Debt-to-Equity6.0
Current Ratio2.8
Total Assets$71M

Price & Trading

Last Close$7.94
50-Day MA$9.69
200-Day MA$11.36
Avg Volume23K
Beta0.8
52-Week Range
$7.55
$17.76

About CSP INC /MA/ (CSPI)

CEO
Mr. Victor J. Dellovo
Employees
123
Sector
Technology
Industry
Information Technology Services
Country
United States
Exchange
NASDAQ
Market Cap
$79M
Currency
USD

CSP Inc. develops and markets IT integration solutions, security products, managed IT services, cloud services, network adapters, and cluster computer systems for commercial and defense customers worldwide. The Technology Solutions segment provides third-party hardware, software, and information technology products, such as data center infrastructure solutions, midrange data storage infrastructure products, networking and mobility products, unified communications, and advanced IT security hardware and software solutions. This segment also offers hyper-converged infrastructure, a software-centric architecture that tightly integrates compute, storage, and virtualization resources in a single system; virtualization; IT consulting services, such as assessments, planning, designing, assessment, implementation, migration, optimization, and project management; enterprise security intrusion prevention, network access control, and unified threat management services; and IT security compliance services. In addition, it provides unified communications; wireless, and routing and switching solutions; custom software applications and solutions development and support services; optimization, maintenance, and technical support services; managed IT services, such as monitoring, reporting, and management of alerts for the resolution and preventive general IT, and IT security support tasks; and proactive monitoring and remote management of IT infrastructure, managed and hosted unified communication as a service, managed security, managed backup and replication, and cloud services. The High Performance Products segment offers ARIA Software-Defined Security, a cybersecurity solution; ARIA Zero Trust PROTECT that stopping the attacks that are used to attack critical infrastructure applications; Myricom SmartNIC adapters; and multicomputer products for digital signal processing applications in the defense markets. CSP Inc. was incorporated in 1968 and is based in Lowell, Massachusetts.

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Frequently Asked Questions

Is CSP INC /MA/ (CSPI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CSP INC /MA/ 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 CSP INC /MA/'s debt ratio?

CSP INC /MA/'s debt ratio is 3.0% 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 3.6%.

What are CSP INC /MA/'s key financial metrics?

CSP INC /MA/ has a market capitalization of $79M, and revenue of $59M. The company maintains a gross margin of 33.9% and a net margin of -0.9%. Return on equity stands at -1.0%.

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.