Is DIGI INTERNATIONAL INC (DGII) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 9.3% / 30% | 1.2% / 30% | 3.6% / 30% | 0.01% / 5% | ✓ HALAL |
| DJIM | 9.3% / 33% | 1.2% / 33% | 3.6% / 33% | 0.01% / 5% | ✓ HALAL |
| MSCI | 18.6% / 33% | 2.4% / 33% | 7.1% / 33% | 0.01% / 5% | ✓ HALAL |
| S&P | 9.3% / 33% | 1.2% / 33% | 3.6% / 33% | 0.01% / 5% | ✓ HALAL |
| FTSE | 18.6% / 33% | 2.4% / 33% | 7.1% / 50% | 0.01% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 63.9% | |
| Operating Margin | 13.3% | |
| Net Margin | 9.5% | |
| Return on Equity (ROE) | 6.8% | |
| Return on Assets (ROA) | 4.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $108M |
| Free Cash Flow | $105M |
| Total Debt | $171M |
| Debt-to-Equity | 22.5 |
| Current Ratio | 1.2 |
| Total Assets | $923M |
Price & Trading
| Last Close | $48.64 |
| 50-Day MA | $47.46 |
| 200-Day MA | $39.81 |
| Avg Volume | 306K |
| Beta | 0.9 |
|
52-Week Range
$22.39
| |
About DIGI INTERNATIONAL INC (DGII)
Digi International Inc. provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. It operates through IoT Products & Services, and IoT Solutions segments. The company offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote access to network equipment in data centers and at edge locations; and radio frequency products, including embedded wireless modules, off-the-shelf gateways, modems, and adapters under the Digi XBee brand. It also provides embedded system products under the Digi Connect, and ConnectCore brands; and infrastructure management products comprising serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it provides Digi Remote Manager and Lighthouse, a recurring revenue cloud-based service that offers a secure environment for customers to manage connected device deployment and network devices; SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitoring facilities or pharmacies by tracking the completion of operating tasks by employees, and quality control and incident management in food service, healthcare, and transportation/logistics industries; and Ventus for MNaaS solutions. Further, the company provides professional services, such as site planning, implementation management, application development, and customer training; data plan subscriptions; and enhanced technical support services, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.
Purification Calculator
As a halal stock with 0.01% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is DIGI INTERNATIONAL INC (DGII) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DIGI INTERNATIONAL 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 DIGI INTERNATIONAL INC's debt ratio?
DIGI INTERNATIONAL INC's debt ratio is 9.3% 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 18.6%.
Does DIGI INTERNATIONAL INC require dividend purification?
Yes, DIGI INTERNATIONAL INC has an impermissible income ratio of 0.01%, which means 0.01% 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 DIGI INTERNATIONAL INC's key financial metrics?
DIGI INTERNATIONAL INC has a market capitalization of $1.8B, trailing P/E ratio of 42.4, and revenue of $430M. The company maintains a gross margin of 63.9% and a net margin of 9.5%. Return on equity stands at 6.8%.
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.