Is DarioHealth Corp. (DRIO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 46.1% / 30% | 43.4% / 30% | 8.2% / 30% | 4.13% / 5% | ✗ NOT HALAL |
| DJIM | 46.1% / 33% | 43.4% / 33% | 8.2% / 33% | 4.13% / 5% | ✗ NOT HALAL |
| MSCI | 25.4% / 33% | 23.9% / 33% | 4.5% / 33% | 4.13% / 5% | ✓ HALAL |
| S&P | 46.1% / 33% | 43.4% / 33% | 8.2% / 33% | 4.13% / 5% | ✗ NOT HALAL |
| FTSE | 25.4% / 33% | 23.9% / 33% | 4.5% / 50% | 4.13% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 64.1% | |
| Operating Margin | -163.7% | |
| Net Margin | -186.6% | |
| Return on Equity (ROE) | -59.6% | |
| Return on Assets (ROA) | -20.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$39M |
| Free Cash Flow | -$39M |
| Total Debt | $30M |
| Debt-to-Equity | 46.7 |
| Current Ratio | 3.8 |
| Total Assets | $119M |
Price & Trading
| Last Close | $8.45 |
| 50-Day MA | $10.25 |
| 200-Day MA | $11.75 |
| Avg Volume | 15K |
| Beta | 1.2 |
|
52-Week Range
$5.93
| |
About DarioHealth Corp. (DRIO)
DarioHealth Corp. operates as a digital health company in the United States and internationally. Its digital therapeutics platform and suite of solutions deliver personalized and dynamic interventions driven by data analytics and one-on-one coaching for diabetes, hypertension, weight management, musculoskeletal pain, and behavioral health. The company offers Dario Connect, a solution used to create communities around specific health conditions to increase awareness and education; Dario Mind, a behavioral health offering that decreases the symptoms of stress, anxiety, and depression; Dario Move, focuses on improving posture to alleviate pain with medical device; and Dario Health, a self-care application and virtual coaching platform for diabetes, hypertension, and weight management and GLP-1. It also provides bundled full-suite or partial-suite subscriptions. The company was formerly known as LabStyle Innovations Corp. and changed its name to DarioHealth Corp. in July 2016. DarioHealth Corp. was incorporated in 2011 and is based in New York, New York.
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Frequently Asked Questions
Is DarioHealth Corp. (DRIO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DarioHealth Corp. 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 DarioHealth Corp.'s debt ratio?
DarioHealth Corp.'s debt ratio is 46.1% 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 25.4%.
What are DarioHealth Corp.'s key financial metrics?
DarioHealth Corp. has a market capitalization of $59M, and revenue of $27M. The company maintains a gross margin of 64.1% and a net margin of -186.6%. Return on equity stands at -59.6%.
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.