Is GSI TECHNOLOGY INC (GSIT) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.4% / 30% | 4.7% / 30% | 1.3% / 30% | 2.17% / 5% | ✓ HALAL |
| DJIM | 3.4% / 33% | 4.7% / 33% | 1.3% / 33% | 2.17% / 5% | ✓ HALAL |
| MSCI | 22.3% / 33% | 31.0% / 33% | 8.9% / 33% | 2.17% / 5% | ✓ HALAL |
| S&P | 3.4% / 33% | 4.7% / 33% | 1.3% / 33% | 2.17% / 5% | ✓ HALAL |
| FTSE | 22.3% / 33% | 31.0% / 33% | 8.9% / 50% | 2.17% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 54.6% | |
| Operating Margin | -113.7% | |
| Net Margin | -43.2% | |
| Return on Equity (ROE) | -18.8% | |
| Return on Assets (ROA) | -13.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$13M |
| Free Cash Flow | -$13M |
| Total Debt | $10M |
| Debt-to-Equity | 10.5 |
| Current Ratio | 10.4 |
| Total Assets | $43M |
Price & Trading
| Last Close | $5.88 |
| 50-Day MA | $7.29 |
| 200-Day MA | $5.86 |
| Avg Volume | 1.7M |
| Beta | 1.5 |
|
52-Week Range
$1.62
| |
About GSI TECHNOLOGY INC (GSIT)
GSI Technology, Inc. designs, develops, and markets semiconductor memory solutions for networking, industrial, test equipment, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. It offers associative processing unit products, which focuses on applications using similarity search in visual search queries for e-commerce, computer vision, drug discovery, cyber security, and service markets. The company also provides static random-access memory (SRAM) products, including SyncBurst, NBT, SigmaQuad, and SigmaDDR. In addition, it offers radiation-hardened and radiation-tolerant SRAMs for military/defense and aerospace applications, such as networking satellites and missiles. The company's products are used as components in the original equipment manufacturer customers' products, including routers, switches, and other networking and telecommunications products; military and aerospace applications, including radar and guidance systems and satellites; test and measurement applications; automotive applications comprising smart cruise control; medical applications, such as ultrasound and CAT scan equipment; and audio/video processing. The company markets its products through a network of independent sales representatives and distributors. GSI Technology, Inc. was incorporated in 1995 and is headquartered in Sunnyvale, California.
Purification Calculator
As a halal stock with 2.17% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is GSI TECHNOLOGY INC (GSIT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GSI TECHNOLOGY 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 GSI TECHNOLOGY INC's debt ratio?
GSI TECHNOLOGY INC's debt ratio is 3.4% 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 22.3%.
Does GSI TECHNOLOGY INC require dividend purification?
Yes, GSI TECHNOLOGY INC has an impermissible income ratio of 2.17%, which means 2.17% 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 GSI TECHNOLOGY INC's key financial metrics?
GSI TECHNOLOGY INC has a market capitalization of $191M, and revenue of $21M. The company maintains a gross margin of 54.6% and a net margin of -43.2%. Return on equity stands at -18.8%.
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.