Is INTELLIGENT BIO SOLUTIONS INC. (INBS) Halal?

NASDAQ Healthcare United States $6M
✓ HALAL
Confidence: 95/100
INTELLIGENT BIO SOLUTIONS INC. (INBS) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 4.3% against the AAOIFI threshold of 30%, INTELLIGENT BIO SOLUTIONS INC. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Medical Devices), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 4.3%
/ 30%
15.7%
/ 30%
24.6%
/ 30%
3.33%
/ 5%
✓ HALAL
DJIM 4.3%
/ 33%
15.7%
/ 33%
24.6%
/ 33%
3.33%
/ 5%
✓ HALAL
MSCI 3.4%
/ 33%
12.4%
/ 33%
19.4%
/ 33%
3.33%
/ 5%
✓ HALAL
S&P 4.3%
/ 33%
15.7%
/ 33%
24.6%
/ 33%
3.33%
/ 5%
✓ HALAL
FTSE 3.4%
/ 33%
12.4%
/ 33%
19.4%
/ 50%
3.33%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-14.45
P/B Ratio
0.4
EV/EBITDA
-0.6
EV: $6M
Revenue
$3M
Growth: 47.6%
Beta
4.6
High volatility
Current Ratio
2.4

Profitability

Gross Margin 46.2%
Operating Margin -290.9%
Net Margin 0.0%
Return on Equity (ROE) -150.2%
Return on Assets (ROA) -51.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$10M
Free Cash Flow-$10M
Total Debt$281,805
Debt-to-Equity17.7
Current Ratio2.4
Total Assets$8M

Price & Trading

Last Close$3.40
50-Day MA$5.88
200-Day MA$11.01
Avg Volume2.5M
Beta4.6
52-Week Range
$3.18
$24.90

About INTELLIGENT BIO SOLUTIONS INC. (INBS)

CEO
Mr. Harry Simeonidis
Employees
53
Website
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NASDAQ
Market Cap
$6M
Currency
USD

Intelligent Bio Solutions Inc., a medical technology company, focused on developing and delivering non-invasive testing, and screening solutions in Asia Pacific, the United States, the United Kingdom, and internationally. The company operates intelligent fingerprinting drug screening system, a platform to analyze fingerprint sweat analysis to detect drugs abuse; and biosensor platform. The company was formerly known as GBS Inc. and changed its name to Intelligent Bio Solutions Inc. in October 2022. Intelligent Bio Solutions Inc. was incorporated in 2016 and is headquartered in New York, New York.

Purification Calculator

As a halal stock with 3.33% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

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Frequently Asked Questions

Is INTELLIGENT BIO SOLUTIONS INC. (INBS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), INTELLIGENT BIO SOLUTIONS 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 INTELLIGENT BIO SOLUTIONS INC.'s debt ratio?

INTELLIGENT BIO SOLUTIONS INC.'s debt ratio is 4.3% 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 3.4%.

Does INTELLIGENT BIO SOLUTIONS INC. require dividend purification?

Yes, INTELLIGENT BIO SOLUTIONS INC. has an impermissible income ratio of 3.33%, which means 3.33% 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 INTELLIGENT BIO SOLUTIONS INC.'s key financial metrics?

INTELLIGENT BIO SOLUTIONS INC. has a market capitalization of $6M, and revenue of $3M. Return on equity stands at -150.2%.

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.