Is indie Semiconductor, Inc. (INDI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 64.0% / 30% | 25.2% / 30% | 10.0% / 30% | 3.35% / 5% | ✗ NOT HALAL |
| DJIM | 64.0% / 33% | 25.2% / 33% | 10.0% / 33% | 3.35% / 5% | ✗ NOT HALAL |
| MSCI | 44.0% / 33% | 17.3% / 33% | 6.8% / 33% | 3.35% / 5% | ✗ NOT HALAL |
| S&P | 64.0% / 33% | 25.2% / 33% | 10.0% / 33% | 3.35% / 5% | ✗ NOT HALAL |
| FTSE | 44.0% / 33% | 17.3% / 33% | 6.8% / 50% | 3.35% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -31.0% | |
| Operating Margin | -57.3% | |
| Net Margin | -65.8% | |
| Return on Equity (ROE) | -36.3% | |
| Return on Assets (ROA) | -10.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$57M |
| Free Cash Flow | -$71M |
| Total Debt | $370M |
| Debt-to-Equity | 96.3 |
| Current Ratio | 3.7 |
| Total Assets | $841M |
Price & Trading
| Last Close | $3.24 |
| 50-Day MA | $3.47 |
| 200-Day MA | $3.99 |
| Avg Volume | 4.3M |
| Beta | 2.6 |
|
52-Week Range
$1.53
| |
About indie Semiconductor, Inc. (INDI)
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicles, connected car, user experience, and electrification applications. It designs, develops, manufactures, and markets integrated circuits. The company also offers mixed-signal system-on-chips (SoCs) and system solutions for advanced driver assistance systems. In addition, it offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. Further, the company designs, manufactures, and integrates photonic components and sub-systems on various technology platforms, including fiber Bragg gratings (FBG), low-noise lasers, athermal and tunable packaging, leveraging low-noise, and high-speed electronics; and designs and develops standard and custom light sources, including super luminescent light emitting diodes (SLEDs). Additionally, it is developing LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors. The company provides solutions in the United States, Greater China, Europe, South Korea, rest of North America, rest of the Asia Pacific, and South America. indie Semiconductor, Inc. was founded in 2007 and is headquartered in Aliso Viejo, California.
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Frequently Asked Questions
Is indie Semiconductor, Inc. (INDI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), indie Semiconductor, Inc. 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 indie Semiconductor, Inc.'s debt ratio?
indie Semiconductor, Inc.'s debt ratio is 64.0% 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 44.0%.
What are indie Semiconductor, Inc.'s key financial metrics?
indie Semiconductor, Inc. has a market capitalization of $661M, and revenue of $217M. The company maintains a gross margin of -31.0% and a net margin of -65.8%. Return on equity stands at -36.3%.
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.