Is INSEEGO CORP. (INSG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 25.3% / 30% | 13.9% / 30% | 16.3% / 30% | 0.21% / 5% | ✓ HALAL |
| DJIM | 25.3% / 33% | 13.9% / 33% | 16.3% / 33% | 0.21% / 5% | ✓ HALAL |
| MSCI | 48.5% / 33% | 26.5% / 33% | 31.1% / 33% | 0.21% / 5% | ✗ NOT HALAL |
| S&P | 25.3% / 33% | 13.9% / 33% | 16.3% / 33% | 0.21% / 5% | ✓ HALAL |
| FTSE | 48.5% / 33% | 26.5% / 33% | 31.1% / 50% | 0.21% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 42.7% | |
| Operating Margin | 2.7% | |
| Net Margin | 0.5% | |
| Return on Assets (ROA) | 3.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $7M |
| Free Cash Flow | -$2M |
| Total Debt | $45M |
| Current Ratio | 1.3 |
| Total Assets | $94M |
Price & Trading
| Last Close | $11.46 |
| 50-Day MA | $11.41 |
| 200-Day MA | $11.20 |
| Avg Volume | 186K |
| Beta | 1.3 |
|
52-Week Range
$6.24
| |
About INSEEGO CORP. (INSG)
Inseego Corp. engages in the design and development of cloud-managed wireless wide area network (WAN) and intelligent edge solutions for businesses, consumers, and governments in the United Stated, Europe, and internationally. The company offers 5G and 4G mobile broadband solutions, such as mobile hotspots under the MiFi brand. It also provides fixed wireless access solutions, including indoor, outdoor, and industrial routers and gateways. In addition, the company provides cloud management solutions, as well as wireless subscriber lifecycle management solutions. Further, the company offers Inseego Subscribe, a wireless subscriber management solution for carrier's servicing of their government and complex enterprise customer. It serves transportation companies, industrial companies, governmental agencies, manufacturers, mobile operators, system integrators, distributors, and enterprises. Inseego Corp. was founded in 1996 and is based in San Diego, California.
Purification Calculator
As a halal stock with 0.21% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is INSEEGO CORP. (INSG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), INSEEGO CORP. 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 INSEEGO CORP.'s debt ratio?
INSEEGO CORP.'s debt ratio is 25.3% 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 48.5%.
Does INSEEGO CORP. require dividend purification?
Yes, INSEEGO CORP. has an impermissible income ratio of 0.21%, which means 0.21% 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 INSEEGO CORP.'s key financial metrics?
INSEEGO CORP. has a market capitalization of $185M, and revenue of $166M. The company maintains a gross margin of 42.7% and a net margin of 0.5%.
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.