Is Inspire Medical Systems, Inc. (INSP) Halal?

NYSE Healthcare United States $1.4B
✓ HALAL
Confidence: 95/100
Inspire Medical Systems, Inc. (INSP) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 1.8% against the AAOIFI threshold of 30%, Inspire Medical Systems, 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 December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1.8%
/ 30%
16.8%
/ 30%
6.5%
/ 30%
1.92%
/ 5%
✓ HALAL
DJIM 1.8%
/ 33%
16.8%
/ 33%
6.5%
/ 33%
1.92%
/ 5%
✓ HALAL
MSCI 3.5%
/ 33%
34.0%
/ 33%
13.2%
/ 33%
1.92%
/ 5%
✗ NOT HALAL
S&P 1.8%
/ 33%
16.8%
/ 33%
6.5%
/ 33%
1.92%
/ 5%
✓ HALAL
FTSE 3.5%
/ 33%
34.0%
/ 33%
13.2%
/ 50%
1.92%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
10.3
Forward: 18.6
EPS
$4.89
P/B Ratio
1.8
EV/EBITDA
17.8
EV: $1.2B
Revenue
$912M
Growth: 12.2%
Beta
0.8
Low volatility
Current Ratio
6.1

Profitability

Gross Margin 85.4%
Operating Margin 17.1%
Net Margin 15.9%
Return on Equity (ROE) 19.8%
Return on Assets (ROA) 3.7%

Cash Flow & Balance Sheet

Operating Cash Flow$117M
Free Cash Flow$78M
Total Debt$32M
Debt-to-Equity4.1
Current Ratio6.1
Total Assets$907M

Price & Trading

Last Close$50.45
50-Day MA$66.18
200-Day MA$92.32
Avg Volume1.3M
Beta0.8
52-Week Range
$48.78
$164.02

About Inspire Medical Systems, Inc. (INSP)

CEO
Mr. Timothy P. Herbert
Employees
1,333
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NYSE
Market Cap
$1.4B
Currency
USD

Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for patients with moderate to severe OSA. It also develops a novel, closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.

Purification Calculator

As a halal stock with 1.92% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Inspire Medical Systems, Inc. (INSP) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Inspire Medical Systems, 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 Inspire Medical Systems, Inc.'s debt ratio?

Inspire Medical Systems, Inc.'s debt ratio is 1.8% 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 3.5%.

Does Inspire Medical Systems, Inc. require dividend purification?

Yes, Inspire Medical Systems, Inc. has an impermissible income ratio of 1.92%, which means 1.92% 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 Inspire Medical Systems, Inc.'s key financial metrics?

Inspire Medical Systems, Inc. has a market capitalization of $1.4B, trailing P/E ratio of 10.3, and revenue of $912M. The company maintains a gross margin of 85.4% and a net margin of 15.9%. Return on equity stands at 19.8%.

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.