Is Identiv, Inc. (INVE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.6% / 30% | 173.6% / 30% | 5.4% / 30% | 5.08% / 5% | ✗ NOT HALAL |
| DJIM | 2.6% / 33% | 173.6% / 33% | 5.4% / 33% | 5.08% / 5% | ✗ NOT HALAL |
| MSCI | 1.2% / 33% | 83.1% / 33% | 2.6% / 33% | 5.08% / 5% | ✗ NOT HALAL |
| S&P | 2.6% / 33% | 173.6% / 33% | 5.4% / 33% | 5.08% / 5% | ✗ NOT HALAL |
| FTSE | 1.2% / 33% | 83.1% / 33% | 2.6% / 50% | 5.08% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 6.1% | |
| Operating Margin | -69.2% | |
| Net Margin | -83.8% | |
| Return on Equity (ROE) | -12.2% | |
| Return on Assets (ROA) | -8.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$15M |
| Free Cash Flow | -$17M |
| Total Debt | $2M |
| Debt-to-Equity | 0.6 |
| Current Ratio | 15.2 |
| Total Assets | $163M |
Price & Trading
| Last Close | $3.79 |
| 50-Day MA | $3.33 |
| 200-Day MA | $3.50 |
| Avg Volume | 45K |
| Beta | 1.4 |
|
52-Week Range
$2.86
| |
About Identiv, Inc. (INVE)
Identiv, Inc., develops, manufactures, and supplies specialty IoT products in the United States, Europe, the Middle East, and the Asia-Pacific. The company offers specialty radio-frequency identification (RFID) and Internet of Things (IoT) devices, including near field communication, high frequency, dual frequency, ultra-high frequency, and bluetooth low energy that are attached to or embedded into physical items, such as syringes, pill containers, wine bottles, and sports jerseys, providing unique digital identity. It serves its products to pharmaceutical and medical devices, consumer electronics, mobile devices, wine and spirits, luxury goods, libraries, and logistics. The company was formerly known as Identive Group, Inc. and changed its name to Identiv, Inc. in May 2014. Identiv, Inc. was founded in 1990 and is headquartered in Santa Ana, California.
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Frequently Asked Questions
Is Identiv, Inc. (INVE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Identiv, 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 Identiv, Inc.'s debt ratio?
Identiv, Inc.'s debt ratio is 2.6% 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 1.2%.
What are Identiv, Inc.'s key financial metrics?
Identiv, Inc. has a market capitalization of $88M, and revenue of $27M. The company maintains a gross margin of 6.1% and a net margin of -83.8%. Return on equity stands at -12.2%.
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.