Is 908 Devices Inc. (MASS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.9% / 30% | 30.7% / 30% | 5.6% / 30% | 7.54% / 5% | ✗ NOT HALAL |
| DJIM | 2.9% / 33% | 30.7% / 33% | 5.6% / 33% | 7.54% / 5% | ✗ NOT HALAL |
| MSCI | 4.1% / 33% | 43.6% / 33% | 7.9% / 33% | 7.54% / 5% | ✗ NOT HALAL |
| S&P | 2.9% / 33% | 30.7% / 33% | 5.6% / 33% | 7.54% / 5% | ✗ NOT HALAL |
| FTSE | 4.1% / 33% | 43.6% / 33% | 7.9% / 50% | 7.54% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 51.1% | |
| Operating Margin | -17.3% | |
| Net Margin | 34.7% | |
| Return on Equity (ROE) | -25.8% | |
| Return on Assets (ROA) | -9.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$24M |
| Free Cash Flow | -$25M |
| Total Debt | $5M |
| Debt-to-Equity | 3.2 |
| Current Ratio | 4.2 |
| Total Assets | $190M |
Price & Trading
| Last Close | $6.14 |
| 50-Day MA | $6.43 |
| 200-Day MA | $6.67 |
| Avg Volume | 325K |
| Beta | 0.5 |
|
52-Week Range
$3.55
| |
About 908 Devices Inc. (MASS)
908 Devices Inc. provides purpose-built handheld mass spectrometry and fourier transform infrared (FTIR) devices for use in vital health and safety applications. The company's products include MX908, a handheld, battery-powered, and Mass Spec device that is designed for rapid analysis of solid, liquid, vapor, and aerosol materials of unknown identity; XplorIR, a handheld device that uses FTIR spectroscopy to identify, quantify, and track gases and vapors; ThreatID, a portable FTIR device that rapidly detects and identifies approximately 28,000 unknown gas, vapor, powder, and liquid chemical hazards; ProtectIR, a handheld FTIR device that can identify approximately 23,000 solid and liquid chemical hazards; and VipIR, a handheld 3-in-1 analyzer that integrates FTIR, Raman spectroscopy, and smart spectral processing (SSP), a proprietary algorithm, to provide a single result from just one sample. It operates in the United States, Europe, the Middle East, Africa, the Asia Pacific, and rest of Americas. The company was incorporated in 2012 and is headquartered in Burlington, Massachusetts.
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Frequently Asked Questions
Is 908 Devices Inc. (MASS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), 908 Devices 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 908 Devices Inc.'s debt ratio?
908 Devices Inc.'s debt ratio is 2.9% 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 4.1%.
What are 908 Devices Inc.'s key financial metrics?
908 Devices Inc. has a market capitalization of $216M, and revenue of $56M. The company maintains a gross margin of 51.1% and a net margin of 34.7%. Return on equity stands at -25.8%.
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.