Is InspireMD, Inc. (NSPR) Halal?

NASDAQ Healthcare United States $67M
✗ NOT HALAL
Confidence: 90/100
InspireMD, Inc. (NSPR) is Not Halal under AAOIFI Standard 21. While the debt ratio of 3.4% is acceptable, the cash and interest-bearing securities ratio of 49.8% exceeds the 30% threshold. InspireMD, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.4%
/ 30%
49.8%
/ 30%
3.2%
/ 30%
22.21%
/ 5%
✗ NOT HALAL
DJIM 3.4%
/ 33%
49.8%
/ 33%
3.2%
/ 33%
22.21%
/ 5%
✗ NOT HALAL
MSCI 5.0%
/ 33%
74.0%
/ 33%
4.8%
/ 33%
22.21%
/ 5%
✗ NOT HALAL
S&P 3.4%
/ 33%
49.8%
/ 33%
3.2%
/ 33%
22.21%
/ 5%
✗ NOT HALAL
FTSE 5.0%
/ 33%
74.0%
/ 33%
4.8%
/ 50%
22.21%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.76
P/B Ratio
1.3
EV/EBITDA
-0.5
EV: $23M
Revenue
$7M
Growth: 61.6%
Beta
0.9
Average volatility
Current Ratio
5.7

Profitability

Gross Margin 29.5%
Operating Margin -383.7%
Net Margin 0.0%
Return on Equity (ROE) -106.9%
Return on Assets (ROA) -53.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$22M
Free Cash Flow-$23M
Total Debt$2M
Debt-to-Equity6.0
Current Ratio5.7
Total Assets$47M

Price & Trading

Last Close$1.73
50-Day MA$1.70
200-Day MA$2.10
Avg Volume37K
Beta0.9
52-Week Range
$1.51
$2.93

About InspireMD, Inc. (NSPR)

CEO
Mr. Marvin L. Slosman
Employees
127
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NASDAQ
Market Cap
$67M
Currency
USD

InspireMD, Inc., a medical device company, focuses on the development and commercialization of products for the treatment of carotid artery disease and other vascular conditions in the United States, Germany, Italy, Russia, Poland, and internationally. It offers MicroNet, a biocompatible polymer mesh material for medical implants, as well as for treating plaque prolapse and embolization; CGuard carotid embolic prevention system (EPS) for use in carotid artery applications; CGuard Prime Carotid Stent System; and SwitchGuard neuroprotection system to provide flow reversal of cerebral protection in carotid interventions, as well as treating acute stroke with tandem lesions. The company was founded in 2005 and is headquartered in Miami, Florida.

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is InspireMD, Inc. (NSPR) halal to invest in?

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

InspireMD, Inc.'s debt ratio is 3.4% 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 5.0%.

What are InspireMD, Inc.'s key financial metrics?

InspireMD, Inc. has a market capitalization of $67M, and revenue of $7M. Return on equity stands at -106.9%.

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.