Is IMPINJ INC (PI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.7% / 30% | 6.2% / 30% | 2.5% / 30% | 1.61% / 5% | ✓ HALAL |
| DJIM | 10.7% / 33% | 6.2% / 33% | 2.5% / 33% | 1.61% / 5% | ✓ HALAL |
| MSCI | 55.8% / 33% | 32.2% / 33% | 13.0% / 33% | 1.61% / 5% | ✗ NOT HALAL |
| S&P | 10.7% / 33% | 6.2% / 33% | 2.5% / 33% | 1.61% / 5% | ✓ HALAL |
| FTSE | 55.8% / 33% | 32.2% / 33% | 13.0% / 50% | 1.61% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 52.5% | |
| Operating Margin | -2.9% | |
| Net Margin | -3.0% | |
| Return on Equity (ROE) | -6.0% | |
| Return on Assets (ROA) | -0.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $59M |
| Free Cash Flow | $46M |
| Total Debt | $304M |
| Debt-to-Equity | 145.4 |
| Current Ratio | 2.7 |
| Total Assets | $545M |
Price & Trading
| Last Close | $101.78 |
| 50-Day MA | $123.40 |
| 200-Day MA | $154.03 |
| Avg Volume | 748K |
| Beta | 1.6 |
|
52-Week Range
$60.85
| |
About IMPINJ INC (PI)
Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that consists of reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software that enable its partners to solve enterprise business problems, such as package sortation, dock door ingress/egress and retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.
Purification Calculator
As a halal stock with 1.61% impermissible income, you need to purify your dividends.
Related Halal Stocks in Technology
Frequently Asked Questions
Is IMPINJ INC (PI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), IMPINJ 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 IMPINJ INC's debt ratio?
IMPINJ INC's debt ratio is 10.7% 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 55.8%.
Does IMPINJ INC require dividend purification?
Yes, IMPINJ INC has an impermissible income ratio of 1.61%, which means 1.61% 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 IMPINJ INC's key financial metrics?
IMPINJ INC has a market capitalization of $3.0B, and revenue of $361M. The company maintains a gross margin of 52.5% and a net margin of -3.0%. Return on equity stands at -6.0%.
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.