Is SI-BONE, Inc. (SIBN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 6.0% / 30% | 24.2% / 30% | 4.9% / 30% | 3.02% / 5% | ✓ HALAL |
| DJIM | 6.0% / 33% | 24.2% / 33% | 4.9% / 33% | 3.02% / 5% | ✓ HALAL |
| MSCI | 15.4% / 33% | 62.0% / 33% | 12.5% / 33% | 3.02% / 5% | ✗ NOT HALAL |
| S&P | 6.0% / 33% | 24.2% / 33% | 4.9% / 33% | 3.02% / 5% | ✓ HALAL |
| FTSE | 15.4% / 33% | 62.0% / 33% | 12.5% / 50% | 3.02% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 79.6% | |
| Operating Margin | -4.4% | |
| Net Margin | -9.4% | |
| Return on Equity (ROE) | -11.0% | |
| Return on Assets (ROA) | -6.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$675,000 |
| Free Cash Flow | -$9M |
| Total Debt | $37M |
| Debt-to-Equity | 20.7 |
| Current Ratio | 8.5 |
| Total Assets | $239M |
Price & Trading
| Last Close | $12.84 |
| 50-Day MA | $15.07 |
| 200-Day MA | $16.58 |
| Avg Volume | 563K |
| Beta | 0.7 |
|
52-Week Range
$12.29
| |
About SI-BONE, Inc. (SIBN)
SI-BONE, Inc., a medical device company, develops procedural solutions for compromised bone, grounded in expertise in biomechanical design and anatomy-specific applications in the United States and internationally. It offers a series of patented titanium implants and the instruments used to implant them, as well as implantable bone products. The company also provides IFUSE, a triangular titanium implant with a triangular cross-section and porous surface that stabilizes the joint and facilitates the biological fixation of the bone onto the implant to drive fusion; IFUSE 3D, a triangular titanium implant with a porous surface and fenestrated design to self-harvest bone; IFUSE BONE, which supports and augments the patient's own bone tissue in orthopedic procedures; IFUSE TORQ, an additively-manufactured threaded implant designed to allow for osteointegration, or incorporation of the bone into the implant's porous surface and structure; IFUSE BEDROCK GRANITE, an implant with a machined titanium core and a tulip that attaches to the rod and provides fusion and fixation to the sacroiliac joint as a foundational element for segmental spinal fusion; and IFUSE TORQ TNT, a porous threaded design with lengths capable of spanning the posterior pelvis, passing through the ipsilateral ilium, sacrum, and through the contralateral ilium. The company markets its products primarily with a direct sales force, as well as through third-party sales agents and resellers. SI-BONE, Inc. was incorporated in 2008 and is headquartered in Santa Clara, California.
Purification Calculator
As a halal stock with 3.02% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is SI-BONE, Inc. (SIBN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SI-BONE, 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 SI-BONE, Inc.'s debt ratio?
SI-BONE, Inc.'s debt ratio is 6.0% 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 15.4%.
Does SI-BONE, Inc. require dividend purification?
Yes, SI-BONE, Inc. has an impermissible income ratio of 3.02%, which means 3.02% 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 SI-BONE, Inc.'s key financial metrics?
SI-BONE, Inc. has a market capitalization of $543M, and revenue of $201M. The company maintains a gross margin of 79.6% and a net margin of -9.4%. Return on equity stands at -11.0%.
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.