Is SOLESENCE, INC. (SLSN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 21.5% / 30% | 2.0% / 30% | 6.8% / 30% | 0.0% / 5% | ✓ HALAL |
| DJIM | 21.5% / 33% | 2.0% / 33% | 6.8% / 33% | 0.0% / 5% | ✓ HALAL |
| MSCI | 30.6% / 33% | 2.8% / 33% | 9.7% / 33% | 0.0% / 5% | ✓ HALAL |
| S&P | 21.5% / 33% | 2.0% / 33% | 6.8% / 33% | 0.0% / 5% | ✓ HALAL |
| FTSE | 30.6% / 33% | 2.8% / 33% | 9.7% / 50% | 0.0% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 24.8% | |
| Operating Margin | -5.3% | |
| Net Margin | 1.7% | |
| Return on Equity (ROE) | 6.6% | |
| Return on Assets (ROA) | 1.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2M |
| Free Cash Flow | -$3M |
| Total Debt | $15M |
| Debt-to-Equity | 146.2 |
| Current Ratio | 1.8 |
| Total Assets | $50M |
Price & Trading
| Last Close | $0.94 |
| 50-Day MA | $1.23 |
| 200-Day MA | $2.68 |
| Avg Volume | 31K |
| Beta | 1.1 |
|
52-Week Range
$0.78
| |
About SOLESENCE, INC. (SLSN)
Solesence, Inc., a science-driven company, develops, manufactures, and sells integrated family of technologies in the United States. The company engages in engineered materials, formulation development, and commercial manufacturing. It also provides skin care formulations with mineral-based UV protection enabled by proprietary active pharmaceutical ingredients under the Solésence brand; skin health products, such as sunscreens and daily care products; and advanced material products, including architectural coatings, industrial coatings, abrasion-resistant additives, plastics additives, and medical diagnostics applications. The company was formerly known as Nanophase Technologies Corporation and changed its name to Solesence, Inc. in March 2025. Solesence, Inc. was incorporated in 1989 and is headquartered in Romeoville, Illinois.
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Frequently Asked Questions
Is SOLESENCE, INC. (SLSN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SOLESENCE, 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 SOLESENCE, INC.'s debt ratio?
SOLESENCE, INC.'s debt ratio is 21.5% 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 30.6%.
What are SOLESENCE, INC.'s key financial metrics?
SOLESENCE, INC. has a market capitalization of $64M, trailing P/E ratio of 90.8, and revenue of $52M. The company maintains a gross margin of 24.8% and a net margin of 1.7%. Return on equity stands at 6.6%.
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.