Is SS Innovations International, Inc. (SSII) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.1% / 30% | 0.1% / 30% | 0.8% / 30% | 3.86% / 5% | ✓ HALAL |
| DJIM | 2.1% / 33% | 0.1% / 33% | 0.8% / 33% | 3.86% / 5% | ✓ HALAL |
| MSCI | 42.9% / 33% | 1.1% / 33% | 16.9% / 33% | 3.86% / 5% | ✗ NOT HALAL |
| S&P | 2.1% / 33% | 0.1% / 33% | 0.8% / 33% | 3.86% / 5% | ✓ HALAL |
| FTSE | 42.9% / 33% | 1.1% / 33% | 16.9% / 50% | 3.86% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 46.0% | |
| Operating Margin | -5.1% | |
| Net Margin | -28.5% | |
| Return on Equity (ROE) | -46.9% | |
| Return on Assets (ROA) | -8.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$19M |
| Free Cash Flow | -$22M |
| Total Debt | $14M |
| Debt-to-Equity | 37.6 |
| Current Ratio | 1.9 |
| Total Assets | $74M |
Price & Trading
| Last Close | $4.93 |
| 50-Day MA | $4.64 |
| 200-Day MA | $6.00 |
| Avg Volume | 98K |
| Beta | 1.6 |
|
52-Week Range
$3.02
| |
About SS Innovations International, Inc. (SSII)
SS Innovations International, Inc., together with its subsidiaries, operates as a commercial-stage surgical robotics company in India, Philippines, Indonesia, South America, Iraq, Cyprus, Oman, United Arab Emirates (UAE), Nepal, and internationally. It offers SSi Mantra, a surgical robotic system; and SSi Mudra, a range of stapling, energy, and core instrumentations for surgical systems. The company also develops NADI Automated Coronary Anastomotic Connector, a micro stapling device; SSi Multi-Fire Clip Applier, a cartridge-based clip applicator; SSi Robotic Stapler; SSi Maya is an enabling digital platform that compliments the SSI Mantra system and enhances surgical capabilities; SSi Guru is a virtual tele illustration; SSi XR Cognitive Skill Simulator is an extended reality (XR) software platform developed to train and educate surgeons and surgical assistants; SSi MantraM; SSi Mantra Tele Surgeon Console (TSC); and 5mm surgical instruments; SSi Holographic Anatomy, an augmented reality tool; SSi Chitrasa Advanced DICOM Viewer, an AI enabled application viewer; and SSi Mixed Reality Headset, a medical-grade device. In addition, it offers instrument tips, including forceps, scissors, electrocautery tools, scalpels, and other surgical tools. Further, the company provides accessory products, such as sterile drapes, 3d stereo endoscopes, cannulas, and seals, as well as tele proctoring and telesurgery products. Additionally, it offers installation, repair, maintenance, 24/7 technical support, and proactive health monitoring services. The company sells its products through direct sales organizations and distributor networks. SS Innovations International, Inc. is headquartered in Gurugram, India.
Purification Calculator
As a halal stock with 3.86% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is SS Innovations International, Inc. (SSII) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SS Innovations International, 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 SS Innovations International, Inc.'s debt ratio?
SS Innovations International, Inc.'s debt ratio is 2.1% 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 42.9%.
Does SS Innovations International, Inc. require dividend purification?
Yes, SS Innovations International, Inc. has an impermissible income ratio of 3.86%, which means 3.86% 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 SS Innovations International, Inc.'s key financial metrics?
SS Innovations International, Inc. has a market capitalization of $983M, and revenue of $42M. The company maintains a gross margin of 46.0% and a net margin of -28.5%. Return on equity stands at -46.9%.
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.