Is System1, Inc. (SST) Halal?

NYSE Industrials United States $33M
✗ NOT HALAL
Confidence: 90/100
System1, Inc. (SST) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 895.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. System1, Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 895.9%
/ 30%
207.2%
/ 30%
205.0%
/ 30%
6.54%
/ 5%
✗ NOT HALAL
DJIM 895.9%
/ 33%
207.2%
/ 33%
205.0%
/ 33%
6.54%
/ 5%
✗ NOT HALAL
MSCI 59.9%
/ 33%
13.9%
/ 33%
13.7%
/ 33%
6.54%
/ 5%
✗ NOT HALAL
S&P 895.9%
/ 33%
207.2%
/ 33%
205.0%
/ 33%
6.54%
/ 5%
✗ NOT HALAL
FTSE 59.9%
/ 33%
13.9%
/ 33%
13.7%
/ 50%
6.54%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-8.32
P/B Ratio
0.9
EV/EBITDA
18.4
EV: $242M
Revenue
$266M
Growth: -31.3%
Beta
1.6
High volatility
Current Ratio
1.0

Profitability

Gross Margin 2.9%
Operating Margin -33.6%
Net Margin -24.6%
Return on Equity (ROE) -158.6%
Return on Assets (ROA) -9.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$4M
Free Cash Flow-$11M
Total Debt$315M
Debt-to-Equity1806.8
Current Ratio1.0
Total Assets$405M

Price & Trading

Last Close$1.37
50-Day MA$3.18
200-Day MA$5.29
Avg Volume16K
Beta1.6
52-Week Range
$1.35
$15.00

About System1, Inc. (SST)

CEO
Mr. Michael L. Blend
Employees
250
Sector
Industrials
Industry
Specialty Business Services
Country
United States
Exchange
NYSE
Market Cap
$33M
Currency
USD

System1, Inc. provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States and internationally. It operates in two segments: Owned and Operated Advertising, and Partner Network. The company engages in the provision of acquiring traffic to its owned and operated websites, as well as revenue-sharing arrangements and related services. It also operates MapQuest, a web-based navigation service that delivers turn-by-turn direction services to users; Info.com, a metasearch engine that consumers can use to search for relevant information; HowStuffWorks, a commercial website focused on helping people solve problems in their daily lives by using various types of digital media to easily breakdown and explain complex concepts, topics, terminology, and mechanisms; Startpage, a private search engine that allows users to browse and search the Internet in complete privacy; and CouponFollow, a coupon destinations for online shoppers, as well as ActiveBeat and Infospace. In addition, the company offers antivirus software solutions, which provide customers a single packaged solution that offers protection and reporting to the end users. The company is based in Los Angeles, California.

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Frequently Asked Questions

Is System1, Inc. (SST) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), System1, 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 System1, Inc.'s debt ratio?

System1, Inc.'s debt ratio is 895.9% 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 59.9%.

What are System1, Inc.'s key financial metrics?

System1, Inc. has a market capitalization of $33M, and revenue of $266M. The company maintains a gross margin of 2.9% and a net margin of -24.6%. Return on equity stands at -158.6%.

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.