Is Inspire Medical Systems, Inc. (INSP) halal? Doubtful. Based on AAOIFI screening, Inspire Medical Systems, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 63/100 (Grade: B).

Inspire Medical Systems, Inc.

INSP: Is Inspire Medical Systems, Inc. Halal?

Doubtful

Inspire Medical Systems, Inc.

NYSEHealthcareUS

$40.58

-0.64%

Purify ~2.5% of income

About Inspire Medical Systems, Inc.

Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. It also develops a novel, a closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.

Sector: Healthcare 路 Industry: Medical - Devices

Why This Stock Is Doubtful

  • Interest-bearing deposits are 26.0% of market cap, only 4.0 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
B

Acceptable

Acceptable but room for improvement

63Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap2.7% / 30.0%

Compliance History

Doubtful, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your INSP Dividends

2.5% non-compliant income

INSP has 2.5% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

1.2B

Price

$40.58

Sector

Healthcare

Industry

Medical - Devices

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Frequently Asked Questions

Is Inspire Medical Systems, Inc. (INSP) halal to invest in?
Inspire Medical Systems, Inc. (INSP) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Inspire Medical Systems, Inc. get a B compliance rating?
Inspire Medical Systems, Inc. (INSP) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.7% (limit 30%); interest-bearing deposits of 26.0% (limit 30%); prohibited income of 2.52% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Inspire Medical Systems, Inc.'s Shariah verdict?
Inspire Medical Systems, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Inspire Medical Systems, Inc. re-screened for Shariah compliance?
Inspire Medical Systems, Inc. (INSP) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.