What is indie Semiconductor, Inc.'s Shariah compliance score?

indie Semiconductor, Inc.'s (INDI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does indie Semiconductor, Inc. pass AAOIFI screening?

indie Semiconductor, Inc. (INDI) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (INDI: 53.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for indie Semiconductor, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for indie Semiconductor, Inc. (INDI) using the latest financial data.

Where can I screen indie Semiconductor, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for indie Semiconductor, Inc. (INDI) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about INDI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

INDI: Is indie Semiconductor, Inc. Halal?

indie Semiconductor, Inc.

NASDAQTechnologyUS

$3.72

-1.72%

Market Cap: 784.9M

Compliance Status

Not Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is indie Semiconductor, Inc. (INDI) halal? Not Halal. Based on AAOIFI screening, indie Semiconductor, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates indie Semiconductor, Inc. (INDI) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/INDI

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

53.0% of 30.0% limit

What this means for you

Most scholars advise not holding INDI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About indie Semiconductor, Inc.

indie Semiconductor, Inc. specializes in delivering cutting-edge semiconductor and software solutions, primarily targeting the automotive industry. Their offerings enhance critical functions such as advanced driver assistance systems (ADAS), in-car connectivity, the overall user experience, and vehicle electrification. Within the automotive domain, their products encompass ultrasound technology for parking assistance, integrated wireless charging systems for vehicle cabins, sophisticated infotainment platforms, and LED lighting solutions designed to elevate passenger comfort. Furthermore, they facilitate robust vehicle connectivity through telematics and cloud access technologies. Beyond the automotive sector, the company also engineers photonic components leveraging a variety of technological platforms. These include fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and high-speed, low-noise electronics. These advanced photonic products cater to diverse markets such as laser systems, optical sensing, and optical communication. Founded in 2007, indie Semiconductor, Inc. is headquartered in Aliso Viejo, California.

Sector: Technology · Industry: Semiconductors

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

BVCA+

BitVentures Limited

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IRIS Corporation Bhd

$0.20

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IFCA MSC Bhd

$0.20

-0.02%

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Key Alliance Group Bhd

$0.07

+0.00%

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Frequently Asked Questions

Is indie Semiconductor, Inc. (INDI) halal to invest in?

indie Semiconductor, Inc. (INDI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did indie Semiconductor, Inc. get a F compliance rating?

indie Semiconductor, Inc. (INDI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 53.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change indie Semiconductor, Inc.'s Shariah verdict?

indie Semiconductor, 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 indie Semiconductor, Inc. re-screened for Shariah compliance?

indie Semiconductor, Inc. (INDI) 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: Sep 1, 2026.

Screened according to AAOIFI Standard No. 21 · 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.