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Is SLSN (Solesence, Inc. Common Stock) Halal or Haram?

NASDAQ Global SelectConsumer DefensiveHousehold & Personal Products$100.4M2026-04-27
SLSN is Halal4/4 screens passed

Solesence easily clears all AAOIFI shariah screens, making it a fully compliant investment. The company carries a manageable debt load at 24.2% of its market cap, well below the 33% limit, and generates zero interest income. Its minimal cash reserves of 1.3% further ensure it operates cleanly within Islamic finance guidelines.

Price Chart (5D)

$1.25-0.08 (-6.37%)
2026-06-092026-06-02

SLSN — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-06-091.211.261.151.2241K+0.83%
2026-06-081.281.351.201.2025K-6.25%
2026-06-051.321.371.281.3122K-0.76%
2026-06-041.271.371.201.3518K+6.30%
2026-06-031.361.361.241.2530K-8.09%
2026-06-021.281.401.281.3928K+8.59%
2026-06-011.211.321.181.3042K+7.44%

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Shariah Screening Details for SLSN

Business Activity

Permissible

Solesence passes the business activity screen as its core operations of developing and manufacturing clean, mineral-based skincare and makeup products are entirely permissible under Islamic principles.

Debt / Market Cap

24.23%

Debt: $24.3MThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

1.28%

Cash: $1.3MThreshold: ≤33%

About Solesence, Inc. Common Stock (SLSN)

Solesence, Inc. operates in the household and personal products sector, specializing in clean, mineral-based skincare and makeup. Utilizing its proprietary Active Stress Defense technology, the company partners with global beauty brands to manufacture environmentally protective cosmetics.

For Muslim investors, SLSN represents a fully Halal investment opportunity, passing all four AAOIFI screening criteria. The company's core business of manufacturing skincare products avoids any haram industries, allowing investors to participate in the consumer defensive sector with peace of mind.

From an Islamic finance perspective, Solesence maintains a very clean balance sheet. Its debt-to-market cap ratio sits comfortably at 24.2%, and it generates absolutely zero interest income, meaning investors do not need to worry about purifying their returns from interest-bearing activities.

Moving forward, halal investors should simply monitor the company's debt levels during market fluctuations to ensure the debt-to-market cap ratio remains below the critical 33% AAOIFI threshold.

CEO

Kevin Cureton

Employees

98

IPO Date

2025-04-08

Headquarters

Romeoville, IL, US

SLSN Key Financial Statistics

Revenue

$62.1M

Net Income

$1.8M

EPS (Diluted)

$0.02

Stock Price

1.42

Beta

1.17

52-Week Range

0.78-5.63

Total Debt

$24.3M

Total Equity

$17.6M

Current Ratio

2.07

SLSN Financial Health & Profitability

Profit Margins

Gross Margin25.9%
Operating Margin2.5%
Net Margin2.9%

Revenue Growth (YoY)

+18.6%

Prior year: $52.3M

Net Debt

$23.0M

Cash: $1.3M — Debt: $24.3M

R&D Spending

$4.1M

% of Revenue

6.6%

Frequently Asked Questions About SLSN

Is SLSN (Solesence, Inc. Common Stock) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, SLSN is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (24.23% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (1.28% vs ≤33% threshold).
What does Solesence, Inc. Common Stock do?
Solesence, Inc. operates in the household and personal products sector, specializing in clean, mineral-based skincare and makeup. Utilizing its proprietary Active Stress Defense technology, the company partners with global beauty brands to manufacture environmentally protective cosmetics. For Muslim investors, SLSN represents a fully Halal investment opportunity, passing all four AAOIFI screening criteria. The company's core business of manufacturing skincare products avoids any haram industries, allowing investors to participate in the consumer defensive sector with peace of mind. From an Islamic finance perspective, Solesence maintains a very clean balance sheet. Its debt-to-market cap ratio sits comfortably at 24.2%, and it generates absolutely zero interest income, meaning investors do not need to worry about purifying their returns from interest-bearing activities. Moving forward, halal investors should simply monitor the company's debt levels during market fluctuations to ensure the debt-to-market cap ratio remains below the critical 33% AAOIFI threshold. Solesence, Inc. Common Stock operates in the Consumer Defensive sector under the Household & Personal Products industry and is headquartered in Romeoville, IL, US. The company is led by CEO Kevin Cureton and employs approximately 98 people.
What screening criteria were used for SLSN?
SLSN was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. SLSN passed 4 of these 4 screens.
Does SLSN require income purification?
SLSN has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.
When was SLSN last screened?
SLSN was last screened on 2026-04-27. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.

Disclaimer

This shariah compliance assessment for SLSN (Solesence, Inc. Common Stock) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-04-27.

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