Is IRadimed Corporation (IRMD) halal to invest in?

As of يونيو 2026, based on AAOIFI Shariah screening standards, IRadimed Corporation (IRMD) is currently rated as "Not Halal" with a compliance grade of F (Non-Compliant). The screening examines business activities (qualitative) and three financial ratios: debt-to-market-cap (0.0%), interest-bearing deposits to market cap (4.3%), and prohibited income (11.2%). Thresholds are 30%, 30%, and 5% respectively. Screen IRMD and 10,000+ stocks free at HalalScreener.app.

What is IRadimed Corporation's Shariah compliance score?

IRadimed Corporation's (IRMD) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does IRadimed Corporation pass AAOIFI screening?

IRadimed Corporation (IRMD) 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% (IRMD: 0.0%), (3) interest-bearing deposits below 30% (IRMD: 4.3%), and (4) prohibited income below 5% (IRMD: 11.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for IRadimed Corporation stock?

IRadimed Corporation (IRMD) has a non-permissible income ratio of 11.24%. Muslim investors should purify this percentage of any dividends received and capital gains realized from IRMD shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen IRadimed Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for IRadimed Corporation (IRMD) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about IRMD's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

IRMD: Is IRadimed Corporation Halal?

Not Halal

IRadimed Corporation

NASDAQHealthcareUS

$93.07

-0.53%

About IRadimed Corporation

IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices, and related accessories and services in the United States and internationally. It offers MRidium MRI compatible intravenous (IV) infusion pump system with associated disposable IV tubing sets; and MRI compatible patient vital signs monitoring system. The company also provides non-magnetic IV poles, wireless remote displays/controls, side car pump modules, dose error reduction systems, and SpO2 monitoring with sensors and accessories. It serves hospitals, acute care facilities, and outpatient imaging centers. The company sells its products through direct field sales representatives, regional sales directors, clinical support representatives, and independent distributors. IRADIMED CORPORATION was incorporated in 1992 and is headquartered in Winter Springs, Florida.

Sector: Healthcare · Industry: Medical - Devices

Shariah Compliance Status

معيار أيوفي 21تحديث ٦ يونيو ٢٠٢٦

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.0% / 30.0%

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above

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

Screened: Jun 6, 2026Fiscal: Q1 2026Source: FMP

Financial Overview

Market Cap

1.2B

Price

$93.07

Sector

Healthcare

Industry

Medical - Devices

Halal Alternatives in Healthcare

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

0001.KLA+

Supercomnet Technologies Bhd

$0.50

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0002.KLA+

Kotra Industries Bhd

$3.76

+0.00%

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LYC Healthcare Bhd

$0.01

+0.00%

0101.KLA+

TMC Life Sciences Bhd

$0.44

-0.01%

0155.KLA+

Malaysian Genomics Resource Centre Bhd

$0.28

+0.02%

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الأسئلة الشائعة

هل IRadimed Corporation (IRMD) حلال للاستثمار؟

IRadimed Corporation (IRMD) 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.

لماذا حصل IRadimed Corporation على تقييم توافق F؟

IRadimed Corporation (IRMD) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 4.3% (limit 30%); prohibited income of 11.24% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

ما الذي قد يغير حكم IRadimed Corporation الشرعي؟

IRadimed Corporation'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.

كم مرة يُعاد فحص IRadimed Corporation للتوافق الشرعي؟

IRadimed Corporation (IRMD) 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 6, 2026.

مفحوص وفق معيار أيوفي رقم 21 · لأغراض إعلامية فقط. استشر مستشاراً مالياً إسلامياً مؤهلاً قبل الاستثمار.

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.