
NMTC: Is NeuroOne Medical Technologies Corporation Halal?
NeuroOne Medical Technologies Corporation
$2.16
+0.93%
Market Cap: 18.8M
Compliance Status
Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Excellent
Is NeuroOne Medical Technologies Corporation (NMTC) halal? Halal. Based on AAOIFI screening, NeuroOne Medical Technologies Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 90/100 (Grade: A+).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own NMTC
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened NMTC's prohibited income, but the exact share you would need to purify is part of Pro.
About NeuroOne Medical Technologies Corporation
NeuroOne Medical Technologies Corporation functions as a specialized medical technology enterprise. Its core mission involves the invention and market deployment of sophisticated thin-film electrode systems. These systems are crafted for diverse neurophysiological applications, such as the continuous recording of electroencephalograms (cEEG) and stereoelectroencephalograms (sEEG), as well as therapeutic interventions including spinal cord stimulation, brain stimulation, and ablation procedures. The technology aims to assist individuals afflicted by conditions like epilepsy, Parkinson's disease, dystonia, essential tremors, persistent pain arising from unsuccessful back surgeries, and a variety of other neurological disorders. Furthermore, the company has forged a crucial partnership with RBC Medical Innovations to engineer a radio frequency ablation generator. This generator is designed to integrate seamlessly with NeuroOne's unique dual-function electrode, allowing for both the precise monitoring of brain electrical activity and the targeted ablation of brain tissue using a singular instrument. The corporate headquarters are situated in Eden Prairie, Minnesota.
Sector: Healthcare · Industry: Medical - Devices
Shariah Compliance Status
Compliance History
Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
More Healthcare Stocks
Track NMTC and 6,200+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is NeuroOne Medical Technologies Corporation (NMTC) halal to invest in?
Why did NeuroOne Medical Technologies Corporation get a A+ compliance rating?
What could change NeuroOne Medical Technologies Corporation's Shariah verdict?
How often is NeuroOne Medical Technologies Corporation re-screened for Shariah compliance?
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.