Tactile Systems Technology, Inc.

TCMD: Is Tactile Systems Technology, Inc. Halal?

Tactile Systems Technology, Inc.

NASDAQHealthcareUS

$30.28

+8.14%

Market Cap: 683.0M

Compliance Status

Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

A

Very Good

82Score

Is Tactile Systems Technology, Inc. (TCMD) halal? Halal. Based on AAOIFI screening, Tactile Systems Technology, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

0.0% of 30.0% limit

What this means for you

You can own TCMD

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 1.5% of your income from TCMD

That is about $1.50 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Tactile Systems Technology, Inc.

Tactile Systems Technology, Inc. is a medical technology firm that develops and supplies specialized devices to treat chronic health conditions across the United States. Its product portfolio features the Flexitouch Plus system, a pneumatic compression device designed for managing lymphedema. The company also offers the Entre system, a portable pneumatic compression solution for at-home treatment of various venous disorders, including lymphedema, chronic venous insufficiency, and venous leg ulcers. Additionally, Tactile Systems provides the AffloVest, a portable high-frequency chest wall oscillation device used to address retained pulmonary secretions associated with conditions such as bronchiectasis, cystic fibrosis, and certain neuromuscular disorders. Established in 1995, the company maintains its headquarters in Minneapolis, Minnesota.

Sector: Healthcare · Industry: Medical - Devices

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Tactile Systems Technology, Inc. (TCMD) halal to invest in?
Based on AAOIFI Standard 21 screening, Tactile Systems Technology, Inc. (TCMD) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Tactile Systems Technology, Inc. get a A compliance rating?
Tactile Systems Technology, Inc. (TCMD) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 12.9% (limit 30%); prohibited income of 1.46% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Tactile Systems Technology, Inc.'s Shariah verdict?
Tactile Systems Technology, 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 Tactile Systems Technology, Inc. re-screened for Shariah compliance?
Tactile Systems Technology, Inc. (TCMD) 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: Jul 20, 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.