Is IRADIMED CORP (IRMD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 4.2% / 30% | 0.8% / 30% | N/A | ✓ HALAL |
| DJIM | 0.0% / 33% | 4.2% / 33% | 0.8% / 33% | N/A | ✓ HALAL |
| MSCI | 0.2% / 33% | 53.1% / 33% | 10.7% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 4.2% / 33% | 0.8% / 33% | N/A | ✓ HALAL |
| FTSE | 0.2% / 33% | 53.1% / 33% | 10.7% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 76.7% | |
| Operating Margin | 31.3% | |
| Net Margin | 26.8% | |
| Return on Equity (ROE) | 24.8% | |
| Return on Assets (ROA) | 15.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $25M |
| Free Cash Flow | $17M |
| Total Debt | $0 |
| Current Ratio | 8.0 |
| Total Assets | $109M |
Price & Trading
| Last Close | $98.74 |
| 50-Day MA | $100.42 |
| 200-Day MA | $82.18 |
| Avg Volume | 72K |
| Beta | 1.1 |
|
52-Week Range
$47.48
| |
About IRADIMED CORP (IRMD)
IRADIMED CORPORATION develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible intravenous infusion pump systems and MRI compatible patient vital signs monitoring systems and related accessories. The company offers MRidium 3870 and 3860+ MRI Compatible IV Infusion Pump System with associated disposable IV tubing sets; 3880 MRI compatible patient vital signs monitoring system; and 3600 FMD1 with remote alarm logging unit ferromagnetic detection device. It 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. The company serves hospitals, acute care facilities, and outpatient imaging centers. It sells its products through direct field sales representatives, regional sales directors, clinical application specialists, and independent distributors in the United States and internationally. The company was incorporated in 1992 and is headquartered in Orlando, Florida.
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Frequently Asked Questions
Is IRADIMED CORP (IRMD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), IRADIMED CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is IRADIMED CORP's debt ratio?
IRADIMED CORP's debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.2%.
What are IRADIMED CORP's key financial metrics?
IRADIMED CORP has a market capitalization of $1.2B, trailing P/E ratio of 55.6, and revenue of $84M. The company maintains a gross margin of 76.7% and a net margin of 26.8%. Return on equity stands at 24.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.