Is IR-Med, Inc. (IRME) Halal?

NYSE Healthcare Israel $560,031
✗ NOT HALAL
Confidence: 90/100
IR-Med, Inc. (IRME) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 143.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. IR-Med, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 143.0%
/ 30%
117.5%
/ 30%
49.2%
/ 30%
N/A ✗ NOT HALAL
DJIM 143.0%
/ 33%
117.5%
/ 33%
49.2%
/ 33%
N/A ✗ NOT HALAL
MSCI 62.5%
/ 33%
51.4%
/ 33%
21.5%
/ 33%
N/A ✗ NOT HALAL
S&P 143.0%
/ 33%
117.5%
/ 33%
49.2%
/ 33%
N/A ✗ NOT HALAL
FTSE 62.5%
/ 33%
51.4%
/ 33%
21.5%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-0.03
P/B Ratio
-0.6
EV/EBITDA
-0.4
EV: $580,918
Revenue
$0
Beta
2.8
High volatility
Current Ratio
0.1

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Assets (ROA) -172.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$1M
Free Cash Flow-$1M
Total Debt$157,000
Current Ratio0.1
Total Assets$251,000

Price & Trading

Last Close$0.01
50-Day MA$0.00
200-Day MA$0.03
Avg Volume9K
Beta2.8
52-Week Range
$0.00
$0.48

About IR-Med, Inc. (IRME)

CEO
Mr. Oded Bashan
Employees
3
Sector
Healthcare
Industry
Medical Devices
Country
Israel
Exchange
NYSE
Market Cap
$560,031
Currency
USD

IR-Med Inc., a medical device company, engages in the development of non-invasive devices for various medical indications. The company's development products pipeline consists of PressureSafe, a handheld skin-agnostic optical monitoring device that supports early detection of pressure injuries to the skin and underlying tissue primarily caused by prolonged pressure associated with bed confinement; DiaSafe, a handheld optical monitoring device, which supports early detection of diabetic foot ulcers in lower limb skin and underlying tissue caused by prolonged pressure on the sole of diabetic patients; and Nobiotics, an otoscope to support physicians with an immediate indication as to whether mid-ear, a common malady in children. IR-Med Inc. is headquartered in Rosh Pinna, Israel.

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is IR-Med, Inc. (IRME) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), IR-Med, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is IR-Med, Inc.'s debt ratio?

IR-Med, Inc.'s debt ratio is 143.0% 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 62.5%.

What are IR-Med, Inc.'s key financial metrics?

IR-Med, Inc. has a market capitalization of $560,031.

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.