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Halal stocks in the Medical devices sector

Halal Bourse has analyzed 159 companies in this sector, based on their latest annual report.

• 31 permitted (19.5%): under the median view thresholds, with purification.
• 90 questionable (56.6%): admitted by a more lenient view only, or one criterion remains to be verified.
• 38 prohibited (23.9%): impermissible activity, or thresholds exceeded under all standards.

The companies

• INTUITIVE SURGICAL INC (ISRG) Questionable
• Medtronic plc (MDT) Questionable
• STRYKER CORP (SYK) Questionable
• 3M CO (MMM) Permitted
• BOSTON SCIENTIFIC CORP (BSX) Questionable
• Edwards Lifesciences Corp (EW) Permitted
• BECTON DICKINSON & CO (BDX) Permitted
• Medline Inc. (MDLN) Questionable
• DEXCOM INC (DXCM) Permitted
• RESMED INC (RMD) Questionable
• GE HealthCare Technologies Inc. (GEHC) Questionable
• WEST PHARMACEUTICAL SERVICES INC (WST) Permitted
• STERIS plc (STE) Questionable
• ZIMMER BIOMET HOLDINGS, INC. (ZBH) Questionable
• Solventum Corp (SOLV) Prohibited
• BAXTER INTERNATIONAL INC (BAX) Prohibited
• COOPER COMPANIES, INC. (COO) Questionable
• ALIGN TECHNOLOGY INC (ALGN) Permitted
• GLOBUS MEDICAL INC (GMED) Questionable
• INSULET CORP (PODD) Permitted
• MSA Safety Inc (MSA) Permitted
• Bausch & Lomb Corp (BLCO) Prohibited
• TELEFLEX INC (TFX) Prohibited
• MERIT MEDICAL SYSTEMS INC (MMSI) Permitted
• HAEMONETICS CORP (HAE) Prohibited
• Integer Holdings Corp (ITGR) Questionable
• LivaNova PLC (LIVN) Permitted
• ICU MEDICAL INC/DE (ICUI) Questionable
• Envista Holdings Corp (NVST) Questionable
• iRhythm Holdings, Inc. (IRTC) Permitted
• PULSE BIOSCIENCES, INC. (PLSE) Questionable
• AtriCure, Inc. (ATRC) Permitted
• TransMedics Group, Inc. (TMDX) Questionable
• UFP TECHNOLOGIES INC (UFPT) Questionable
• Axogen, Inc. (AXGN) Permitted
• ESTABLISHMENT LABS HOLDINGS INC. (ESTA) Permitted
• BIOLIFE SOLUTIONS INC (BLFS) Questionable
• LEMAITRE VASCULAR INC (LMAT) Prohibited
• NovoCure Ltd (NVCR) Permitted
• DENTSPLY SIRONA Inc. (XRAY) Prohibited
• KESTRA MEDICAL TECHNOLOGIES, LTD. (KMTS) Prohibited
• Alphatec Holdings, Inc. (ATEC) Prohibited
• CONMED Corp (CNMD) Prohibited
• National Vision Holdings, Inc. (EYE) Questionable
• TANDEM DIABETES CARE INC (TNDM) Questionable
• STAAR SURGICAL CO (STAA) Questionable
• Cadre Holdings, Inc. (CDRE) Prohibited
• IRADIMED CORP (IRMD) Permitted
• ARTIVION, INC. (AORT) Permitted
• INTEGRA LIFESCIENCES HOLDINGS CORP (IART) Questionable
• Enovis CORP (ENOV) Prohibited
• Beta Bionics, Inc. (BBNX) Prohibited
• PROCEPT BioRobotics Corp (PRCT) Permitted
• Bioventus Inc. (BVS) Prohibited
• Ceribell, Inc. (CBLL) Questionable
• SI-BONE, Inc. (SIBN) Permitted
• MIMEDX GROUP, INC. (MDXG) Permitted
• ANGIODYNAMICS INC (ANGO) Questionable
• ORTHOPEDIATRICS CORP (KIDS) Questionable
• SS Innovations International, Inc. (SSII) Permitted
• TACTILE SYSTEMS TECHNOLOGY INC (TCMD) Questionable
• Sight Sciences, Inc. (SGHT) Prohibited
• CERUS CORP (CERS) Prohibited
• NeuroPace Inc (NPCE) Permitted
• AVITA Medical, Inc. (RCEL) Prohibited
• Orthofix Medical Inc. (OFIX) Questionable
• Orchestra BioMed Holdings, Inc. (OBIO) Questionable
• ClearPoint Neuro, Inc. (CLPT) Permitted
• Sanara MedTech Inc. (SMTI) Prohibited
• Embecta Corp. (EMBC) Prohibited
• TREACE MEDICAL CONCEPTS, INC. (TMCI) Permitted
• ORASURE TECHNOLOGIES INC (OSUR) Prohibited
• TriSalus Life Sciences, Inc. (TLSI) Permitted
• InfuSystem Holdings, Inc (INFU) Questionable
• Anika Therapeutics, Inc. (ANIK) Questionable
• UTAH MEDICAL PRODUCTS INC (UTMD) Questionable
• Electromed, Inc. (ELMD) Questionable
• Profound Medical Corp. (PROF) Questionable
• PRO DEX INC (PDEX) Permitted
• EDAP TMS SA (FOCL) Questionable
• Neuronetics, Inc. (STIM) Prohibited
• Inogen Inc (INGN) Questionable
• Lucid Diagnostics Inc. (LUCD) Prohibited
• Stereotaxis, Inc. (STXS) Questionable
• Apyx Medical Corp (APYX) Prohibited
• LAKELAND INDUSTRIES INC (LAKE) Questionable
• Hyperfine, Inc. (HYPR) Prohibited
• electroCore, Inc. (ECOR) Questionable
• Neuraxis, INC (NRXS) Questionable
• LENSAR, Inc. (LNSR) Questionable
• SkinHealth Systems Inc. (SKIN) Prohibited
• Pulmonx Corp (LUNG) Prohibited
• Outset Medical, Inc. (OM) Questionable
• MYOMO, INC. (MYO) Questionable
• DarioHealth Corp. (DRIO) Questionable
• Medinotec Inc. (MDNC) Questionable
• POSITRON CORP (POSC) Questionable
• Spectral AI, Inc. (MDAI) Questionable
• ALPHA PRO TECH LTD (APT) Questionable
• TELA Bio, Inc. (TELA) Prohibited
• VASO Corp (VASO) Questionable
• Sensus Healthcare, Inc. (SRTS) Questionable
• PRECISION OPTICS CORPORATION, INC. (POCI) Questionable
• Xtant Medical Holdings, Inc. (XTNT) Questionable
• Harvard Apparatus Regenerative Technology, Inc. (HRGN) Permitted
• SANUWAVE Health, Inc. (SNWV) Questionable
• CVRx, Inc. (CVRX) Prohibited
• QT IMAGING HOLDINGS, INC. (QTI) Prohibited
• INTERPACE BIOSCIENCES, INC. (IDXG) Questionable
• ACCURAY INC (ARAY) Prohibited
• MILESTONE SCIENTIFIC INC. (MLSS) Questionable
• InspireMD, Inc. (NSPR) Questionable
• PetVivo Holdings, Inc. (PETV) Permitted
• FAMILY OFFICE OF AMERICA, INC. (FOFA) Questionable
• VIVOS INC (RDGL) Questionable
• GUIDED THERAPEUTICS INC (GTHP) Permitted
• SeaStar Medical Holding Corp (ICU) Prohibited
• RETRACTABLE TECHNOLOGIES INC (RVP) Questionable
• FEMASYS INC (FEMY) Questionable
• Lifeward Ltd. (LFWD) Questionable
• Sintx Technologies, Inc. (SINT) Prohibited
• Picard Medical, Inc. (PMI) Questionable
• Cytosorbents Corp (CTSO) Questionable
• IRIDEX CORP (IRIX) Questionable
• NEUROONE MEDICAL TECHNOLOGIES Corp (NMTC) Questionable
• OSR Health, Inc. (OSRH) Permitted
• Co-Diagnostics, Inc. (CODX) Prohibited
• Sonoma Pharmaceuticals, Inc. (SNOA) Questionable
• Flyte Aviation, Inc. (VJET) Questionable
• INTELLIGENT BIO SOLUTIONS INC. (INBS) Questionable
• QHSLab, Inc. (USAQ) Questionable
• ADM TRONICS UNLIMITED, INC. (ADMT) Permitted
• Vivos Therapeutics, Inc. (VVOS) Prohibited
• Beyond Air, Inc. (XAIR) Questionable
• Tenon Medical, Inc. (TNON) Questionable
• Nuwellis, Inc. (NUWE) Questionable
• VYCOR MEDICAL INC (VYCO) Questionable
• INVO Fertility, Inc. (IVF) Questionable
• NEXGEL, INC. (NXGL) Questionable
• BIOTRICITY INC. (BTCY) Prohibited
• Premier Air Charter Holdings Inc. (PREM) Questionable
• LogicMark, Inc. (LGMK) Questionable
• ALLURION TECHNOLOGIES, INC. (ALUR) Prohibited
• ENvue Medical, Inc. (FEED) Questionable
• EBR Systems, Inc. (NONE.) Prohibited
• Innovative Eyewear Inc (LUCYW) Questionable
• Hongchang International Co., Ltd (HCIL) Questionable
• ENCISION INC (ECIA) Questionable
• Sonendo, Inc. (SONX) Prohibited
• Getinge AB (publ) Questionable
• Koninklijke Philips N.V. Questionable
• BIOMERIEUX SA Questionable
• DIASORIN S.P.A. Questionable
• CellaVision AB Questionable
• Ion Beam Applications Questionable
• MATERIALISE Questionable
• PRIM, S.A. Questionable
• Revenio Group Oyj Questionable
• Optomed Oyj Questionable

General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology