
Is Hyperfine (HYPR) stock Halal?
September 2026 AAOIFI screening result for Hyperfine, Inc. (HYPR): non-permissible income, fail. Interest-bearing investments, fail. Interest-bearing debt, pass. Preference shares, pass. Hyperfine, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Hyperfine develops portable, low-cost magnetic resonance imaging (MRI) systems known for their accessibility and transformative potential in healthcare. Hyperfine's flagship product, the Swoop Portable MRI, is designed to significantly enhance patient care by enabling real-time, bedside imaging, thus extending MRI capabilities beyond traditional clinical settings. This innovation is particularly impactful in emergency rooms, intensive care units, and remote locations where access to conventional MRI facilities may be limited or non-existent. Before any of that matters to a Muslim investor, one question comes first: is Hyperfine stock Halal?
Is Hyperfine Shariah compliant?
Healthcare rarely troubles the activity screen; treating illness is permissible work. For Hyperfine, the AAOIFI Shariah Standard No. 21 verdict turns on the balance sheet instead: research is capital hungry, and interest bearing debt and investments must each stay below 30% of market capitalisation.
Does Hyperfine pass the business activity test?
The activity screen is only part of the picture this month: Hyperfine currently fails the non-permissible income and interest-bearing investments screens, so the overall verdict is not compliant regardless of the business itself. Treating illness is permissible work; the scrutiny belongs to the financing behind it.
Is Hyperfine's income Halal?
No. Hyperfine's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Hyperfine meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read What is Halal Investing? A Guide to Halal Stocks and Islamic Finance



