Is KORU Medical Systems, Inc. KRMD stock Halal to invest in?

Yes, as of September 2026, KORU Medical Systems, Inc. stock (KRMD) is classified as a Shariah compliant stock. The verdict comes from AAOIFI Shariah Standard No. 21, the benchmark most Islamic scholars and institutions use to screen Halal stocks. KORU Medical Systems, Inc. clears each of the four screens this month: its non-permissible income stays inside the 5% ceiling, both interest-bearing debt and interest-bearing investments stay inside the 30% caps, and there are no impermissible preference shares. The stock's current purification factor is 99.51%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of KORU Medical Systems, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is KORU Medical Systems, Inc. KRMD reviewed for Shariah compliance?

Tabadulat reviews KORU Medical Systems, Inc. KRMD for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for KORU Medical Systems, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does KORU Medical Systems, Inc. KRMD pass the AAOIFI Non Permissible Income criteria?

Yes, as of September 2026, KORU Medical Systems, Inc. stock (KRMD) passes the AAOIFI non-permissible income screen. Each month Tabadulat measures KORU Medical Systems, Inc.'s income from impermissible sources, covering Riba, conventional financial services, alcohol, gambling and tobacco, against AAOIFI's 5% revenue ceiling. The latest screening puts the company inside the limit. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does KORU Medical Systems, Inc. KRMD pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of September 2026, KORU Medical Systems, Inc. stock (KRMD) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from Riba (interest). KORU Medical Systems, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does KORU Medical Systems, Inc. KRMD pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of September 2026, KORU Medical Systems, Inc. stock (KRMD) passes the AAOIFI interest-bearing debt screen. The debt screen caps Riba-based borrowing, meaning conventional bank loans, bonds and similar financing, at 30% of market capitalisation, limiting a shareholder's exposure to interest-based leverage. KORU Medical Systems, Inc. is inside that limit in the latest screening. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for KORU Medical Systems, Inc. KRMD stock?

As of September 2026, the dividend purification factor for KORU Medical Systems, Inc. (KRMD) is 99.51%. Purification (Tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure Halal investors use to work out that donation on KORU Medical Systems, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does KORU Medical Systems, Inc. KRMD pass the AAOIFI Preference Share screen?

Yes, as of September 2026, KORU Medical Systems, Inc. stock (KRMD) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. KORU Medical Systems, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Is KORU Medical Systems (KRMD) stock Halal?

NASDAQ

Shariah-Compliant

Not Shariah

Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. KORU Medical Systems, Inc. (KRMD) passes all four screens as of September 2026, with a dividend purification factor of 99.51%.

Sector:

Healthcare

Industry:

Medical Instruments & Supplies

Employees:

Website:

https://www.korumedical.com

Market cap:

$152M

P/E ratio:

Dividend yield:

52-week range:

$3.14 - $6.61

Data as of:

3 September 2026

Screening history:

September 2026: PASS

KORU Medical Systems is a medical technology company focused on the development and manufacturing of innovative drug delivery systems. Its primary function is to design and supply flexible infusion technologies that aim to enhance patient care and experience. The company is renowned for its Freedom syringe infusion system, a portable and user-friendly device that is often used for subcutaneous administration of biologics and other specialty drugs. For Muslim investors, though, the most pressing question is simpler: is KORU Medical Systems a Halal investment?

Is KORU Medical Systems Shariah compliant?

Medicines and medical devices are permissible, and healthcare companies like KORU Medical Systems usually clear the activity screen comfortably. What AAOIFI Shariah Standard No. 21 watches is the financing behind the pipeline: drug development is expensive, and the 30% interest bearing debt cap decides the verdict more often than the science does.

Does KORU Medical Systems pass the business activity test?

Yes. In the September 2026 screening KORU Medical Systems holds an overall PASS, which a stock only earns when its core business clears the activity screen. Treating illness is permissible work; the scrutiny belongs to the financing behind it.

Is KORU Medical Systems' income Halal?

Yes, within AAOIFI's tolerance. KORU Medical Systems' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.51% tells holders of KRMD what share of each dividend to keep and what remainder to donate to charity.

Does KORU Medical Systems meet AAOIFI's debt and investment ratio requirements?

Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has KRMD re-screened every month, and the result above always shows the latest verdict.

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

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