Is CryoPort, Inc. CYRX stock halal to invest in?

No, as of August 2026, CryoPort, Inc. stock (CYRX) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. CryoPort, Inc. currently does not meet the threshold for the non-permissible income, interest-bearing investments and interest-bearing debt screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of CryoPort, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is CryoPort, Inc. CYRX reviewed for Shariah compliance?

Tabadulat reviews CryoPort, Inc. CYRX 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 Monthly screening ensures the status shown for CryoPort, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 CryoPort, Inc. CYRX pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, CryoPort, Inc. stock (CYRX) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. CryoPort, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does CryoPort, Inc. CYRX pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, CryoPort, Inc. stock (CYRX) does not pass 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. CryoPort, Inc.'s interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does CryoPort, Inc. CYRX pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, CryoPort, Inc. stock (CYRX) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. CryoPort, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for CryoPort, Inc. CYRX stock?

CryoPort, Inc. (CYRX) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If CryoPort, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does CryoPort, Inc. CYRX pass the AAOIFI Preference Share screen?

Yes, as of August 2026, CryoPort, Inc. stock (CYRX) 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. CryoPort, 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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CryoPort, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

CYRX

About

CryoPort, Inc.

CYRX

Cryoport Inc. is a global provider specializing in temperature-controlled logistics solutions for the life sciences industry. Its primary function is to ensure safe and efficient transportation of temperature-sensitive materials, including biological samples, pharmaceuticals, and other life sciences products. Notable for its comprehensive solutions, Cryoport offers a range of services including cryogenic transportation, monitoring, and logistics management, which are vital for maintaining product integrity and regulatory compliance. The company's offerings significantly impact sectors such as biotechnology, pharmaceuticals, and medical research, where precision and reliability are crucial. Cryoport's logistic services support the entire lifecycle of biopharmaceuticals, from research and development to clinical trials and commercialization. Cryoport's role in the financial market is underscored by its contribution to sustaining critical supply chains in the rapidly growing life sciences sector, making it a cornerstone for companies that rely on precise and secure logistics for their valuable materials. Headquartered in Nashville, Tennessee, Cryoport's innovation and commitment to quality make it a key player in enhancing the global capabilities of temperature-controlled logistic solutions for sensitive biological materials.

Sector:

Industrials

Industry:

Integrated Freight & Logistics

Employees:

1090

Website:

https://www.cryoportinc.com

CYRX

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CryoPort, Inc.

About

CryoPort, Inc.

CYRX

Frequently asked questions

Is CryoPort, Inc. CYRX stock halal to invest in?

How often is CryoPort, Inc. CYRX reviewed for Shariah compliance?

Does CryoPort, Inc. CYRX pass the AAOIFI Non Permissible Income criteria?

Does CryoPort, Inc. CYRX pass the AAOIFI Interest Bearing Investments criteria?

Does CryoPort, Inc. CYRX pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for CryoPort, Inc. CYRX stock?

Does CryoPort, Inc. CYRX pass the AAOIFI Preference Share screen?

Can I buy CryoPort (CYRX) stock on Tabadulat?

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