Is Electromed, Inc. ELMD stock halal to invest in?

Yes, Electromed, Inc. stock (ELMD) is considered Shariah compliant as of February 2026. This status is confirmed by a rigorous financial screening against international Islamic finance criteria, specifically citing the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as the authority and primary standard for determining Shariah compliance. Electromed, Inc. is assessed to meet the necessary business and financial benchmarks for a halal investment.

How often is Electromed, Inc. ELMD reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Electromed, Inc. ELMD monthly. We apply the rigorous AAOIFI screening methodology under the direct supervision of our dedicated Shariah Supervisory Board to ensure your investments are consistently compliant.

Does Electromed, Inc. ELMD pass the AAOIFI Non Permissible Income criteria?

Yes, as of February 2026, Electromed, Inc. stock (ELMD) passes the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources, such as interest, is below the acceptable threshold set by AAOIFI.

Does Electromed, Inc. ELMD pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, Electromed, Inc. stock (ELMD) passes the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments are below the acceptable threshold set by AAOIFI.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of February 2026, Electromed, Inc. stock (ELMD) passes the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt is below the acceptable threshold set by AAOIFI.

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Electromed, Inc.

NYSE

Shariah-Compliant

Not Shariah

ELMD

About

Electromed, Inc.

ELMD

Electromed Inc. is a leading manufacturer and distributor of medical devices, primarily focusing on respiratory therapy solutions. The company is renowned for its development of innovative airway clearance products, particularly the SmartVest Airway Clearance System, which assists patients with impaired breathing due to conditions like cystic fibrosis, bronchiectasis, and neuromuscular disorders. Electromed Inc. operates mainly within the healthcare sector, providing advanced solutions that improve patient outcomes and enhance quality of life for individuals with chronic respiratory conditions. The company's commitment to research and development helps it maintain a competitive edge, ensuring its products are at the forefront of medical technology. Electromed Inc.'s significant role in the market is underscored by its focus on expanding accessibility to its medical devices, through strategic partnerships and health care provider networks, thereby reinforcing its presence and influence in the respiratory care segment.

Sector:

Healthcare

Industry:

Medical Devices

Employees:

177

Website:

https://smartvest.com

ELMD

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Electromed, Inc.

About

Electromed, Inc.

ELMD

Frequently asked questions

Is Electromed, Inc. ELMD stock halal to invest in?

How often is Electromed, Inc. ELMD reviewed for Shariah compliance?

Does Electromed, Inc. ELMD pass the AAOIFI Non Permissible Income criteria?

Does Electromed, Inc. ELMD pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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