Is Orthofix Medical, Inc. OFIX stock halal to invest in?

No, as of August 2026, Orthofix Medical, Inc. stock (OFIX) 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. Orthofix Medical, Inc. currently does not meet the threshold for the interest-bearing debt screen. 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 Orthofix Medical, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Orthofix Medical, Inc. OFIX reviewed for Shariah compliance?

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 Monthly screening ensures the status shown for Orthofix Medical, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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

Yes, as of August 2026, Orthofix Medical, Inc. stock (OFIX) passes 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. Orthofix Medical, Inc.'s income from non-permissible sources is currently within this 5% threshold. 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 Orthofix Medical, Inc. OFIX pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Orthofix Medical, Inc. stock (OFIX) 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). Orthofix Medical, 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 Orthofix Medical, Inc. OFIX pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Orthofix Medical, Inc. stock (OFIX) 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. Orthofix Medical, 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 Orthofix Medical, Inc. OFIX stock?

Orthofix Medical, Inc. (OFIX) 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 Orthofix Medical, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Orthofix Medical, Inc. OFIX pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Orthofix Medical, Inc. stock (OFIX) 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. Orthofix Medical, 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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Orthofix Medical, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

OFIX

About

Orthofix Medical, Inc.

OFIX

Orthofix Medical Inc. is a global medical device company that specializes in the development, manufacture, and distribution of reconstructive and regenerative orthopedic and spine solutions. The primary function of Orthofix Medical is to provide innovative technologies that enhance the treatment of patients with a variety of musculoskeletal conditions. Its product offerings include spine fixation, regenerative biologics, bone growth stimulation, and orthopedic solutions, catering to practitioners and health providers working within the fields of orthopedics and spine surgery. The company's impact spans across several sectors within the healthcare industry, particularly in enhancing patient recovery and improving surgical outcomes. Headquartered in Lewisville, Texas, Orthofix Medical holds a significant role in the market by continuously advancing medical technologies and contributing to the growing field of orthopedic and spine care. The firm's commitment to research and development ensures a pipeline of solutions that meet the evolving needs of clinicians and patients worldwide, reinforcing its importance in advancing health outcomes through innovative medical devices.

Sector:

Healthcare

Industry:

Medical Devices

Employees:

1616

Website:

https://orthofix.com

OFIX

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Orthofix Medical, Inc.

About

Orthofix Medical, Inc.

OFIX

Frequently asked questions

Is Orthofix Medical, Inc. OFIX stock halal to invest in?

How often is Orthofix Medical, Inc. OFIX reviewed for Shariah compliance?

Does Orthofix Medical, Inc. OFIX pass the AAOIFI Non Permissible Income criteria?

Does Orthofix Medical, Inc. OFIX pass the AAOIFI Interest Bearing Investments criteria?

Does Orthofix Medical, Inc. OFIX pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Orthofix Medical, Inc. OFIX stock?

Does Orthofix Medical, Inc. OFIX pass the AAOIFI Preference Share screen?

Can I buy Orthofix Medical (OFIX) stock on Tabadulat?

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