No. As of September 2026, Avinger Inc (AVGR) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Avinger Inc does not pass Musaffa's business and financial screening criteria.
Avinger, Inc., a medical device company, engages in developing catheter-based technologies for treating vascular diseases. The company is headquartered in Redwood City, California and currently employs 68 full-time employees. The firm designs, manufactures, and sells real-time, image-guided, minimally invasive catheter-based systems that are used by physicians to treat patients with peripheral artery disease (PAD). Its Lumivascular platform includes the Lightbox real-time imaging console, the Ocelot and Tigereye family of catheters, which are image-guided catheters designed to allow physicians to penetrate a total blockage in an artery, known as a chronic total occlusion (CTO), and the Pantheris family of catheters, its image-guided atherectomy family of catheters designed to allow physicians to remove arterial plaque in PAD patients. Its Pantheris is a single-use product and provides physicians with the ability to see a cross-sectional view of the peripheral artery to guide the removal of blockages throughout the procedure. The company has also developed a line extension of its Pantheris image-guided atherectomy platform, Pantheris Small Vessel (SV).
Avinger Inc AVGR
$0.47
Last Updated: Mar 24, 12:00 AM·BE
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AVGR Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Avinger Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Avinger Inc (AVGR)
As of September 2026, Avinger Inc AVGR is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Avinger Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Avinger Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Avinger Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Avinger Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Avinger Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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