Is IMAC Holdings Inc halal to invest in?

According to Musaffa's Shariah screening methodology, IMAC Holdings Inc (BACK) is currently classified as NOT HALAL as of August 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is IMAC Holdings Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes IMAC Holdings Inc using these criteria to determine its compliance status.

Can Muslims buy shares of IMAC Holdings Inc?

Muslim investors may consider investing in IMAC Holdings 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.

Why is IMAC Holdings Inc classified as NOT HALAL?

Musaffa determines the Shariah status of IMAC Holdings Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for IMAC Holdings Inc updated?

The Shariah compliance status of IMAC Holdings Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like IMAC Holdings Inc become non-compliant?

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.

Where can I check the Shariah status of IMAC Holdings Inc?

You can check the latest Shariah compliance status of IMAC Holdings Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

BACK Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 02, 2025

Report Source: 2025 1st Quarter Report

Analyst's Ratings for IMAC Holdings Inc (BACK)

Based on 7 analysts giving stock ratings to IMAC Holdings Inc in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

IMAC Holdings Inc. Stock Analysis BACK

United States Health Care Nano Cap Report: Q1, 2025

IMAC Holdings, Inc. provides medical services through integrated medicine and chiropractic regeneration centers. The company is headquartered in Franklin, Tennessee and currently employs 15 full-time employees. The company went IPO on 2019-02-13. The Company, through its subsidiary, Ignite Proteomics LLC (Ignite Proteomics), leverages its multi-analyte proteomic assay to help oncologists pinpoint the effective targeted therapies for each patient. Its product is a patented Reverse Phase Protein Array (RPPA) technology platform, which can quantify protein signaling to support oncology clinical treatment decisions and biopharmaceutical drug development. Ignite Proteomics operates a CLIA-certified and CAP-accredited laboratory and offers single-gene tests by evaluating entire protein pathways in cancer cells. Its commercially available lab developed test (LDT), the Ignite RPPA Assay for Breast Cancer, is being utilized by oncologists across the United States to assist in making the targeted treatment plan for their patients with advanced breast cancer.

Key Statistics of IMAC Holdings Inc (BACK)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.14$0.20

Today's Open

$0.15

Volume

3000.00

P/E Ratio (TTM)

52 Week Range

$0.03$0.21

Market Cap

147.61K

Avg. Volume

41.53K

Dividend Yield

Financial Metrics & Statements of IMAC Holdings Inc (BACK)

FAQ's for IMAC Holdings Inc (BACK)

According to Musaffa’s Shariah screening methodology, IMAC Holdings Inc (BACK) is currently classified as NOT HALAL as of August 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.