Is Heartbeam Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Heartbeam Inc (BEAT) is currently classified as NOT HALAL as of March 2026. 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 Heartbeam 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 Heartbeam Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Heartbeam Inc?

Muslim investors may consider investing in Heartbeam 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 Heartbeam Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Heartbeam 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 Heartbeam Inc updated?

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

Can a halal stock like Heartbeam 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 Heartbeam Inc?

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

BEAT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 14, 2026

Report Source: 2025 Annual Report

Heartbeam Inc. Stock Analysis BEAT

United States Health Care Nano Cap Report: 2025 Annual

HeartBeam, Inc. is a development stage company, which engages in cardiovascular diagnostic technology. The company is headquartered in Santa Clara, California and currently employs 16 full-time employees. The company went IPO on 2021-10-14. The firm focuses on developing and commercializing higher resolution ambulatory Electrocardiogram (ECG) solutions that enable the detection and monitoring of cardiac disease both inside and outside a healthcare facility setting. The company is engaged in the development of higher resolution ECG solutions is achieved through the development of the Company’s proprietary and patented electrocardiography technology platform. The company is developing three-dimensional (3D) representations of cardiac electrical activity by displaying the spatial locations of ECG waveforms. The company is developing its own product, the HeartBeam System. The HeartBeam System comprises a credit card sized 12-lead output electrocardiogram device, a patient application, a physician portal, and powerful cloud-based algorithms. The core technology consists of a series of patented inventions that allow it to capture the heart’s electrical activity from three distinct directions.

Key Statistics of Heartbeam Inc (BEAT)

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

Today's Range

$0.96$1.02

Today's Open

$1.01

Volume

665.31K

P/E Ratio (TTM)

52 Week Range

$0.54$4.00

Market Cap

44.51M

Avg. Volume

1.62M

Dividend Yield

Financial Metrics & Statements of Heartbeam Inc (BEAT)

FAQ's for Heartbeam Inc (BEAT)

According to Musaffa’s Shariah screening methodology, Heartbeam Inc (BEAT) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.