Is Fonar Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Fonar Corp (FONR) is currently classified as NOT HALAL as of February 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 Fonar Corp 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 Fonar Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Fonar Corp?

Muslim investors may consider investing in Fonar Corp 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 Fonar Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Fonar Corp 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 Fonar Corp updated?

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

Can a halal stock like Fonar Corp 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 Fonar Corp?

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

FONR Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 17, 2026

Report Source: 2026 2nd Quarter Report

Fonar Corp. Stock Analysis FONR

United States Health Care Micro Cap Report: Q2, 2026

FONAR Corp. engages in the design, manufacture, sale, and servicing of magnetic resonance imaging scanners. The company is headquartered in Melville, New York and currently employs 535 full-time employees. The firm conducts its business in two segments: medical equipment and physician management and diagnostic services. Its medical equipment segment is conducted directly through the Company. Its physician management and diagnostic services segment is conducted through its subsidiary, Health Management Corporation of America (HMCA). Its signature product is the FONAR UPRIGHT Multi-Position MRI (STAND-UP MRI). HMCA provides management services, administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, hiring, maintenance service, and clerical and other non-medical personnel to medical providers engaged in diagnostic imaging. HMCA owns and operates six diagnostic imaging facilities in Florida.

Key Statistics of Fonar Corp (FONR)

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

Today's Range

$18.86$18.87

Today's Open

$18.86

Volume

32.05K

P/E Ratio (TTM)

14.21

52 Week Range

$12.63$18.95

Market Cap

118.68M

Avg. Volume

50.28K

Dividend Yield

Financial Metrics & Statements of Fonar Corp (FONR)

FAQ's for Fonar Corp (FONR)

According to Musaffa’s Shariah screening methodology, Fonar Corp (FONR) is currently classified as NOT HALAL as of February 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.