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Is SeaStar Medical Holding Corp Stock Halal?
Shariah Compliance Analysis of ICU Stock
No. As of October 2026, SeaStar Medical Holding Corp (ICU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SeaStar Medical Holding Corp does not pass Musaffa's business and financial screening criteria.
Seastar Medical Holding Corp. operates as a holding company whose subsidiaries manufacture and supply medical devices. The company is headquartered in Denver, Colorado and currently employs 17 full-time employees. The company went IPO on 2021-01-26. The Company’s Selective Cytopheretic Device (SCD) is designed as a disease-modifying device that neutralizes over-active immune cells and stops the cytokine storm that yields destructive hyperinflammation and creates a cascade of events that wreak havoc in the patient’s body. The company has broad potential applications for patients suffering from both acute and chronic kidney disease as well as cardiovascular and other serious inflammatory diseases. Its SCD therapy is an extracorporeal synthetic membrane device designed to bind activated leukocytes (neutrophils and monocytes) when integrated into an existing continuous renal replacement therapy (CRRT) circuit in conjunction with the use of regional citrate anticoagulation (RCA).
ICU Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, SeaStar Medical Holding Corp is classified as not halal.
NOT HALALSeaStar Medical Holding Corp (ICU) Chart
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Financial Metrics & Statements of SeaStar Medical Holding Corp (ICU)
FAQ's for SeaStar Medical Holding Corp (ICU)
- As of October 2026, SeaStar Medical Holding Corp ICU 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 SeaStar Medical Holding Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in SeaStar Medical Holding 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.
- Musaffa determines the Shariah status of SeaStar Medical Holding Corp 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 SeaStar Medical Holding Corp 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 SeaStar Medical Holding Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for SeaStar Medical Holding Corp (ICU)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.