As of August 2026, LogicMark Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
LogicMark Inc. Stock Analysis LGMK
United States Health Care Nano Cap
LogicMark, Inc. provides technology products and services for healthcare applications that enable the Internet of Things (IoT). The company is headquartered in Louisville, Kentucky and currently employs 33 full-time employees. The company went IPO on 2013-08-02. Its devices provide people with the ability to receive care at home and age independently. Its PERS devices incorporate two-way voice communication technology directly in the medical alert pendant and provide life-saving technology. These PERS technologies are sold direct-to-consumer through its e-commerce Website, through dealers and distributors, as well as through the United States Veterans Health Administration (VHA). The company provides no monthly fee products, which only require a one-time purchase expense, instead of a contract with recurring monthly charges. Its no-monthly-fee products contact family, friends, or 911 directly, eliminating the recurring monthly fee from a monitoring center. Its PERS products include Guardian Alert 911 Plus, Freedom Alert Plus, Guardian Alert 911, Freedom Alert Mini, and more.
LogicMark Inc (LGMK) Chart
Financial Metrics & Statements of LogicMark Inc (LGMK)
FAQ's for LogicMark Inc (LGMK)
As of August 2026, LogicMark Inc LGMK 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 LogicMark Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in LogicMark 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 LogicMark 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 LogicMark 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 LogicMark Inc 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 LogicMark Inc (LGMK)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.