No. As of September 2026, Monogram Technologies Inc (MGRM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Monogram Technologies Inc does not pass Musaffa's business and financial screening criteria.
Monogram Technologies, Inc. is a medical technology company, which intends to produce and market robotic surgical equipment and related software, orthopedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation necessary for reconstructive joint replacement procedures. The company is headquartered in Brooklyn, New York and currently employs 27 full-time employees. The company went IPO on 2023-05-18. The firm is developing a product solution architecture to enable patient-optimized orthopedic implants at scale by combining 3D printing, advanced machine vision, AI and robotics. The firm's mBos precision robotic surgical system is designed to autonomously execute optimized paths for high-precision insertion of its FDA-cleared mPress press-fit implants. The firm intends to produce and market robotic surgical equipment and related software, orthopedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation necessary for reconstructive joint replacement procedures. The company is also exploring other clinical and commercial applications for mBos with mVision navigation. Its mVision technology leverages AI-trained algorithms to track pre-identified objects in real-time.
Monogram Technologies Inc MGRM
$6.00 $0.11 (1.80%) 1D
Last Updated: Oct 06, 12:00 AM·XFRA
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MGRM Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Monogram Technologies Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Monogram Technologies Inc (MGRM)
As of September 2026, Monogram Technologies Inc MGRM 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 Monogram Technologies Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Monogram Technologies 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 Monogram Technologies 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 Monogram Technologies 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 Monogram Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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