Is Picard Medical Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Picard Medical Inc (PMI) is currently classified as NOT HALAL as of April 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 Picard Medical 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 Picard Medical Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Picard Medical Inc?

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

Musaffa determines the Shariah status of Picard Medical 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 Picard Medical Inc updated?

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

Can a halal stock like Picard Medical 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 Picard Medical Inc?

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

PMI Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 07, 2026

Report Source: 2025 Annual Report

Picard Medical Inc. Stock Analysis PMI

United States Health Care Nano Cap Report: 2025 Annual

Picard Medical, Inc. is a medical technology company, which manufactures and sells the only U.S. FDA, and Health Canada approved implantable SynCardia TAH. The company is headquartered in Tucson, Arizona and currently employs 75 full-time employees. The company went IPO on 2025-08-29. SynCardia is a medical technology company that manufactures and sells the only United States Food and Drug Administration (FDA) and Health Canada-approved implantable total artificial heart (SynCardia TAH). The SynCardia TAH is a biventricular replacement device that consists of the SynCardia TAH implant, an external pneumatic driver that delivers precisely calibrated pulses of air to drive the implant, and drivelines that connect the driver to the implant. The SynCardia TAH implant is a system that consists of two independent artificial ventricles which are powered by an external pneumatic driver. Each artificial ventricle is made of a semi-rigid polyurethane housing and a rigid polyurethane base, with a four-layer flexible polyurethane diaphragm separating the blood chamber from the air chamber.

Key Statistics of Picard Medical Inc (PMI)

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

Today's Range

$0.16$0.17

Today's Open

$0.17

Volume

992.05K

P/E Ratio (TTM)

52 Week Range

$0.16$13.68

Market Cap

15.79M

Avg. Volume

3.52M

Dividend Yield

Financial Metrics & Statements of Picard Medical Inc (PMI)

FAQ's for Picard Medical Inc (PMI)

According to Musaffa’s Shariah screening methodology, Picard Medical Inc (PMI) is currently classified as NOT HALAL as of April 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.