Is Profound Medical Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Profound Medical Corp (PRN.TO) is currently classified as NOT HALAL as of March 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 Profound Medical 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 Profound Medical Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Profound Medical Corp?

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

Musaffa determines the Shariah status of Profound Medical 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 Profound Medical Corp updated?

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

Can a halal stock like Profound Medical 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 Profound Medical Corp?

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

PRN.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 10, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Profound Medical Corp (PRN.TO)

Based on 5 analysts giving stock ratings to Profound Medical Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Profound Medical Corp. Stock Analysis PRN.TO

Canada Health Care Micro Cap Report: 2025 Annual

Profound Medical Corp. is a commercial-stage medical device company focused on the development and marketing of customizable, incision-free therapeutic systems for the ablation of diseased tissue utilizing its platform technologies. The company is headquartered in Mississauga, Ontario. The company went IPO on 2014-09-24. The company is commercializing TULSA-PRO, a technology that combines real-time magnetic resonance imaging (MRI), AI-enhanced planning, robotically driven transurethral ultrasound and closed-loop temperature feedback control. The TULSA procedure, performed using the TULSA-PRO system, has the potential of becoming a mainstream treatment modality across the entire prostate disease spectrum; ranging from low-, intermediate-, or high-risk prostate cancer; to hybrid patients suffering from both prostate cancer and benign prostatic hyperplasia (BPH); to men with BPH only; and also, to patients requiring salvage therapy for radio-recurrent localized prostate cancer. The company is also commercializing Sonalleve, a therapeutic platform that is CE marked for the treatment of uterine fibroids and palliative pain treatment of bone metastases.

Key Statistics of Profound Medical Corp (PRN.TO)

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

Today's Range

CAD9.44CAD9.90

Today's Open

CAD9.90

Volume

6418.00

P/E Ratio (TTM)

52 Week Range

CAD5.23CAD12.40

Market Cap

331.00M

Avg. Volume

15.61K

Dividend Yield

Financial Metrics & Statements of Profound Medical Corp (PRN.TO)

FAQ's for Profound Medical Corp (PRN.TO)

According to Musaffa’s Shariah screening methodology, Profound Medical Corp (PRN.TO) is currently classified as NOT HALAL as of March 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.