Retractable Technologies Inc RVP
$0.73
Last Updated: Aug 21, 12:00 AM·XASE
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RVP Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Retractable Technologies Inc is classified as halal.
HALAL
Report Source: undefined Quarter Report
Retractable Technologies Inc. Stock Analysis RVP
United States Health Care Nano Cap Retractable Technologies, Inc. engages in the manufacture and market of safety needle devices for the healthcare industry. The company is headquartered in Little Elm, Texas and currently employs 195 full-time employees. The company went IPO on 2001-05-04. The firm is focused on the production of injection devices (syringes and needles). Such products are marketed under the VanishPoint, Patient Safe, and EasyPoint brands. The VanishPoint syringe, blood collection, and IV catheter products are designed to prevent needlestick injuries and product reuse by retracting the needle directly from the patient, effectively reducing exposure to the contaminated needle. Patient Safe syringes are designed to reduce the risk of bloodstream infections resulting from catheter hub contamination. The EasyPoint is a retractable needle that can be used with luer lock syringes, luer slip syringes, and prefilled syringes to give injections. The EasyPoint needle can also be used to aspirate fluids and for blood collection. Its products are distributed by various specialty and general line distributors.
Retractable Technologies Inc (RVP) Chart
Financial Metrics & Statements of Retractable Technologies Inc (RVP)
FAQ's for Retractable Technologies Inc (RVP)
- As of August 2026, Retractable Technologies Inc RVP is classified as 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 Retractable Technologies Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Retractable 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 Retractable 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 Retractable 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 Retractable 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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