Is Zhongchao Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Zhongchao Inc (ZCMD) 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 Zhongchao 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 Zhongchao Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Zhongchao Inc?

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

Musaffa determines the Shariah status of Zhongchao 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 Zhongchao Inc updated?

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

Can a halal stock like Zhongchao 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 Zhongchao Inc?

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

ZCMD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2026

Report Source: 2025 Annual Report

Zhongchao Inc. Stock Analysis ZCMD

United States Consumer Discretionary Nano Cap Report: 2025 Annual

Zhongchao, Inc. is a holding company, which engages in the provision of healthcare information, education, and training services. The company is headquartered in Shanghai, Shanghai. The company went IPO on 2020-02-19. The firm operates its businesses through two segments. MDMOOC Services segment engages in the provision of training and education services and assistance in patient-aid projects. Sales of Patented Drugs segment mainly engages in the sales of patented drugs. Under the MDMOOC brand, the Company offers a wide range of online and onsite health information services, healthcare education programs, and healthcare training products, consisting primarily of clinical practice training, open classes of medical topics, interactive case studies, academic conference and workshops, continuing education courses, and articles and short videos with educational healthcare content to healthcare professionals as well as the public.

Key Statistics of Zhongchao Inc (ZCMD)

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

Today's Range

$1.36$1.50

Today's Open

$1.41

Volume

37.45K

P/E Ratio (TTM)

52 Week Range

$1.25$12.18

Market Cap

7.56M

Avg. Volume

8012.41

Dividend Yield

Financial Metrics & Statements of Zhongchao Inc (ZCMD)

FAQ's for Zhongchao Inc (ZCMD)

According to Musaffa’s Shariah screening methodology, Zhongchao Inc (ZCMD) 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.