IceCure Medical Ltd. (ICCM) - Halal (Shariah-Compliant)
IceCure Medical Ltd. (ICCM) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Healthcare
- Industry
- Medical Devices
- Result
- Pass
- Reason
- The sector "Healthcare" and industry "Medical Devices" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.1% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 14.2% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.1% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About IceCure Medical Ltd.
IceCure Medical Ltd, a commercial-stage medical device company, engages in the research, development, and marketing of cryoablation systems, disposables, and technologies for treating tumors in the United States, Japan, India, China, Israel, and internationally. The company offers the ProSense system, a single probe cryoablation system for the treatment of malignant breast tumors, as well as its associated disposables, including CryoProbes needles, and guiding needles/introducers; and IceSense3 system for ablation indications in urology, oncology, dermatology, gynecology, general surgery, thoracic surgery, and proctology. It also develops XSense system, a single probe system; and MSense, a multi probe system for the treatment of multiple and larger tumors. The company serves hospitals, interventional radiological centers, ambulatory centers, and private clinics. IceCure Medical Ltd was incorporated in 2006 and is headquartered in Caesarea, Israel.
Frequently Asked Questions
Is IceCure Medical Ltd. (ICCM) stock halal to invest in?
According to AAOIFI Shariah screening standards, IceCure Medical Ltd. (ICCM) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.

