INVO Fertility, Inc. (IVF) - Halal (Shariah-Compliant)
INVO Fertility, Inc. (IVF) 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: 22.6% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 21.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.05%.Based on the company's financial statements, approximately 0.05% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.05% of total income). Some scholars may differ on the exact calculation method.
About INVO Fertility, Inc.
INVO Fertility, Inc., a healthcare services company, focuses on the fertility marketplace that provides assisted reproductive technology care to patients. It operates through Fertility Clinic Services and INVOcell Device segments. The company offers INVOcell Device, a medical device that allows fertilization and early embryo development to take place in vivo within the woman's body. It also operates fertility clinics, including INVO Centers. The company was formerly known as NAYA Biosciences, Inc. and changed its name to INVO Fertility, Inc. in April 2025. INVO Fertility, Inc. was founded in 2007 and is based in Sarasota, Florida.
Frequently Asked Questions
Is INVO Fertility, Inc. (IVF) stock halal to invest in?
According to AAOIFI Shariah screening standards, INVO Fertility, Inc. (IVF) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does INVO Fertility, Inc. have any interest income?
INVO Fertility, Inc.'s interest income ratio is 21.5% of total revenue. AAOIFI standards require this to be below 30%.

