ICCM
Quality Rating
IceCure Medical Ltd (ICCM) operates in the permissible Medical - Devices industry, focusing on cryoablation technology for tumor treatment. All financial screening ratios comfortably pass AAOIFI, MSCI, and S&P thresholds, with debt at 0.65%, liquidity at 10.29%, and non-compliant income at 1.09%. Business activities are fully compliant with no haram elements identified. However, due to its micro-cap status, ICCM is not included in major Shariah indices, leading to an overall NON_COMPLIANT classification based on index inclusion criteria. A purification rate of 1.09% is recommended for any dividends received.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Included in 4 major Shariah indexes
Key Compliance Considerations
- Exclusion from major Shariah indices due to small market capitalization
- Minor non-compliant income requiring purification
Debt Ratio
0.0%
Liquidity Ratio
10.3%
Interest Income Ratio
1.1%
Purification
1.09%