EUDA
Quality Rating
EUDA Health Holdings Limited operates a digital health platform providing virtual consultations for non-emergency medical issues, a business model generally aligned with Shariah principles in the healthcare sector. Financial ratios indicate low debt (0.1%) and liquidity (0.01%), with interest income at 4.18% below the 5% threshold and no non-permissible income identified. However, as a micro-cap company, it is not included in major Shariah indices, leading to an overall non-compliant status despite strong underlying metrics. Purification is required for the interest income portion. Investors should monitor for potential index inclusion as the company grows.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)
Key Compliance Considerations
- Not included in any major Shariah indices due to micro-cap size and liquidity constraints
- Interest income ratio of 4.18% requires purification, though below threshold
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
0.0%
Purification
4.18%