Is Advanced Health Intelligence Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Advanced Health Intelligence Ltd (AHI.AX) is currently classified as NOT HALAL as of December 2023. 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 Advanced Health Intelligence Ltd 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 Advanced Health Intelligence Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Advanced Health Intelligence Ltd?

Muslim investors may consider investing in Advanced Health Intelligence Ltd 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 Advanced Health Intelligence Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Advanced Health Intelligence Ltd 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 Advanced Health Intelligence Ltd updated?

The Shariah compliance status of Advanced Health Intelligence Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Advanced Health Intelligence Ltd 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 Advanced Health Intelligence Ltd?

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

AHI.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 18, 2023

Report Source: 2023 Annual Report

Advanced Health Intelligence Ltd. Stock Analysis AHI.AX

Australia Health Care Nano Cap Report: 2023 Annual

Advanced Health Intelligence Ltd. engages in the development of a global digital health solution. The company is headquartered in Perth, Western Australia. The company went IPO on 2015-08-17. The company offers cutting-edge, smart-phone-based health risk identification solutions that enable individuals to run their own comprehensive health assessments and risk stratification. Utilizing smartphone sensor technology, individuals can conduct a single scan or a series of scans to identify established risk markers for various health conditions. The resulting data can then be shared with healthcare providers, insurers, employers, and government agencies, facilitating timely triage and appropriate care pathway allocation. Its products include Biometric Health Assessment (BHA), FaceScan, and BodyScan. Its solutions encompass anthropometric and body composition analysis, predictive modeling of blood biomarkers, cardiovascular risk estimation, facial photoplethysmography, device-derived dermatological image analysis, atrial fibrillation technology, and others.

Key Statistics of Advanced Health Intelligence Ltd (AHI.AX)

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

Today's Range

AUD0.09AUD0.09

Today's Open

AUD0.09

Volume

7055.00

P/E Ratio (TTM)

52 Week Range

AUD0.07AUD0.40

Market Cap

25.81M

Avg. Volume

59.89K

Dividend Yield

Financial Metrics & Statements of Advanced Health Intelligence Ltd (AHI.AX)

FAQ's for Advanced Health Intelligence Ltd (AHI.AX)

According to Musaffa’s Shariah screening methodology, Advanced Health Intelligence Ltd (AHI.AX) is currently classified as NOT HALAL as of December 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.