BIMI Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 05, 2024

Report Source: 2023 3rd Quarter Report

BIMI Holdings Inc

BIMI Holdings Inc. Stock Analysis BIMI

United States Health Care Nano Cap Report:
BIMI International Medical, Inc. engages in the provision of healthcare products and services. The company is headquartered in New York City, New York and currently employs 296 full-time employees. The company went IPO on 2010-10-04. The firm offers a range of healthcare products and related services in the United States and Asia. The firm operates in four segments: wholesale pharmaceuticals, wholesale medical devices, medical services and retail pharmacy. The wholesale pharmaceuticals segment includes supplying prescription and over the counter (OTC) medicines, traditional Chinese medicines (TCM), healthcare supplies and sundry items to clinics, third party pharmacies, hospitals and other drug wholesalers. The wholesale medical devices segment distributes medical devices, including medical consumables, to private clinics, hospitals, third party pharmacies and other medical device dealers. The retail pharmacy segment sells prescription and OTC medicines, TCM, healthcare supplies and sundry items to retail customers through its directly owned pharmacies and authorized retail stores.
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  • According to Musaffa’s Shariah screening methodology, BIMI Holdings Inc (BIMI) is currently classified as HALAL as of February 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.

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