Cleo Diagnostics Ltd CLDGF
CLDGF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Cleo Diagnostics Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Cleo Diagnostics Ltd. Stock Analysis CLDGF
United States Health Care Nano Cap CLEO Diagnostics Ltd. is a medical diagnostics/devices company which mainly focuses on the development of non-invasive blood based IVD tests to detect the presence, and recurrence, of ovarian cancer. The company is headquartered in Melbourne, Victoria. The company went IPO on 2023-08-22. Its principal activities involve the development and patent of a blood test for the detection of ovarian cancer. The company focuses on bringing to market a blood test for the early diagnosis of ovarian cancer based on the novel CXCL10 biomarker, which is produced early and at high levels by ovarian cancers but is absent in non-malignant disease. The company is advancing the availability of its blood test, under a modular execution strategy, which is designed to address all ovarian cancer detection markets with specific tests, including surgical triage, recurrence, high risk, and early-stage screening. Triage Test is a pre-surgical test to determine ovarian or adnexal mass for which surgical referral is required who have not yet been referred to an oncologist.
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Financial Metrics & Statements of Cleo Diagnostics Ltd (CLDGF)
FAQ's for Cleo Diagnostics Ltd (CLDGF)
- As of August 2026, Cleo Diagnostics Ltd CLDGF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Cleo Diagnostics Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Cleo Diagnostics 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.
- Musaffa determines the Shariah status of Cleo Diagnostics Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Cleo Diagnostics Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Cleo Diagnostics Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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