As of August 2026, Niox Group PLC is classified as halal.
HALAL
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Niox Group PLC. Stock Analysis CSSPF
United States Health Care Small Cap
Niox Group Plc engages in the design, development, and commercialization of medical devices for the diagnosis and management of asthma. The company is headquartered in Oxford, Oxfordshire and currently employs 88 full-time employees. The company went IPO on 2014-03-13. The firm is engaged in the design, development, and commercialization of medical devices for the measurement of fractional exhaled nitric oxide (FeNO), a precise biomarker for asthma. The firm's NIOX VERO is also the device of choice by clinical research organizations for respiratory studies. The device is used by healthcare professionals to improve asthma care, which assists diagnosis, determining responsiveness to inhaled corticosteroids, tailoring inhaled steroid use, monitoring treatment compliance, and reducing the likelihood of exacerbations in at-risk patients compared to traditional monitoring. The firm provides products and services via its direct sales organization and extensive distributor network in over 50 countries.
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Financial Metrics & Statements of Niox Group PLC (CSSPF)
FAQ's for Niox Group PLC (CSSPF)
As of August 2026, Niox Group PLC CSSPF is classified as 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 Niox Group PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Niox Group PLC 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 Niox Group PLC 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 Niox Group PLC 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 Niox Group PLC 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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