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NUMD Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: December 23, 2024
Report Source: 2024 3rd Quarter Report
Nu-Med Plus Inc. Stock Analysis NUMD
United States N/A Nano Cap Report: Nu-Med Plus, Inc. engages in the design, development, and marketing of technologies utilizing nitric oxide in the medical device field. The company is headquartered in Salt Lake City, Utah and currently employs 2 full-time employees. The company went IPO on 2013-08-02. The company focuses on the creation of a nitric oxide (NO) generating formulation, a hospital bedside NO delivery system, a clinical unit for use in medical clinics and rehabilitation centers and a mobile rechargeable device to deliver nitric oxide gas to offer solutions to hospitals, health systems and the medical community throughout the world. Hospital NO Unit delivers a continuous intra-breath concentration of therapeutic NO to patients who are on a ventilator in a hospital setting. The Clinical Delivery System is a simplified version of the hospital unit. Portable Delivery System delivers NO to the patient at prescribed intervals for 24 hours per day at controlled doses by means of a nasal cannula or a face mask. Reagent Delivery offers a range of concentrations and flow rates of NO.
Read More Nu-Med Plus Inc (NUMD) Chart
Key Statistics of Nu-Med Plus Inc (NUMD)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.01Volume
190.00P/E Ratio (TTM)
-52 Week Range
Market Cap
852.19KAvg. Volume
35.84KDividend Yield
-Financial Metrics & Statements of Nu-Med Plus Inc (NUMD)
FAQ's for Nu-Med Plus Inc (NUMD)
- According to Musaffa’s Shariah screening methodology, Nu-Med Plus Inc (NUMD) is currently classified as NOT HALAL as of December 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nu-Med Plus Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Nu-Med Plus Inc 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 Nu-Med Plus Inc 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 Nu-Med Plus Inc 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 Nu-Med Plus Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.