Speedus Corp. operates through its subsidiaries which include Zargis Medical Corp. and Density Dynamics Corp. Zargis Medical develops advanced telemedicine and diagnostic support products for healthcare professionals and Density Dynamics provides solid-state storage and I/O acceleration technology. The company is headquartered in Freehold, New Jersey and currently employs 20 full-time employees. Zargis is a medical device company focused on the development of computer-aided medical devices and telemedicine-based delivery systems. DDC is engaged in the development of its line of dynamic random access memory (DRAM)-based, solid-state storage and input/output (I/O) acceleration technology. As of December 31, 2009, the Company held approximately 90% ownership interest in Zargis.
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As of August 2026, Speedus Corp SPDE is classified as not covered 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 Speedus Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Speedus Corp 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 Speedus Corp 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 Speedus Corp 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 Speedus Corp 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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