Sequana Medical NV SQNMF
$1.22
Last Updated: Sep 29, 12:00 AM·OOTC
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SQNMF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Sequana Medical NV is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Sequana Medical NV. Stock Analysis SQNMF
United States Health Care Micro Cap Sequana Medical NV is a commercial stage medical device company, which engages in the design, development, manufacture, and commercialization of medical device. The company employs 48 full-time employees The company went IPO on 2019-02-11. The firm focuses mainly on the development of treatment solutions for the management of liver disease, heart failure, malignant ascites and other fluid imbalance disorders. Sequana Medical NV provides alfapump, which is an implantable, programmable, wireless-charged and battery-powered system that is CE-marking for the management of refractory ascites due to liver cirrhosis and malignant ascites. Over 650 alfapump systems have been implanted. Apart from the Alfapump, the Company also aims to develop a direct sodium removal (DSR) therapy, which is a propriety approach to the treatment of volume overload in heart failure.
Sequana Medical NV (SQNMF) Chart
Financial Metrics & Statements of Sequana Medical NV (SQNMF)
FAQ's for Sequana Medical NV (SQNMF)
- As of August 2026, Sequana Medical NV SQNMF 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 Sequana Medical NV using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sequana Medical NV 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 Sequana Medical NV 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 Sequana Medical NV 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 Sequana Medical NV 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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