Is MDxHealth SA - Ordinary Shares (MDXH) stock halal?

Is MDxHealth SA - Ordinary Shares stock halal? MDxHealth SA - Ordinary Shares (MDXH) is listed on NASDAQ Capital Market and is covered in this site's broader research layer outside the tracked Sharia ETF set. Based on our research signals, this company does not currently look Sharia-friendly enough for a positive lean.

Current status

  • Ticker: MDXH
  • Exchange: NASDAQ Capital Market
  • Status: Outside the tracked Sharia ETF stock set
  • Research signal: looks constrained

Research factors

Sector: Healthcare

Industry: Diagnostics & Research

Sector / industry does not obviously fall into the restricted categories we screen heuristically.

  • Debt level: Total debt / Market capitalization is 234.25%. This is compared against a 33.00% reference threshold.
  • Cash / liquidity proxy: Cash and cash equivalents / Market capitalization is 95.47% using a proxy value. This is compared against a 33.00% reference threshold.
  • Receivables level: Accounts receivable / Market capitalization is 32.47%. This is compared against a 33.00% reference threshold.
  • Interest income proxy: Interest income / Total revenue is 1.39% using a proxy value. This is compared against a 5.00% reference threshold.

What this means

This company is part of the broader listed-stock research layer rather than the tracked Sharia ETF stock set.

We surface business-activity, debt, cash, receivables, and interest signals for due diligence, without claiming a religious ruling.

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