Medicover AB (5M0B.SG) - Questionable
Medicover AB (5M0B.SG) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industry
- Result
- Pass
- Reason
- The sector "" and industry "" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: N/A | Threshold: 30% | Result: Warning
- Cash & Interest-bearing Securities Ratio
- Value: N/A | Threshold: 30% | Result: Warning
- Non-Permissible Income Ratio
- Value: 0.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.18%.Based on the company's financial statements, approximately 0.18% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.18% of total income). Some scholars may differ on the exact calculation method.
Frequently Asked Questions
Is Medicover AB (5M0B.SG) stock halal to invest in?
According to AAOIFI Shariah screening standards, Medicover AB (5M0B.SG) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does Medicover AB have any interest income?
Identified interest income is 0.2% of Medicover AB's total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if 5M0B.SG stock is Shariah-compliant?
5M0B.SG is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Medicover AB stock reviewed for Shariah compliance?
Medicover AB's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.


