Adagio Medical Holdings, Inc (ADGM) - Not Halal (Non-Compliant)
Adagio Medical Holdings, Inc (ADGM) is classified as Not Halal (Non-Compliant) 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
- Healthcare
- Industry
- Medical Devices
- Result
- Pass
- Reason
- The sector "Healthcare" and industry "Medical Devices" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 91.1% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 27.1% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.00%.Based on the company's financial statements, approximately 1.00% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.00% of total income). Some scholars may differ on the exact calculation method.
About Adagio Medical Holdings, Inc
Adagio Medical Holdings, Inc., a medical technology company, focuses on the development and commercialization of ablation technologies for the treatment of cardiac arrhythmias. It offers treatment for cardiac arrhythmias, including atrial fibrillation, and ventricular tachycardia. The company's product portfolio includes iCLAS atrial ultra-low temperature ablation (ULTA) catheter and system; vCLAS ventricular ULTC catheter; and Cryopulse pulsed field cryoablation catheters. Adagio Medical Holdings, Inc. was founded in 2011 and is headquartered in Laguna Hills, California.
Frequently Asked Questions
Is Adagio Medical Holdings, Inc (ADGM) stock halal to invest in?
According to AAOIFI Shariah screening standards, Adagio Medical Holdings, Inc (ADGM) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Adagio Medical Holdings, Inc have any interest income?
Adagio Medical Holdings, Inc's interest income ratio is 27.1% of total revenue. AAOIFI standards require this to be below 30%.

