Bluejay Diagnostics, Inc. (BJDX) - Not Halal (Non-Compliant)
Bluejay Diagnostics, Inc. (BJDX) 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: 0.6% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 80.5% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 36.0% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 36.01%.Based on the company's financial statements, approximately 36.01% of dividend income should be donated to charity for purification. This is derived from identified interest income (36.01% of total income). Some scholars may differ on the exact calculation method.
About Bluejay Diagnostics, Inc.
Bluejay Diagnostics, Inc. operates as a medical diagnostics company. It offers Symphony technology platform which consists of an analyzer and single-use protein detection cartridges that are designed to provide measurements of key diagnostic biomarkers found in blood; and Symphony analyzer used to orchestrate sample processing of whole blood, plasma, serum, etc., biomarker isolation, and immunoassay preparation using non-contact centrifugal force. The company also develops Symphony IL-6 tests for the monitoring of disease progression in critical care settings. In addition, it develops additional tests for Symphony, such as tests for myocardial infraction and congestive heart failure, as well as other tests using the Symphony platform. Bluejay Diagnostics, Inc. was incorporated in 2015 and is headquartered in Acton, Massachusetts.
Frequently Asked Questions
Is Bluejay Diagnostics, Inc. (BJDX) stock halal to invest in?
According to AAOIFI Shariah screening standards, Bluejay Diagnostics, Inc. (BJDX) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

