Boule Diagnostics AB (BOUL.ST) - Not Halal (Non-Compliant)
Boule Diagnostics AB (BOUL.ST) 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: 113.5% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 13.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.31%.Based on the company's financial statements, approximately 0.31% 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 (0.31% of total income). Some scholars may differ on the exact calculation method.
About Boule Diagnostics AB
Boule Diagnostics AB (publ) develops, manufactures, and markets instruments and consumable products for blood diagnostics in the United States of America, Asia, Eastern Europe, Latin America, Western Europe, Africa, and the Middle East. It operates through Diagnostics and OEM Clinical Diagnostic Solutions. The company provides hematology analyzers, reagents, controls, and calibrators, under the Swelab, and Medonic brands; and veterinary hematology and clinical chemistry analyzer systems, as well as reagents and panels under the Exigo brand. It serves small and medium-sized hospitals, clinics, laboratories, and veterinary clinics, and other diagnostics firms. The company was founded in 1956 and is headquartered in Spånga, Sweden.
Frequently Asked Questions
Is Boule Diagnostics AB (BOUL.ST) stock halal to invest in?
According to AAOIFI Shariah screening standards, Boule Diagnostics AB (BOUL.ST) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.


