Nightingale Health Oyj B (HEALTH.HE) - Not Halal (Non-Compliant)
Nightingale Health Oyj B (HEALTH.HE) 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
- Health Information Services
- Result
- Pass
- Reason
- The sector "Healthcare" and industry "Health Information Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 7.2% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 64.3% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 12.0% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 12.03%.Based on the company's financial statements, approximately 12.03% of dividend income should be donated to charity for purification. This is derived from identified interest income (12.03% of total income). Some scholars may differ on the exact calculation method.
About Nightingale Health Oyj B
Nightingale Health Oyj, a health technology company, offers advanced health check that detects disease risks in Finland, Europe, the Middle East, Africa, AMER, and the Asia-Pacific. The company's Health Check that detects the risks associated with various common chronic diseases from a single blood sample; and Remote Health Check where health check done remotely, as well as multiomics analysis services. It provides its services to research programs, universities, and healthcare providers. The company has a collaboration with Personalised Health Clinics to incorporate the company's metabolomic blood testing into Personalised Health Clinics' personalized, clinician-led healthcare services. Nightingale Health Oyj was incorporated in 2002 and is based in Helsinki, Finland.
Frequently Asked Questions
Is Nightingale Health Oyj B (HEALTH.HE) stock halal to invest in?
According to AAOIFI Shariah screening standards, Nightingale Health Oyj B (HEALTH.HE) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

