Is EUDA Health (EUDA) stock Halal?
Verdict for EUDA Health (EUDA): Shariah compliant (PASS). Screened October 2026 under AAOIFI Shariah Standard No. 21. Business activity: pass. Non-permissible income: pass. Interest-bearing investments: pass. Interest-bearing debt: pass. Preference shares: pass. Dividend purification factor: 100%. Next review: November 2026.
EUDA Health is an integrated healthcare service provider, primarily focusing on delivering a comprehensive suite of medical services and solutions. The company operates within the healthcare sector, offering a wide range of services including primary care, specialist consultations, and therapeutic services. Through its network of clinics and medical facilities, Euda Health Holdings aims to enhance accessibility to quality healthcare while emphasizing patient-centric approaches in its service delivery. Before any of that matters to a Muslim investor, one question comes first: is EUDA Health stock Halal?
Is EUDA Health Shariah compliant?
Yes. In the October 2026 screening EUDA Health (EUDA) passes AAOIFI Shariah Standard No. 21: the business activity screen and every financial ratio screen hold. Real estate begins from a strong position in Shariah screening: buildings and land are permissible assets. What AAOIFI Shariah Standard No. 21 examines for EUDA Health is the mortgage financing behind the portfolio, capped at 30% of market capitalisation, and whether tenant income includes impermissible sources beyond the 5% ceiling.
Does EUDA Health pass the business activity test?
Yes. In the October 2026 screening EUDA Health holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item is the tenant roll: rental income from impermissible businesses counts against the 5% ceiling.
Is EUDA Health's income Halal?
Yes, within AAOIFI's tolerance. EUDA Health's income from non-permissible sources stays below 5% of revenue in the October 2026 screening, and the small impure portion is handled through purification: the factor of 100% tells holders of EUDA what share of each dividend to keep and what remainder to donate to charity. On a dividend yield of around None, the purification amount is modest but real.
Does EUDA Health meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation, measured against a market capitalisation of $42.8M (market data as of 1 October 2026). Because the caps move with the share price, our Shariah Supervisory Board has EUDA re-screened every month, and the result above always shows the latest verdict.
Why do other halal screeners show a different verdict for EUDA Health?
Screeners can disagree without either being wrong. AAOIFI Shariah Standard No. 21, which Tabadulat applies, measures interest bearing debt and investments against market capitalisation with a 30% ceiling. MSCI and FTSE measure them against total assets with a 33% ceiling, and S&P and Dow Jones Islamic use a multi year average of market capitalisation. Data dates differ too, because each provider reads filings and prices on its own schedule. The same company can therefore pass one standard and fail another in the same month. Tabadulat publishes one answer, the AAOIFI result as of October 2026, and re-screens it every month.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the screening method? Read REITs: Halal Real Estate for Muslim Investors











