Is EUDA (EUDA Health Holdings Limited) Halal or Haram?

Based on our AAOIFI-standard shariah screening, EUDA is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (5.12% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (0.96% vs ≤33% threshold).

EUDA Health Holdings Limited is a Singapore-based healthcare technology company founded in 2019. It develops and operates a digital health platform that specializes in providing virtual medical consultations for non-emergency issues, efficiently bridging the gap between patients and medical professionals. For Muslim investors, EUDA represents a fully shariah-compliant opportunity in the rapidly growing telemedicine sector. The stock successfully passes all four AAOIFI screening criteria, meaning its core business operations and financial structures align perfectly with Islamic finance principles. From an Islamic finance perspective, EUDA's financial metrics are highly attractive. The company operates with a minimal debt-to-market cap ratio of just 5.1% and generates absolutely no interest income (0.00%), ensuring investors are not exposed to impermissible riba (usury). While the stock is currently halal, Muslim investors should continue to monitor EUDA's future growth strategies as a subsidiary of Watermark Developments Limited. Ensuring its debt levels and cash reserves remain within AAOIFI thresholds during future expansions will be key to maintaining its compliant status. EUDA Health Holdings Limited operates in the Healthcare sector under the Medical - Healthcare Information Services industry and is headquartered in Singapore, SG. The company is led by CEO Alfred Lim and employs approximately 117 people.

EUDA was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. EUDA passed 4 of these 4 screens.

EUDA has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.

EUDA was last screened on 2026-04-27. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.