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Shariah compliance overview

Halal

SANUWAVE Health Inc. (SNWV) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About SANUWAVE Health Inc.

SANUWAVE Health, Inc. is a shockwave technology company, which engages in the development and commercialization of patented noninvasive, biological response activating devices.

SANUWAVE Health Inc. (SNWV) operates in the Healthcare sector, in the Medical - Devices industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.46% (limit 5%), interest-bearing debt is 16.52% (limit 30%) and interest-bearing securities and assets are 9.00% (limit 30%).

If you hold SNWV, give 0.23% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
0.46%Limit 5%Pass
Interest-bearing debt
16.52%Limit 30%Pass
Interest-bearing securities and assets
9.00%Limit 30%Pass
Dividend purification
0.23%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about SANUWAVE Health Inc. (SNWV). Current Akinda screening label: Halal.