Is Nuwellis, Inc. (NUWE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 42.2% / 30% | 394.7% / 30% | 133.8% / 30% | 62.19% / 5% | ✗ NOT HALAL |
| DJIM | 42.2% / 33% | 394.7% / 33% | 133.8% / 33% | 62.19% / 5% | ✗ NOT HALAL |
| MSCI | 5.5% / 33% | 51.7% / 33% | 17.5% / 33% | 62.19% / 5% | ✗ NOT HALAL |
| S&P | 42.2% / 33% | 394.7% / 33% | 133.8% / 33% | 62.19% / 5% | ✗ NOT HALAL |
| FTSE | 5.5% / 33% | 51.7% / 33% | 17.5% / 50% | 62.19% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 62.0% | |
| Operating Margin | -100.8% | |
| Net Margin | -211.9% | |
| Return on Equity (ROE) | -382.6% | |
| Return on Assets (ROA) | -86.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$11M |
| Free Cash Flow | -$11M |
| Total Debt | $328,000 |
| Debt-to-Equity | 12.5 |
| Current Ratio | 1.7 |
| Total Assets | $6M |
Price & Trading
| Last Close | $1.12 |
| 50-Day MA | $1.95 |
| 200-Day MA | $4.41 |
| Avg Volume | 2.2M |
| Beta | -0.0 |
|
52-Week Range
$0.96
| |
About Nuwellis, Inc. (NUWE)
Nuwellis, Inc., a medical device company, develops, manufactures, and commercializes medical devices used in ultrafiltration therapy. The company provides Aquadex FlexFlow and Aquadex SmartFlow systems, which are used to treat patients suffering from fluid overload due to heart failure. Its Aquadex FlexFlow system includes a console, disposable blood circuit set, and disposable catheter. The company sells its products to hospitals and clinics through its direct salesforce in the United States; and through specialty healthcare distributors in Austria, Belarus, Brazil, Colombia, the Czech Republic, Germany, Greece, Hong Kong, India, Indonesia, Israel, Italy, Panama, Romania, Singapore, Slovakia, Spain, Switzerland, Thailand, the United Arab Emirates, and the United Kingdom. The company was formerly known as CHF Solutions, Inc. and changed its name to Nuwellis, Inc. in April 2021. Nuwellis, Inc. was founded in 1999 and is headquartered in Eden Prairie, Minnesota.
Related Halal Stocks in Healthcare
Frequently Asked Questions
Is Nuwellis, Inc. (NUWE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Nuwellis, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Nuwellis, Inc.'s debt ratio?
Nuwellis, Inc.'s debt ratio is 42.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 5.5%.
What are Nuwellis, Inc.'s key financial metrics?
Nuwellis, Inc. has a market capitalization of $2M, and revenue of $8M. The company maintains a gross margin of 62.0% and a net margin of -211.9%. Return on equity stands at -382.6%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.