Boston Scientific

BSX stock is Shariah-compliant

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About Boston Scientific (BSX)

Boston Scientific Corporation is a global medical device company that develops, manufactures, and markets products for various interventional medical specialties. The company operates through two segments, MedSurg and Cardiovascular, offering a wide range of devices for diagnosing and treating conditions related to gastrointestinal, pulmonary, urological, neurological, cardiovascular, and cancer care. Founded in 1979 and headquartered in Marlborough, Massachusetts, Boston Scientific provides innovative technologies for healthcare professionals worldwide.

الأسئلة المتداولة

Is Boston Scientific (BSX) stock halal to invest in?
As of Aug 27, 2024, Boston Scientific (BSX) stock is Shariah-compliant based on its business activities and financial ratios.
As of Aug 27, 2024, Boston Scientific (BSX) stock is flagged as Shariah-compliant in terms of Shariah compliance. This means that while the company's operations do not definitively violate Islamic guidelines, there are certain aspects of Boston Scientific's business that require careful consideration.
Does Boston Scientific have any interest income?
Yes, Boston Scientific does have interest income. According to the company's latest annual report for the fiscal year ending Dec 31, 2023, Boston Scientific reported revenue of 14240000000 and interest income of 22000000. The interest income represents 0.15% of the combined total. It's worth noting that some companies may report additional interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
No, Boston Scientific has not reported any interest income. According to the company's latest annual report for the fiscal year ending Dec 31, 2023, Boston Scientific reported total revenue of 14240000000, with no separate interest income disclosed. However, it's worth noting that some companies may report interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if Boston Scientific stock is Shariah-compliant?
نحن نستخدم المبادئ التوجيهية التي وضعتها هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية (AAOIFI) لتقييم الامتثال للشريعة الإسلامية. هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية هي منظمة دولية رائدة تضع معايير التمويل الإسلامي. تساعد إرشاداتها في تحديد ما إذا كانت الأنشطة التجارية للشركة و والهيكل المالي يتماشى مع المبادئ الإسلامية. وتحظى هذه المعايير باحترام واسع النطاق في وتوفر إطارًا متسقًا لتقييم مدى توافق الأسهم والأدوات المالية الأخرى مع الشريعة الإسلامية. والأدوات المالية الأخرى. وتضم الهيئة الشرعية لهيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية علماء مشهورين مثل الشيخ محمد تقي عثماني، والشيخ عبد الستار أبو غدة، والشيخ عبد الله المانع.
How often is Boston Scientific stock reviewed for Shariah compliance?
The Shariah compliance status of Boston Scientific stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on Boston Scientific's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of BSX, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from Boston Scientific stock considered halal?
Yes, dividends from BSX are considered halal. However, you may need to purify a portion of the dividend if the company has any impermissible revenue. Shariah standards typically allow up to 5% of revenue from impermissible sources for a stock to remain compliant. To find the exact percentage of impermissible revenue for Boston Scientific (BSX), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from BSX are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my Boston Scientific shares?
If you hold Boston Scientific stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on stocks can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculation tool. For an even easier experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

How to buy Boston Scientific (BSX) stock on Zoya

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  3. حدد المبلغ الذي تريد استثماره
    انتقل إلى شاشة البحث واكتب اسم السهم في شريط البحث. بعد ذلك، انقر على زر الشراء وأدخل المبلغ الذي ترغب في استثماره، سواء بالدولار أو عدد الأسهم. راجع سعر السهم في الوقت الحقيقي وكمية الأسهم المقدرة قبل تأكيد استثمارك.
  4. قم بإدارة محفظتك في مكان واحد
    يمكنك العثور على الأسهم التي اشتريتها حديثًا في محفظة Zoya الخاصة بك إلى جانب بقية ممتلكاتك. قم بتمكين التنبيهات للحصول على إشعارات بأي تغييرات في امتثال محفظتك للشريعة الإسلامية.

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