Amicus Therapeutics, Inc.

FOLD stock is Shariah-compliant

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About Amicus Therapeutics, Inc. (FOLD)

Amicus Therapeutics, Inc. is a biotechnology company focused on discovering, developing, and delivering medicines for rare diseases. Its commercial product Galafold is an oral precision medicine for the treatment of adults with Fabry disease. The company also develops treatments for Pompe disease, CLN3, and CDKL5, and has collaboration and license agreements with various institutions.

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Is Amicus Therapeutics, Inc. (FOLD) stock halal to invest in?
Yes, FOLD is Shariah-compliant based on the company’s latest financial reports and therefore considered halal to invest in. Last updated on Aug 27, 2024.
No, FOLD is Shariah-compliant based on the company’s latest financial reports and therefore not considered halal to invest in. Last updated on Aug 27, 2024.
FOLD is flagged as Shariah-compliant in terms of Shariah compliance based on the company's latest financial reports. This means that while the company's operations do not definitively violate Islamic guidelines, there are certain aspects of Amicus Therapeutics, Inc.'s business that require careful consideration. Last updated on Aug 27, 2024.
Does Amicus Therapeutics, Inc. have any interest income?
Yes, Amicus Therapeutics, Inc. does have interest income. According to the company's latest annual report for the fiscal year ending Dec 31, 2023, Amicus Therapeutics, Inc. reported revenue of 399356000 and interest income of 7078000. The interest income represents 1.74% 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, Amicus Therapeutics, Inc. has not reported any interest income. According to the company's latest annual report for the fiscal year ending Dec 31, 2023, Amicus Therapeutics, Inc. reported total revenue of 399356000, 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 Amicus Therapeutics, Inc. stock is Shariah-compliant?
İslami Finansal Kurumlar için Muhasebe ve Denetim Organizasyonu tarafından belirlenen yönergeleri kullanıyoruz (AAOIFI) tarafından şeriata uygunluğu değerlendirmek üzere kurulmuştur. AAOIFI, Şeriat'a uygunluk değerlendirmesi yapan önde gelen uluslararası bir kuruluştur. İslami finans için standartlar. Kılavuz ilkeleri, bir şirketin ticari faaliyetlerinin ve finansal yapı İslami ilkelerle uyumludur. Bu standartlar, İslami finans sektöründe geniş çapta saygı görmektedir. ve hisse senetlerinin Şeriata uygunluğunu değerlendirmek için tutarlı bir çerçeve sağlar. diğer finansal araçlar. AAOIFI'nin Şeriat kurulunda Şeyh Muhammed gibi tanınmış akademisyenler yer almaktadır. Taqi Usmani, Şeyh AbdulSattar Abu Ghuddah ve Şeyh Abdullah AlManea.
How often is Amicus Therapeutics, Inc. stock reviewed for Shariah compliance?
The Shariah compliance status of Amicus Therapeutics, Inc. 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 Amicus Therapeutics, Inc.'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 FOLD, 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 Amicus Therapeutics, Inc. stock considered halal?
Yes, dividends from FOLD 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 Amicus Therapeutics, Inc. (FOLD), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from FOLD 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 Amicus Therapeutics, Inc. shares?
If you hold Amicus Therapeutics, Inc. 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 Amicus Therapeutics, Inc. (FOLD) stock on Zoya

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