BIOINVENT INTERNATIONAL AB BIOI (0H22.IL) - Not Halal (Non-Compliant)
BIOINVENT INTERNATIONAL AB BIOI (0H22.IL) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Healthcare
- Industry
- Biotechnology
- Result
- Pass
- Reason
- The sector "Healthcare" and industry "Biotechnology" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.1% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 17.3% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 8.1% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 8.08%.Based on the company's financial statements, approximately 8.08% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (8.08% of total income). Some scholars may differ on the exact calculation method.
About BIOINVENT INTERNATIONAL AB BIOI
BioInvent International AB (publ), a clinical-stage company, discovers, researches, and develops immuno-modulatory antibodies for the treatment of cancer in Sweden, Europe, the United States, and internationally. Its drug candidate is BI-1206 for the treatment of non-Hodgkin lymphoma and solid tumors. The company also develops tumor associated myeloid cells; cancer-associated regulatory T cells, which modulate the immune system; BT-001 for solid tumors; and BI-1808 and BI-1910, which are anti-TNFR2 antibodies for the treatment of solid tumors and cutaneous T-cell lymphoma. It has a partnership and collaboration with Transgene to co-develop BT-001 multi-functional oncolytic viruses for treatment of solid tumors; and collaboration and supply agreement with Merck to evaluate BT-001 in combination with Keytruda, and in BI-1808. BioInvent International AB (publ) was incorporated in 1996 and is based in Lund, Sweden.
Frequently Asked Questions
Is BIOINVENT INTERNATIONAL AB BIOI (0H22.IL) stock halal to invest in?
According to AAOIFI Shariah screening standards, BIOINVENT INTERNATIONAL AB BIOI (0H22.IL) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.


