NextCell Pharma AB N (65G.F) - Not Halal (Non-Compliant)
NextCell Pharma AB N (65G.F) 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: 0.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 37.4% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 5.8% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 5.78%.Based on the company's financial statements, approximately 5.78% 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 (5.78% of total income). Some scholars may differ on the exact calculation method.
About NextCell Pharma AB N
NextCell Pharma AB, a biopharmaceutical company, engages in the research, development, and manufacture of stromal cell therapies in Sweden. Its lead drug candidate is ProTrans, a cell therapy with mesenchymal stromal cells for the treatment of autoimmune and inflammatory diseases, including type-1 diabetes. The company also operates Cellaviva, a stem cell bank; and QVance, the first dedicated provider of quality services for developers of advanced therapies. The company was incorporated in 2014 and is headquartered in Huddinge, Sweden.
Frequently Asked Questions
Is NextCell Pharma AB N (65G.F) stock halal to invest in?
According to AAOIFI Shariah screening standards, NextCell Pharma AB N (65G.F) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does NextCell Pharma AB N have any interest income?
Identified interest income is 5.8% of NextCell Pharma AB N's total income. AAOIFI standards require non-permissible income to be below 5%.


