AbCellera Biologics Inc. (ABCL) - Not Halal (Non-Compliant)
AbCellera Biologics Inc. (ABCL) 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: 12.2% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 48.7% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 37.7% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 37.71%.Based on the company's financial statements, approximately 37.71% of dividend income should be donated to charity for purification. This is derived from identified interest income (37.71% of total income). Some scholars may differ on the exact calculation method.
About AbCellera Biologics Inc.
AbCellera Biologics Inc. engages in discovering and developing antibody-based medicines for indications with unmet medical need in the United States. Its lead product is ABCL635, an non-hormonal medicine, which is in Phase 2 clinical trial to treat moderate-to-severe vasomotor symptoms; and ABCL575, a fully human, half-life extended monoclonal antibody, which is in in a Phase 1 clinical trial for treating T-cell-mediated autoimmune conditions, such as atopic dermatitis. The company has a research collaboration and license agreement with Eli Lilly and Company; AbbVie Inc.; Jazz Pharmaceuticals plc to develop T-cell engaging (TCE) multispecific antibodies; partnership agreement with Viking Global Investors & ArrowMark Partners and Biogen Inc.; and Vertex Pharmaceuticals Incorporated to research, develop, manufacture, and commercialize multispecific T-cell engagers (TCEs) for autoimmune diseases and other conditions. AbCellera Biologics Inc. was incorporated in 2012 and is headquartered in Vancouver, Canada.
Frequently Asked Questions
Is AbCellera Biologics Inc. (ABCL) stock halal to invest in?
According to AAOIFI Shariah screening standards, AbCellera Biologics Inc. (ABCL) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

