Geron Corporation (GERN) - Not Halal (Non-Compliant)
Geron Corporation (GERN) 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: 14.4% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 35.5% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 9.9% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 9.85%.Based on the company's financial statements, approximately 9.85% of dividend income should be donated to charity for purification. This is derived from identified interest income (9.85% of total income). Some scholars may differ on the exact calculation method.
About Geron Corporation
Geron Corporation, a commercial-stage biopharmaceutical company, focuses on the development of therapeutics products for oncology. The company's product pipeline includes RYTELO, a telomerase inhibitor for the treatment of adult patients with low- to intermediate-1 risk myelodysplastic syndromes with transfusion-dependent anemia; IMerge which is in Phase 3 clinical trial for the treatment of lower-risk myelodysplastic syndromes; IMpactMF that is in Phase 3 for the treatment of relapsed/refractory myelofibrosis; Impress which is in Phase 2 clinical trial to treat higher risk myelodysplastic syndromes and acute myeloid leukemia (AML); IMproveMF which is in Phase 1 clinical trial for the treatment of frontline myelofibrosis; and IMAGINE which is in phase 1/2 clinical trial for the treatment of relapsed/refractory AML. Geron Corporation was incorporated in 1990 and is headquartered in Foster City, California.
Frequently Asked Questions
Is Geron Corporation (GERN) stock halal to invest in?
According to AAOIFI Shariah screening standards, Geron Corporation (GERN) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

