Kyverna Therapeutics, Inc. (KYTX) - Not Halal (Non-Compliant)
Kyverna Therapeutics, Inc. (KYTX) 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: 5.7% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 34.3% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 8.0% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 8.04%.Based on the company's financial statements, approximately 8.04% of dividend income should be donated to charity for purification. This is derived from identified interest income (8.04% of total income). Some scholars may differ on the exact calculation method.
About Kyverna Therapeutics, Inc.
Kyverna Therapeutics, Inc., a late-stage biopharmaceutical company, focuses on developing cell therapies for patients with autoimmune diseases. Its lead product candidate is KYV-101, an autologous CD19 CAR T-cell product candidate for the treatment of stiff person syndrome, myasthenia gravis, and autoimmune diseases. The company is also developing KYV-102, an autologous CD19 CAR T-cell product candidate with whole blood rapid manufacturing; and KYV-201, an allogeneic CD19 CAR T-cell product candidate. It has a license and collaboration agreement with Intellia Therapeutics, Inc. to research and develop an allogeneic CD19-directed CAR cell therapy product. The company was formerly known as BAIT Therapeutics, Inc. and changed its name to Kyverna Therapeutics, Inc. in October 2019. Kyverna Therapeutics, Inc. was incorporated in 2018 and is headquartered in Emeryville, California.
Frequently Asked Questions
Is Kyverna Therapeutics, Inc. (KYTX) stock halal to invest in?
According to AAOIFI Shariah screening standards, Kyverna Therapeutics, Inc. (KYTX) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

