Neuphoria Therapeutics Inc. (NEUP) - Not Halal (Non-Compliant)
Neuphoria Therapeutics Inc. (NEUP) 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: 0.2% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 110.9% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 3.7% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.74%.Based on the company's financial statements, approximately 3.74% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.74% of total income). Some scholars may differ on the exact calculation method.
About Neuphoria Therapeutics Inc.
Neuphoria Therapeutics Inc., a clinical stage biopharmaceutical company, develops novel allosteric ion channel modulators for patients with serious central nervous system disorders in Australia. Its lead product candidate is BNC210, an oral, proprietary, selective negative allosteric modulator of the alpha7 nicotinic acetylcholine receptor for post-traumatic stress disorder. The company also develops Merck alpha7 positive allosteric modulators. It has a research collaboration and license agreement with Merck & Co., Inc. to develop alpha7 receptor positive allosteric modulators targeting cognitive dysfunction associated with Alzheimer's disease and other central nervous system conditions. The company was formerly known as Bionomics Limited and changed its name to Neuphoria Therapeutics Inc. in December 2024. Neuphoria Therapeutics Inc. was incorporated in 1996 and is based in Millis, Massachusetts.
Frequently Asked Questions
Is Neuphoria Therapeutics Inc. (NEUP) stock halal to invest in?
According to AAOIFI Shariah screening standards, Neuphoria Therapeutics Inc. (NEUP) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

