Exicure, Inc. (XCUR) - Halal (Shariah-Compliant)
Exicure, Inc. (XCUR) is classified as Halal (Shariah-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: 4.8% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.6% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.60%.Based on the company's financial statements, approximately 1.60% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.60% of total income). Some scholars may differ on the exact calculation method.
About Exicure, Inc.
Exicure, Inc. does not have significant operations. Previously, it focused on developing nucleic acid therapies targeting ribonucleic acid against validated targets. The company has a co-development agreement with Adbiotech Co., Ltd. to explore combination therapies based on Burixafor (GPC-100) across multiple therapeutic areas. Exicure, Inc. was founded in 2011 and is headquartered in Redwood City, California.
Frequently Asked Questions
Is Exicure, Inc. (XCUR) stock halal to invest in?
According to AAOIFI Shariah screening standards, Exicure, Inc. (XCUR) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Exicure, Inc. have any interest income?
Exicure, Inc.'s interest income ratio is 4.8% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if XCUR stock is Shariah-compliant?
XCUR is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

