Is Aardvark Therapeutics, Inc. (AARD) Halal?

NASDAQ Healthcare United States $77M
✗ NOT HALAL
Confidence: 83/100
Aardvark Therapeutics, Inc. (AARD) is Not Halal under AAOIFI Standard 21. While the debt ratio of 0.6% is acceptable, the cash and interest-bearing securities ratio of 57.8% exceeds the 30% threshold. Aardvark Therapeutics, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.6%
/ 30%
57.8%
/ 30%
0.0%
/ 30%
N/A ✗ NOT HALAL
DJIM 0.6%
/ 33%
57.8%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
MSCI 1.0%
/ 33%
95.0%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 0.6%
/ 33%
57.8%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
FTSE 1.0%
/ 33%
95.0%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-2.93
P/B Ratio
0.7
EV/EBITDA
0.5
EV: -$32M
Revenue
$0
Current Ratio
10.6

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -64.4%
Return on Assets (ROA) -40.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$18M
Free Cash Flow-$18M
Total Debt$779,000
Debt-to-Equity0.4
Current Ratio10.6
Total Assets$78M

Price & Trading

Last Close$3.51
50-Day MA$9.95
200-Day MA$11.54
Avg Volume273K
52-Week Range
$3.35
$17.94

About Aardvark Therapeutics, Inc. (AARD)

CEO
Dr. Tien-Li Lee M.D.
Employees
40
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$77M
Currency
USD

Aardvark Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing small-molecule therapeutics to activate innate homeostatic pathways for the treatment of metabolic diseases. Aardvark Therapeutics, Inc. was incorporated in 2017 and is headquartered in San Diego, California.

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Frequently Asked Questions

Is Aardvark Therapeutics, Inc. (AARD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Aardvark Therapeutics, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Aardvark Therapeutics, Inc.'s debt ratio?

Aardvark Therapeutics, Inc.'s debt ratio is 0.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 1.0%.

What are Aardvark Therapeutics, Inc.'s key financial metrics?

Aardvark Therapeutics, Inc. has a market capitalization of $77M. Return on equity stands at -64.4%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.