Is Acumen Pharmaceuticals, Inc. (ABOS) Halal?

NASDAQ Healthcare United States $163M
✗ NOT HALAL
Confidence: 90/100
Acumen Pharmaceuticals, Inc. (ABOS) is Not Halal under AAOIFI Standard 21. While the debt ratio of 14.3% is acceptable, the cash and interest-bearing securities ratio of 85.6% exceeds the 30% threshold. Acumen Pharmaceuticals, 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 14.3%
/ 30%
85.6%
/ 30%
0.2%
/ 30%
N/A ✗ NOT HALAL
DJIM 14.3%
/ 33%
85.6%
/ 33%
0.2%
/ 33%
N/A ✗ NOT HALAL
MSCI 12.0%
/ 33%
71.8%
/ 33%
0.2%
/ 33%
N/A ✗ NOT HALAL
S&P 14.3%
/ 33%
85.6%
/ 33%
0.2%
/ 33%
N/A ✗ NOT HALAL
FTSE 12.0%
/ 33%
71.8%
/ 33%
0.2%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-2.00
P/B Ratio
1.9
EV/EBITDA
-0.4
EV: $51M
Revenue
$0
Current Ratio
4.1

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -96.2%
Return on Assets (ROA) -42.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$86M
Free Cash Flow-$86M
Total Debt$29M
Debt-to-Equity44.2
Current Ratio4.1
Total Assets$239M

Price & Trading

Last Close$2.55
50-Day MA$2.68
200-Day MA$1.91
Avg Volume819K
52-Week Range
$0.85
$3.60

About Acumen Pharmaceuticals, Inc. (ABOS)

CEO
Mr. Daniel J. O'Connell M.B.A.
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$163M
Currency
USD

Acumen Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops targeted therapies for the treatment of Alzheimer's disease. The company focuses on advancing a targeted immunotherapy drug candidate Sabirnetug (ACU193), a recombinant humanized immunoglobulin gamma 2, which has completed the INTERCEPT-AD phase 1 clinical trial and in ALTITUDE-AD phase 2 clinical trial to target soluble amyloid-beta oligomers. It has a collaboration and license agreement with Halozyme, Inc. for the development of a subcutaneous formulation of Sabirnetug. Acumen Pharmaceuticals, Inc. was incorporated in 1996 and is headquartered in Newton, Massachusetts.

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Frequently Asked Questions

Is Acumen Pharmaceuticals, Inc. (ABOS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Acumen Pharmaceuticals, 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 Acumen Pharmaceuticals, Inc.'s debt ratio?

Acumen Pharmaceuticals, Inc.'s debt ratio is 14.3% 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 12.0%.

What are Acumen Pharmaceuticals, Inc.'s key financial metrics?

Acumen Pharmaceuticals, Inc. has a market capitalization of $163M. Return on equity stands at -96.2%.

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.