Is ACHIEVE LIFE SCIENCES, INC. (ACHV) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.4% / 30% | 15.1% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 4.4% / 33% | 15.1% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 25.8% / 33% | 88.9% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 4.4% / 33% | 15.1% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 25.8% / 33% | 88.9% / 33% | 0.0% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -257.7% | |
| Return on Assets (ROA) | -85.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$30M |
| Free Cash Flow | -$30M |
| Total Debt | $10M |
| Debt-to-Equity | 69.5 |
| Current Ratio | 4.4 |
| Total Assets | $39M |
Price & Trading
| Last Close | $2.89 |
| 50-Day MA | $4.34 |
| 200-Day MA | $3.81 |
| Avg Volume | 576K |
| Beta | 1.8 |
|
52-Week Range
$1.84
| |
About ACHIEVE LIFE SCIENCES, INC. (ACHV)
Achieve Life Sciences, Inc., a late-stage pharmaceutical company, develops and commercializes cytisinicline for nicotine independence in Canada, the United States, and the United Kingdom. The company offers cytisinicline, a plant-based alkaloid that interacts with nicotine receptors in the brain that reduce the severity of nicotine withdrawal symptoms. It has license and supply agreement with Sopharma AD and University of Bristol. Achieve Life Sciences, Inc., is headquartered in Bothell, Washington.
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Frequently Asked Questions
Is ACHIEVE LIFE SCIENCES, INC. (ACHV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ACHIEVE LIFE SCIENCES, INC. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ACHIEVE LIFE SCIENCES, INC.'s debt ratio?
ACHIEVE LIFE SCIENCES, INC.'s debt ratio is 4.4% 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 25.8%.
What are ACHIEVE LIFE SCIENCES, INC.'s key financial metrics?
ACHIEVE LIFE SCIENCES, INC. has a market capitalization of $141M. Return on equity stands at -257.7%.
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.