Is Bone Biologics Corp (BBLG) Halal?

NASDAQ Healthcare United States $2M
✗ NOT HALAL
Confidence: 67/100
Bone Biologics Corp (BBLG) is Not Halal under AAOIFI Standard 21. While the debt ratio of 0.0% is acceptable, the cash and interest-bearing securities ratio of 144.7% exceeds the 30% threshold. Bone Biologics Corp operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
144.7%
/ 30%
0.0%
/ 30%
N/A ✗ NOT HALAL
DJIM 0.0%
/ 33%
144.7%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
MSCI 0.0%
/ 33%
86.1%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 0.0%
/ 33%
144.7%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
FTSE 0.0%
/ 33%
86.1%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-2.65
P/B Ratio
0.4
Revenue
$0
Beta
0.4
Low volatility
Current Ratio
13.8

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -70.2%
Return on Assets (ROA) -41.9%

Cash Flow & Balance Sheet

Operating Cash Flow-$3M
Free Cash Flow-$3M
Current Ratio13.8
Total Assets$6M

Price & Trading

Last Close$1.11
50-Day MA$1.35
200-Day MA$2.18
Avg Volume35K
Beta0.4
52-Week Range
$1.10
$6.75

About Bone Biologics Corp (BBLG)

CEO
Mr. Jeffrey Frelick
Employees
2
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$2M
Currency
USD

Bone Biologics Corporation, a medical device company, focuses on bone regeneration in spinal fusion using the recombinant human protein in the United States. Its lead product is NELL-1/DBM medical device, an osteopromotive recombinant protein, which provides target specific control over bone regeneration. The company also develops NB1, a NELL-1/DBM fusion device for use in lumbar spinal fusion, as well as spine implants, non-union trauma cases, and osteoporosis applications. It serves spine surgeons and patients with a skeletal bone defect or bone-related condition in their spine. The company has a license agreement with the UCLA Technology Development Group to develop and commercialize NELL-1 for spinal fusion by local administration, osteoporosis, and trauma applications. Bone Biologics Corporation was founded in 2004 and is headquartered in Burlington, Massachusetts.

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Frequently Asked Questions

Is Bone Biologics Corp (BBLG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bone Biologics Corp 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 Bone Biologics Corp's debt ratio?

Bone Biologics Corp's debt ratio is 0.0% 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 0.0%.

What are Bone Biologics Corp's key financial metrics?

Bone Biologics Corp has a market capitalization of $2M. Return on equity stands at -70.2%.

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.