Is CalciMedica, Inc. (CALC) Halal?

NASDAQ Healthcare United States $9M
✗ NOT HALAL
Confidence: 67/100
CalciMedica, Inc. (CALC) is Not Halal under AAOIFI Standard 21. While the debt ratio of 0.0% is acceptable, the cash and interest-bearing securities ratio of 178.2% exceeds the 30% threshold. CalciMedica, Inc. 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%
178.2%
/ 30%
0.0%
/ 30%
N/A ✗ NOT HALAL
DJIM 0.0%
/ 33%
178.2%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
MSCI 0.0%
/ 33%
94.3%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 0.0%
/ 33%
178.2%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
FTSE 0.0%
/ 33%
94.3%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-1.97
P/B Ratio
-1.3
EV/EBITDA
-0.2
EV: $6M
Revenue
$0
Beta
1.2
High volatility
Current Ratio
3.6

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -761.0%
Return on Assets (ROA) -86.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$21M
Free Cash Flow-$21M
Total Debt$10M
Current Ratio3.6
Total Assets$14M

Price & Trading

Last Close$0.58
50-Day MA$1.42
200-Day MA$2.89
Avg Volume1.3M
Beta1.2
52-Week Range
$0.46
$7.20

About CalciMedica, Inc. (CALC)

CEO
Dr. A. Rachel Leheny Ph.D.
Employees
16
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$9M
Currency
USD

CalciMedica, Inc., a clinical-stage biopharmaceutical company, develops therapeutics for illnesses caused by inflammatory and immunologic processes and direct cellular damage. Its lead product candidate comprises Auxora, an intravenous formulated small molecule calcium release-activated calcium (CRAC) channel inhibitors for the treatment of acute pancreatitis, asparaginase-induced pancreatic toxicity, and acute kidney injury, as well as severe COVID-19 pneumonia. The company also develops Auxora for the treatment of ulcerative colitis, traumatic brain injury, and allergic asthma; and oral CRAC channel inhibitors for use in chronic inflammatory and immunologic disease. The company is based in La Jolla, California.

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Frequently Asked Questions

Is CalciMedica, Inc. (CALC) halal to invest in?

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

CalciMedica, Inc.'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 CalciMedica, Inc.'s key financial metrics?

CalciMedica, Inc. has a market capitalization of $9M. Return on equity stands at -761.0%.

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.