Is CDT Equity Inc. (CDT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 303.8% / 30% | 22.6% / 30% | 19.9% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 303.8% / 33% | 22.6% / 33% | 19.9% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 177.8% / 33% | 13.2% / 33% | 11.7% / 33% | N/A | ✗ NOT HALAL |
| S&P | 303.8% / 33% | 22.6% / 33% | 19.9% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 177.8% / 33% | 13.2% / 33% | 11.7% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -207.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$10M |
| Free Cash Flow | -$10M |
| Total Debt | $7M |
| Debt-to-Equity | 43.8 |
| Current Ratio | 1.7 |
| Total Assets | $4M |
Price & Trading
| Last Close | $9.82 |
| 50-Day MA | $21.58 |
| 200-Day MA | $161.57 |
| Avg Volume | 686K |
| Beta | 1.8 |
|
52-Week Range
$7.45
| |
About CDT Equity Inc. (CDT)
CDT Equity Inc., a clinical-stage specialty biopharmaceutical company, develops pharmaceutical products that provides unmet medical needs in the areas of autoimmune diseases and idiopathic male infertility. Its pipeline includes AZD1656, which has completed Phase I trials for the treatment of type 2 diabetes, renal transplant, Hashimoto's thyroiditis, uveitis, and preterm labor; and AZD5904, which has completed Phase I clinical trials for the treatment of idiopathic male infertility. It has strategic services agreement with formulation development CDMO Agility Life Sciences to develop new solid oral-dosage form products. The company was formerly known as Conduit Pharmaceuticals Inc. and changed its name to CDT Equity Inc. in August 2025. The company was founded in 2019 and is based in Naples, Florida.
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Frequently Asked Questions
Is CDT Equity Inc. (CDT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CDT Equity 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 CDT Equity Inc.'s debt ratio?
CDT Equity Inc.'s debt ratio is 303.8% 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 177.8%.
What are CDT Equity Inc.'s key financial metrics?
CDT Equity Inc. has a market capitalization of $37M.
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.