Is Corbus Pharmaceuticals Holdings, Inc. (CRBP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.3% / 30% | 106.0% / 30% | 0.0% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 2.3% / 33% | 106.0% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 2.1% / 33% | 95.6% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 2.3% / 33% | 106.0% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 2.1% / 33% | 95.6% / 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) | -54.2% | |
| Return on Assets (ROA) | -32.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$42M |
| Free Cash Flow | -$42M |
| Total Debt | $3M |
| Debt-to-Equity | 1.1 |
| Current Ratio | 8.1 |
| Total Assets | $156M |
Price & Trading
| Last Close | $9.24 |
| 50-Day MA | $8.45 |
| 200-Day MA | $10.01 |
| Avg Volume | 182K |
| Beta | 2.9 |
|
52-Week Range
$4.64
| |
About Corbus Pharmaceuticals Holdings, Inc. (CRBP)
Corbus Pharmaceuticals Holdings, Inc., a clinical stage company, develops and commercializes therapeutics for cancer and obesity. Its pipeline includes CRB-701, an antibody drug conjugate that targets the expression of Nectin-4 on cancer cells to release a cytotoxic payload of monomethyl auristatin E; and CRB-913, a peripherally restricted cannabinoid type-1 receptor inverse agonist for the treatment of obesity. The company was incorporated in 2009 and is headquartered in Norwood, Massachusetts.
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Frequently Asked Questions
Is Corbus Pharmaceuticals Holdings, Inc. (CRBP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Corbus Pharmaceuticals Holdings, 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 Corbus Pharmaceuticals Holdings, Inc.'s debt ratio?
Corbus Pharmaceuticals Holdings, Inc.'s debt ratio is 2.3% 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 2.1%.
What are Corbus Pharmaceuticals Holdings, Inc.'s key financial metrics?
Corbus Pharmaceuticals Holdings, Inc. has a market capitalization of $154M. Return on equity stands at -54.2%.
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.