Is Decoy Therapeutics Inc. (DCOY) Halal?

NASDAQ Healthcare United States $3M
✗ NOT HALAL
Confidence: 83/100
Decoy Therapeutics Inc. (DCOY) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 66.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Decoy Therapeutics Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 66.0%
/ 30%
724.3%
/ 30%
0.0%
/ 30%
N/A ✗ NOT HALAL
DJIM 66.0%
/ 33%
724.3%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
MSCI 7.3%
/ 33%
80.5%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 66.0%
/ 33%
724.3%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
FTSE 7.3%
/ 33%
80.5%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-290.88
P/B Ratio
0.1
EV/EBITDA
0.3
EV: -$2M
Revenue
$0
Beta
0.3
Low volatility
Current Ratio
3.3

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -139.6%
Return on Assets (ROA) -69.9%

Cash Flow & Balance Sheet

Operating Cash Flow-$5M
Free Cash Flow-$5M
Total Debt$221,866
Current Ratio3.3
Total Assets$3M

Price & Trading

Last Close$7.03
50-Day MA$8.51
200-Day MA$51.32
Avg Volume195K
Beta0.3
52-Week Range
$6.18
$415.80

About Decoy Therapeutics Inc. (DCOY)

CEO
Mr. Frederick E. Pierce II
Employees
2
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$3M
Currency
USD

Decoy Therapeutics Inc. focuses on advancing the peptide conjugate therapeutics through its Immediate Peptide/PPMO/P-PROTAC Alpha-helical Conjugate Technology (IMP3ACT) platform that reduces the complexity of drug development and manufacturing. Its IMP3ACT platform leverages machine learning and artificial intelligence tools alongside synthesis techniques to engineer, optimize, and manufacture peptide conjugates targeting various unmet medical needs. The company focuses on building a portfolio of peptide conjugate therapeutics focusing on infectious diseases and oncology. The company was formerly known as Salarius Pharmaceuticals, Inc. and change its name to Decoy Therapeutics Inc. in January 2026. Decoy Therapeutics Inc. is based in Cambridge, Massachusetts.

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Frequently Asked Questions

Is Decoy Therapeutics Inc. (DCOY) halal to invest in?

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

Decoy Therapeutics Inc.'s debt ratio is 66.0% 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 7.3%.

What are Decoy Therapeutics Inc.'s key financial metrics?

Decoy Therapeutics Inc. has a market capitalization of $3M. Return on equity stands at -139.6%.

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.