Is Eikon Therapeutics, Inc. (EIKN) Halal?

NASDAQ Healthcare United States $530M
✓ HALAL
Confidence: 83/100
Eikon Therapeutics, Inc. (EIKN) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 26.1% against the AAOIFI threshold of 30%, Eikon Therapeutics, Inc. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Biotechnology), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 26.1%
/ 30%
28.4%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 26.1%
/ 33%
28.4%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 41.2%
/ 33%
44.8%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 26.1%
/ 33%
28.4%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 41.2%
/ 33%
44.8%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-5.91
P/B Ratio
-0.0
EV/EBITDA
-2.9
EV: $820M
Revenue
$0
Current Ratio
8.8

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$135M
Free Cash Flow-$220M
Total Debt$202M
Debt-to-Equity85.7
Current Ratio8.8
Total Assets$491M

Price & Trading

Last Close$10.53
50-Day MA$13.55
200-Day MA$13.55
Avg Volume563K
52-Week Range
$9.81
$17.40

About Eikon Therapeutics, Inc. (EIKN)

CEO
Dr. Roger M. Perlmutter M.D., Ph.D.
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$530M
Currency
USD

Eikon Therapeutics, Inc., operates as a clinical biopharmaceutical company in the United States. It develops medicines to address serious unmet medical needs using a platform that permits precise characterization of protein interactions in living cells. Its products include EIK1001, a systemically administered TLR 7/8 dual-agonist designed to activate innate and adaptive immune anti-tumor responses; EIK1003 and EIK1004, which are selective PARP1 inhibitors in ovarian, breast, prostate, and pancreatic cancers and, specifically with the brain-penetrant; EIK1004 to address brain metastases and primary brain malignancies; EIK1005, a potent WRN helicase inhibitor and anti-tumor agent for MSI-high tumors; and EIK1006, a clinical candidate and next-generation androgen receptor antagonist with activity against multiple clinically emergent variants of androgen receptor. The company was incorporated in 2019 and is based in Millbrae, California.

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Frequently Asked Questions

Is Eikon Therapeutics, Inc. (EIKN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Eikon Therapeutics, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Eikon Therapeutics, Inc.'s debt ratio?

Eikon Therapeutics, Inc.'s debt ratio is 26.1% 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 41.2%.

What are Eikon Therapeutics, Inc.'s key financial metrics?

Eikon Therapeutics, Inc. has a market capitalization of $530M.

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.