Is IMMUCELL CORP /DE/ (ICCC) Halal?

NASDAQ Healthcare United States $59M
✓ HALAL
Confidence: 95/100
IMMUCELL CORP /DE/ (ICCC) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 25.3% against the AAOIFI threshold of 30%, IMMUCELL CORP /DE/ 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 25.3%
/ 30%
6.3%
/ 30%
6.4%
/ 30%
0.29%
/ 5%
✓ HALAL
DJIM 25.3%
/ 33%
6.3%
/ 33%
6.4%
/ 33%
0.29%
/ 5%
✓ HALAL
MSCI 33.5%
/ 33%
8.3%
/ 33%
8.5%
/ 33%
0.29%
/ 5%
✗ NOT HALAL
S&P 25.3%
/ 33%
6.3%
/ 33%
6.4%
/ 33%
0.29%
/ 5%
✓ HALAL
FTSE 33.5%
/ 33%
8.3%
/ 33%
8.5%
/ 50%
0.29%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.12
P/B Ratio
2.0
EV/EBITDA
15.8
EV: $69M
Revenue
$26M
Growth: -1.6%
Beta
0.3
Low volatility

Profitability

Gross Margin 41.4%
Operating Margin -0.8%
Net Margin -3.8%
Return on Equity (ROE) -3.6%

Cash Flow & Balance Sheet

Operating Cash Flow$357,903
Free Cash Flow-$107,822
Total Debt$15M
Debt-to-Equity45.7
Total Assets$45M

Price & Trading

Last Close$6.53
50-Day MA$6.40
200-Day MA$6.22
Avg Volume24K
Beta0.3
52-Week Range
$4.52
$7.60

About IMMUCELL CORP /DE/ (ICCC)

CEO
Mr. P. F. Olivier Te Boekhorst
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$59M
Currency
USD

ImmuCell Corporation, an animal health company, develops, manufactures, and sells products that enhance the health and productivity of dairy and beef cattle in the United States and internationally. It operates through two segments: Scours and Mastitis. The company offers First Defense, an orally delivered scours preventive product for calves with claims against E. coli, coronavirus, and rotavirus; and Tri-Shield First Defense, a passive antibody product for the treatment of E. coli, coronavirus, and rotavirus. It also provides California Mastitis Test, a quick on-farm diagnostic that is used to detect somatic cell counts in milk, as well as to determine, which quarter of the udder is mastitic; and Dual-Force First Defense, a bivalent gel tube formulation. In addition, the company developing Re-Tain Drug Product, a Nisin-based intramammary treatment of subclinical mastitis in lactating dairy cows. It sells its products through animal health distributors. ImmuCell Corporation was incorporated in 1982 and is headquartered in Portland, Maine.

Purification Calculator

As a halal stock with 0.29% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is IMMUCELL CORP /DE/ (ICCC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), IMMUCELL CORP /DE/ 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 IMMUCELL CORP /DE/'s debt ratio?

IMMUCELL CORP /DE/'s debt ratio is 25.3% 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 33.5%.

Does IMMUCELL CORP /DE/ require dividend purification?

Yes, IMMUCELL CORP /DE/ has an impermissible income ratio of 0.29%, which means 0.29% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are IMMUCELL CORP /DE/'s key financial metrics?

IMMUCELL CORP /DE/ has a market capitalization of $59M, and revenue of $26M. The company maintains a gross margin of 41.4% and a net margin of -3.8%. Return on equity stands at -3.6%.

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.