Is Immix Biopharma, Inc. (IMMX) Halal?

NASDAQ Healthcare United States $432M
✓ HALAL
Confidence: 95/100
Immix Biopharma, Inc. (IMMX) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.2% against the AAOIFI threshold of 30%, Immix Biopharma, 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 0.2%
/ 30%
3.6%
/ 30%
0.4%
/ 30%
N/A ✓ HALAL
DJIM 0.2%
/ 33%
3.6%
/ 33%
0.4%
/ 33%
N/A ✓ HALAL
MSCI 4.7%
/ 33%
77.1%
/ 33%
8.6%
/ 33%
N/A ✗ NOT HALAL
S&P 0.2%
/ 33%
3.6%
/ 33%
0.4%
/ 33%
N/A ✓ HALAL
FTSE 4.7%
/ 33%
77.1%
/ 33%
8.6%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-0.89
P/B Ratio
4.6
EV/EBITDA
-11.2
EV: $332M
Revenue
$0
Beta
0.3
Low volatility
Current Ratio
10.0

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -55.0%
Return on Assets (ROA) -29.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$15M
Free Cash Flow-$16M
Total Debt$1M
Debt-to-Equity1.1
Current Ratio10.0
Total Assets$23M

Price & Trading

Last Close$8.72
50-Day MA$7.72
200-Day MA$4.39
Avg Volume881K
Beta0.3
52-Week Range
$1.34
$11.61

About Immix Biopharma, Inc. (IMMX)

CEO
Dr. Ilya Rachman M.B.A., M.D., Ph.D.
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$432M
Currency
USD

Immix Biopharma, Inc., a clinical-stage biopharmaceutical company, engages in the development of chimeric antigen receptor cell therapy in light chain Amyloidosis and immune-mediated diseases in the United States and Australia. The company' lead product is NXC-201 for relapsed/refractory AL Amyloidos. It has a clinical collaboration and supply agreement with BeiGene Ltd. for a combination Phase 1b clinical trial in solid tumors of IMX-110 and anti-PD-1 Tislelizumab. Immix Biopharma, Inc., was incorporated in 2012 and is headquartered in Los Angeles, California.

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Frequently Asked Questions

Is Immix Biopharma, Inc. (IMMX) halal to invest in?

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

Immix Biopharma, Inc.'s debt ratio is 0.2% 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 4.7%.

What are Immix Biopharma, Inc.'s key financial metrics?

Immix Biopharma, Inc. has a market capitalization of $432M. Return on equity stands at -55.0%.

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.