Is Innate Pharma SA (IPHA) Halal?

NASDAQ Healthcare France $126M
✗ NOT HALAL
Confidence: 90/100
Innate Pharma SA (IPHA) is Not Halal under AAOIFI Standard 21. While the debt ratio of 20.7% is acceptable, the cash and interest-bearing securities ratio of 53.9% exceeds the 30% threshold. Innate Pharma SA 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 20.7%
/ 30%
53.9%
/ 30%
1.1%
/ 30%
19.31%
/ 5%
✗ NOT HALAL
DJIM 20.7%
/ 33%
53.9%
/ 33%
1.1%
/ 33%
19.31%
/ 5%
✗ NOT HALAL
MSCI 27.9%
/ 33%
72.7%
/ 33%
1.5%
/ 33%
19.31%
/ 5%
✗ NOT HALAL
S&P 20.7%
/ 33%
53.9%
/ 33%
1.1%
/ 33%
19.31%
/ 5%
✗ NOT HALAL
FTSE 27.9%
/ 33%
72.7%
/ 33%
1.5%
/ 50%
19.31%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.64
P/B Ratio
-4.8
EV/EBITDA
-2.0
EV: $108M
Revenue
$13M
Growth: -46.7%
Current Ratio
1.3

Profitability

Gross Margin 100.0%
Operating Margin -689.6%
Net Margin 0.0%
Return on Assets (ROA) -38.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$7M
Free Cash Flow-$7M
Total Debt$31M
Current Ratio1.3
Total Assets$111M

Price & Trading

Last Close$1.25
50-Day MA$1.62
200-Day MA$1.87
Avg Volume20K
52-Week Range
$1.17
$2.63

About Innate Pharma SA (IPHA)

CEO
Mr. Jonathan E. Dickinson B.Sc., M.B.A.
Sector
Healthcare
Industry
Biotechnology
Country
France
Exchange
NASDAQ
Market Cap
$126M
Currency
USD

Innate Pharma S.A. operates as a biotechnology company that develops immunotherapies for cancer patients in France and internationally. The company's products include Lacutamab (IPH4102), an anti-KIR3DL2 antibody, which is in Phase II clinical trials for the treatment of cutaneous T-cell and peripheral T-cell lymphoma, as well as in Phase II clinical trials to treat refractory sézary syndrome; Monalizumab, an immune checkpoint inhibitor that is in Phase III clinical trial to treat advanced solid tumors comprising colorectal and lung cancer, as well as head and neck cancer; IPH5201, a blocking antibody that is in Phase II clinical trials targeting the CD39 immunosuppressive pathway; IPH5301, an anti-CD73 antibody targeting the immunosuppressive adenosine pathway to promote antitumor immunity; IPH6401, an BCMA-targeting NK cell engager; and IPH6101, a NKp46-based NK cell engager that targets CD123 proprietary multi-specific antibody format; and IPH62, an B7-H3-targeting NK cell engager. Its products in preclinical trials are IPH43, an anti-MICA/B ADC and IPH45, an antibody drug conjugates (ADC); and IPH67, an undisclosed, multi-specific ANKET. The company has licensing and collaboration agreements with AstraZeneca, Novo Nordisk A/S, Sanofi, and Orega Biotech; and co-development and license agreement with MedImmune Limited. Innate Pharma S.A. was incorporated in 1999 and is based in Marseille, France.

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Frequently Asked Questions

Is Innate Pharma SA (IPHA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Innate Pharma SA 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 Innate Pharma SA's debt ratio?

Innate Pharma SA's debt ratio is 20.7% 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 27.9%.

What are Innate Pharma SA's key financial metrics?

Innate Pharma SA has a market capitalization of $126M, and revenue of $13M.

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.