Is KalVista Pharmaceuticals, Inc. (KALV) Halal?

NASDAQ Healthcare United States $990M
✓ HALAL
Confidence: 95/100
KalVista Pharmaceuticals, Inc. (KALV) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.8% against the AAOIFI threshold of 30%, KalVista Pharmaceuticals, 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 April 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.8%
/ 30%
26.9%
/ 30%
1.8%
/ 30%
N/A ✓ HALAL
DJIM 0.8%
/ 33%
26.9%
/ 33%
1.8%
/ 33%
N/A ✓ HALAL
MSCI 2.5%
/ 33%
88.0%
/ 33%
6.0%
/ 33%
N/A ✗ NOT HALAL
S&P 0.8%
/ 33%
26.9%
/ 33%
1.8%
/ 33%
N/A ✓ HALAL
FTSE 2.5%
/ 33%
88.0%
/ 33%
6.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-3.94
P/B Ratio
-364.7
EV/EBITDA
-5.9
EV: $974M
Revenue
$0
Beta
-0.3
Low volatility
Current Ratio
5.6

Profitability

Gross Margin 25.7%
Operating Margin -21.2%
Net Margin -223.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$153M
Free Cash Flow-$154M
Total Debt$6M
Current Ratio5.6
Total Assets$251M

Price & Trading

Last Close$18.95
50-Day MA$16.05
200-Day MA$14.18
Avg Volume982K
Beta-0.3
52-Week Range
$9.23
$19.95

About KalVista Pharmaceuticals, Inc. (KALV)

CEO
Mr. Benjamin L. Palleiko
Employees
275
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$990M
Currency
USD

KalVista Pharmaceuticals, Inc., a biopharmaceutical company, develops oral therapies for individuals for rare diseases with unmet needs. Its lead product candidate is EKTERLY, a fast-acting potent inhibitor of plasma kallikrein for the treatment of acute attacks of hereditary angioedema (HAE). The company is also developing is developing an orally disintegrating tablet formulation; KONFIDENT-KID for pediatric use with HAE; KONFIDENT; and KONFIDENT-S to evaluate sebetralstat and ODT formulation in adolescent and adult patients. KalVista Pharmaceuticals, Inc. is headquartered in Framingham, Massachusetts.

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Frequently Asked Questions

Is KalVista Pharmaceuticals, Inc. (KALV) halal to invest in?

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

KalVista Pharmaceuticals, Inc.'s debt ratio is 0.8% 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 2.5%.

What are KalVista Pharmaceuticals, Inc.'s key financial metrics?

KalVista Pharmaceuticals, Inc. has a market capitalization of $990M. The company maintains a gross margin of 25.7% and a net margin of -223.2%.

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.