Is Kalaris Therapeutics, Inc. (KLRS) Halal?

NASDAQ Healthcare United States $124M
✓ HALAL
Confidence: 67/100
Kalaris Therapeutics, Inc. (KLRS) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.0% against the AAOIFI threshold of 30%, Kalaris 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 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
1.7%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 0.0%
/ 33%
1.7%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 0.0%
/ 33%
95.1%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 0.0%
/ 33%
1.7%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 0.0%
/ 33%
95.1%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-2.85
P/B Ratio
1.6
EV/EBITDA
-0.2
EV: $7M
Revenue
$0
Current Ratio
12.2

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -308.1%
Return on Assets (ROA) -45.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$38M
Free Cash Flow-$39M
Total Debt$1M
Debt-to-Equity1.8
Current Ratio12.2
Total Assets$122M

Price & Trading

Last Close$5.82
50-Day MA$9.03
200-Day MA$5.92
Avg Volume68K
52-Week Range
$2.14
$11.88

About Kalaris Therapeutics, Inc. (KLRS)

CEO
Mr. Andrew Oxtoby
Employees
20
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$124M
Currency
USD

Kalaris Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the development and commercialization of treatments for prevalent retinal diseases. It develops TH103, a clinical-stage anti-vascular endothelial growth factor (VEGF) drug for the treatment of neovascular age-related macular degeneration (nAMD), which is in Phase 1b/2, as well as for the treatment of other exudative and neovascular retinal diseases. Kalaris Therapeutics, Inc. was formerly known as Theia Therapeutics, Inc. and changed its name to Kalaris Therapeutics, Inc. in May 2024. The company was founded in 2019 and is headquartered in Berkeley Heights, New Jersey.

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Frequently Asked Questions

Is Kalaris Therapeutics, Inc. (KLRS) halal to invest in?

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

Kalaris Therapeutics, Inc.'s debt ratio is 0.0% 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 0.0%.

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

Kalaris Therapeutics, Inc. has a market capitalization of $124M. Return on equity stands at -308.1%.

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.