Is Korro Bio, Inc. (KRRO) Halal?

NASDAQ Healthcare United States $150M
✗ NOT HALAL
Confidence: 90/100
Korro Bio, Inc. (KRRO) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 42.5% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Korro Bio, Inc. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 42.5%
/ 30%
119.8%
/ 30%
1.6%
/ 30%
372.96%
/ 5%
✗ NOT HALAL
DJIM 42.5%
/ 33%
119.8%
/ 33%
1.6%
/ 33%
372.96%
/ 5%
✗ NOT HALAL
MSCI 19.8%
/ 33%
55.7%
/ 33%
0.7%
/ 33%
372.96%
/ 5%
✗ NOT HALAL
S&P 42.5%
/ 33%
119.8%
/ 33%
1.6%
/ 33%
372.96%
/ 5%
✗ NOT HALAL
FTSE 19.8%
/ 33%
55.7%
/ 33%
0.7%
/ 50%
372.96%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-12.48
P/B Ratio
1.9
EV/EBITDA
-1.4
EV: $118M
Revenue
$6M
Growth: -43.1%
Beta
2.5
High volatility
Current Ratio
6.9

Profitability

Gross Margin 0.0%
Operating Margin -1229.3%
Net Margin 0.0%
Return on Equity (ROE) -110.7%
Return on Assets (ROA) -32.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$79M
Free Cash Flow-$79M
Total Debt$43M
Debt-to-Equity84.5
Current Ratio6.9
Total Assets$114M

Price & Trading

Last Close$10.91
50-Day MA$11.43
200-Day MA$18.66
Avg Volume238K
Beta2.5
52-Week Range
$5.20
$55.89

About Korro Bio, Inc. (KRRO)

CEO
Dr. Ram Aiyar MBA, Ph.D.
Employees
58
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$150M
Currency
USD

Korro Bio, Inc., a biopharmaceutical company, engages in the discovering, developing, and commercializing of genetic medicines based on editing RNA for the treatment of rare and highly prevalent diseases in the United States. The company's lead product candidate is KRRO-121 for the treatment for hyperammonemia. It uses its RNA editing platform, Oligonucleotide Promoted Editing of RNA to generate differentiated RNA editing product candidates. The company is also developing programs for Parkinson's disease, Amyotrophic lateral sclerosis, severe drug-associated anesthetics, and other pain indications. Korro Bio, Inc. has a collaboration agreement with Novo Nordisk A/S to treat cardiometabolic diseases. Korro Bio, Inc. was founded in 2018 and is based in Cambridge, Massachusetts.

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Frequently Asked Questions

Is Korro Bio, Inc. (KRRO) halal to invest in?

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

Korro Bio, Inc.'s debt ratio is 42.5% 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 19.8%.

What are Korro Bio, Inc.'s key financial metrics?

Korro Bio, Inc. has a market capitalization of $150M, and revenue of $6M. Return on equity stands at -110.7%.

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.