Is Legend Biotech Corp (LEGN) Halal?

NASDAQ Healthcare United States $3.1B
✗ NOT HALAL
Confidence: 90/100
Legend Biotech Corp (LEGN) is Not Halal under AAOIFI Standard 21. While the debt ratio of 10.0% is acceptable, the cash and interest-bearing securities ratio of 32.0% exceeds the 30% threshold. Legend Biotech Corp 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 10.0%
/ 30%
32.0%
/ 30%
3.6%
/ 30%
9.76%
/ 5%
✗ NOT HALAL
DJIM 10.0%
/ 33%
32.0%
/ 33%
3.6%
/ 33%
9.76%
/ 5%
✗ NOT HALAL
MSCI 21.0%
/ 33%
67.2%
/ 33%
7.5%
/ 33%
9.76%
/ 5%
✗ NOT HALAL
S&P 10.0%
/ 33%
32.0%
/ 33%
3.6%
/ 33%
9.76%
/ 5%
✗ NOT HALAL
FTSE 21.0%
/ 33%
67.2%
/ 33%
7.5%
/ 50%
9.76%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-1.62
P/B Ratio
3.1
EV/EBITDA
-44.7
EV: $5.7B
Revenue
$1.0B
Growth: 64.2%
Beta
0.1
Low volatility
Current Ratio
2.0

Profitability

Gross Margin 20.0%
Operating Margin -6.7%
Net Margin -28.8%
Return on Equity (ROE) -29.1%
Return on Assets (ROA) -5.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$100M
Free Cash Flow-$129M
Total Debt$414M
Debt-to-Equity41.3
Current Ratio2.0
Total Assets$1.7B

Price & Trading

Last Close$17.49
50-Day MA$18.52
200-Day MA$28.90
Avg Volume2.3M
Beta0.1
52-Week Range
$16.24
$45.30

About Legend Biotech Corp (LEGN)

CEO
Dr. Ying Huang Ph.D.
Employees
2,900
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$3.1B
Currency
USD

Legend Biotech Corporation, through its subsidiaries, operates as a biopharmaceutical company that discovers, develops, manufactures, and commercializes novel cell therapies for oncology and other indications in the United States, China, and Europe. Its lead product candidate is ciltacabtagene autoleucel, or cilta-cel, which is a chimeric antigen receptor (CAR-T) therapy for the treatment of multiple myeloma (MM). The company also has a portfolio of earlier-stage autologous CAR-T product candidates targeting various cancers, including acute lymphoblastic leukemia, gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, small cell lung cancer, and non-small cell lung cancer. In addition, it develops allogeneic gamma delta CAR-T and allogeneic CAR-NK product candidates targeting B-cell maturation antigen (BCMA) for MM, which are in investigator-initiated Phase 1 clinical trials in China. The company has a collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of cilta-cel, as well as a license agreement with Novartis Pharma AG for the development, manufacture, and commercialization of CAR-T cell therapies targeting delta-like ligand protein 3. Legend Biotech Corporation was founded in 2014 and is headquartered in Somerset, New Jersey.

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is Legend Biotech Corp (LEGN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Legend Biotech Corp 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 Legend Biotech Corp's debt ratio?

Legend Biotech Corp's debt ratio is 10.0% 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 21.0%.

What are Legend Biotech Corp's key financial metrics?

Legend Biotech Corp has a market capitalization of $3.1B, and revenue of $1.0B. The company maintains a gross margin of 20.0% and a net margin of -28.8%. Return on equity stands at -29.1%.

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.