Is OKYO Pharma Ltd (OKYO) Halal?

NASDAQ Healthcare United Kingdom $80M
✓ HALAL
Confidence: 83/100
OKYO Pharma Ltd (OKYO) 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%, OKYO Pharma Ltd 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 March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
1.8%
/ 30%
2.2%
/ 30%
N/A ✓ HALAL
DJIM 0.0%
/ 33%
1.8%
/ 33%
2.2%
/ 33%
N/A ✓ HALAL
MSCI 0.0%
/ 33%
42.4%
/ 33%
51.4%
/ 33%
N/A ✗ NOT HALAL
S&P 0.0%
/ 33%
1.8%
/ 33%
2.2%
/ 33%
N/A ✓ HALAL
FTSE 0.0%
/ 33%
42.4%
/ 33%
51.4%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-0.11
P/B Ratio
-17.2
EV/EBITDA
-8.8
EV: $55M
Revenue
$0
Beta
-0.2
Low volatility
Current Ratio
0.6

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Assets (ROA) -104.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$2M
Free Cash Flow-$2M
Current Ratio0.6
Total Assets$4M

Price & Trading

Last Close$1.58
50-Day MA$1.85
200-Day MA$2.24
Avg Volume273K
Beta-0.2
52-Week Range
$1.03
$3.35

About OKYO Pharma Ltd (OKYO)

CEO
Mr. Robert J. Dempsey M.B.A.
Employees
4
Sector
Healthcare
Industry
Biotechnology
Country
United Kingdom
Exchange
NASDAQ
Market Cap
$80M
Currency
USD

OKYO Pharma Limited, a clinical-stage biopharmaceutical company, develops therapeutics for patients suffering from inflammatory eye diseases and ocular pain in the United Kingdom. Its lead clinical product candidate is urcosimod, which is in Phase II clinical trials for the treatment of dry eye disease; in Phase II clinical trial to treat neuropathic corneal pain; and is in preclinical trial to treat allergic conjunctivitis and uveitis. The company is also developing OK-201 for the treatment acute and chronic ocular pain. OKYO Pharma Limited was incorporated in 2007 and is headquartered in London, the United Kingdom.

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is OKYO Pharma Ltd (OKYO) halal to invest in?

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

OKYO Pharma Ltd'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 OKYO Pharma Ltd's key financial metrics?

OKYO Pharma Ltd has a market capitalization of $80M.

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.