Is PepGen Inc. (PEPG) Halal?

NASDAQ Healthcare United States $312M
✗ NOT HALAL
Confidence: 83/100
PepGen Inc. (PEPG) is Not Halal under AAOIFI Standard 21. While the debt ratio of 4.8% is acceptable, the cash and interest-bearing securities ratio of 30.8% exceeds the 30% threshold. PepGen 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 4.8%
/ 30%
30.8%
/ 30%
0.0%
/ 30%
N/A ✗ NOT HALAL
DJIM 4.8%
/ 33%
30.8%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 12.4%
/ 33%
79.7%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 4.8%
/ 33%
30.8%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 12.4%
/ 33%
79.7%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-2.12
P/B Ratio
2.1
EV/EBITDA
-2.0
EV: $181M
Revenue
$0
Beta
1.9
High volatility
Current Ratio
11.9

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -67.4%
Return on Assets (ROA) -36.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$82M
Free Cash Flow-$82M
Total Debt$17M
Debt-to-Equity11.5
Current Ratio11.9
Total Assets$174M

Price & Trading

Last Close$4.89
50-Day MA$5.59
200-Day MA$3.95
Avg Volume719K
Beta1.9
52-Week Range
$0.88
$7.80

About PepGen Inc. (PEPG)

CEO
Dr. James G. McArthur Ph.D.
Employees
56
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$312M
Currency
USD

PepGen Inc., a clinical-stage biotechnology company, develops oligonucleotide therapeutics for the treatment of severe neuromuscular and neurologic diseases in the United States. The company engages in the development of PGN-EDODM1, an EDO peptide-conjugated PMO, which is in Phase 2 clinical trial for the treatment of myotonic dystrophy type 1; and FREEDOM2-DM1, which is in Phase 2 for the treatment of myotonic dystrophy type 1. It is also involved in FREEDOM-OLE, an open label expansion study. The company was founded in 2018 and is based in Boston, Massachusetts.

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Frequently Asked Questions

Is PepGen Inc. (PEPG) halal to invest in?

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

PepGen Inc.'s debt ratio is 4.8% 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 12.4%.

What are PepGen Inc.'s key financial metrics?

PepGen Inc. has a market capitalization of $312M. Return on equity stands at -67.4%.

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.