Is TScan Therapeutics, Inc. (TCRX) Halal?

NASDAQ Healthcare United States $56M
✗ NOT HALAL
Confidence: 83/100
TScan Therapeutics, Inc. (TCRX) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 153.2% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. TScan Therapeutics, 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 153.2%
/ 30%
456.5%
/ 30%
0.0%
/ 30%
428.44%
/ 5%
✗ NOT HALAL
DJIM 153.2%
/ 33%
456.5%
/ 33%
0.0%
/ 33%
428.44%
/ 5%
✗ NOT HALAL
MSCI 26.2%
/ 33%
78.2%
/ 33%
0.0%
/ 33%
428.44%
/ 5%
✗ NOT HALAL
S&P 153.2%
/ 33%
456.5%
/ 33%
0.0%
/ 33%
428.44%
/ 5%
✗ NOT HALAL
FTSE 26.2%
/ 33%
78.2%
/ 33%
0.0%
/ 50%
428.44%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-1.00
P/B Ratio
0.5
EV/EBITDA
0.0
EV: -$2M
Revenue
$10M
Growth: 286.0%
Beta
1.0
Average volatility
Current Ratio
8.4

Profitability

Gross Margin 0.0%
Operating Margin -851.5%
Net Margin 0.0%
Return on Equity (ROE) -71.3%
Return on Assets (ROA) -27.9%

Cash Flow & Balance Sheet

Operating Cash Flow-$135M
Free Cash Flow-$140M
Total Debt$94M
Debt-to-Equity76.5
Current Ratio8.4
Total Assets$229M

Price & Trading

Last Close$1.03
50-Day MA$1.06
200-Day MA$1.44
Avg Volume556K
Beta1.0
52-Week Range
$0.88
$2.57

About TScan Therapeutics, Inc. (TCRX)

CEO
Dr. Gavin MacBeath Ph.D.
Employees
142
Sector
Healthcare
Industry
Biotechnology
Country
United States
Exchange
NASDAQ
Market Cap
$56M
Currency
USD

TScan Therapeutics, Inc., a clinical-stage biotechnology company, develops T cell receptor-engineered T cell (TCR-T) therapies for the treatment of patients with cancer in the United States. The company's lead product is TSC-101, for the treatment of patients with acute myeloid leukemia (AML), myelodysplastic syndrome (MDS), and acute lymphoblastic leukemia (ALL) in patients undergoing allogeneic hematopoietic cell transplantation (HCT), which is in Phase I clinical trial, as well as eliminates residual disease and promotes donor chimerism. It also develops TSC-102-A01 and TSC-102-A03, which are allogeneic and donor-derived TCR-T therapy candidates targeting epitopes. In addition, the company develops TSC-200, TSC-201, TSC-202, TSC-203, and TSC-204 for the treatment of solid tumors. It has a research collaboration and license agreement with Amgen Inc. to identify antigens recognized by T cells in patients with Crohn's disease. TScan Therapeutics, Inc. was incorporated in 2018 and is headquartered in Waltham, Massachusetts.

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Frequently Asked Questions

Is TScan Therapeutics, Inc. (TCRX) halal to invest in?

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

TScan Therapeutics, Inc.'s debt ratio is 153.2% 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 26.2%.

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

TScan Therapeutics, Inc. has a market capitalization of $56M, and revenue of $10M. Return on equity stands at -71.3%.

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.