Is Turn Therapeutics Inc. (TTRX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 0.8% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 0.1% / 33% | 0.8% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 5.9% / 33% | 42.6% / 33% | 0.0% / 33% | N/A | ✗ NOT HALAL |
| S&P | 0.1% / 33% | 0.8% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 5.9% / 33% | 42.6% / 33% | 0.0% / 50% | N/A | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -2324.8% | |
| Return on Assets (ROA) | -78.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$1M |
| Free Cash Flow | -$1M |
| Total Debt | $121,036 |
| Debt-to-Equity | 18.1 |
| Current Ratio | 1.4 |
| Total Assets | $2M |
Price & Trading
| Last Close | $3.40 |
| 50-Day MA | $3.79 |
| 200-Day MA | $4.04 |
| Avg Volume | 37K |
|
52-Week Range
$2.57
| |
About Turn Therapeutics Inc. (TTRX)
Turn Therapeutics Inc., operates as a pharmaceuticals company that develops drugs to treat diseases of the skin, nails, and eye. The company's delivery technology penetrates the skin and nails and reduces antibiotic resistance through acute and chronic wound care products, enabling healthcare institutions to care for a variety of skin conditions, ranging from acute to chronic wounds, skin conditions, and dermatoses. The company was formerly known as Global Health Solutions, Inc and change its name to Turn Therapeutics Inc. in September 2025. Turn Therapeutics Inc. was incorporated in 2015 and is based in Westlake Village, California.
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Frequently Asked Questions
Is Turn Therapeutics Inc. (TTRX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Turn Therapeutics Inc. 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 Turn Therapeutics Inc.'s debt ratio?
Turn Therapeutics Inc.'s debt ratio is 0.1% 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 5.9%.
What are Turn Therapeutics Inc.'s key financial metrics?
Turn Therapeutics Inc. has a market capitalization of $102M. Return on equity stands at -2324.8%.
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.