Is ACRS halal?
Aclaris Therapeutics, Inc.
Not halal
Aclaris Therapeutics, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
NASDAQ
Price
3.28
Day
-6.02%
Market cap
$506.4M
Industry
Biotechnology
Sector
Healthcare
What the company does
Aclaris Therapeutics is a clinical-stage biotech developing drugs for immuno-inflammatory diseases (bosakatug for atopic dermatitis, ATI-2138 for alopecia). Its money so far comes from partnership/licensing payments.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $0 ÷ 36-month average market cap $240.98M = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $170.62M ÷ 36-month average market cap $240.98M = 70.8%
70.8%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $7.64M ÷ annual revenue $7.83M (2025) = 97.6%
97.6%
Fail
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $506.36M.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Biotechnology — for comparison.
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- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
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This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.