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AAOIFI No. 21 screening

Is ADPT halal?

Adaptive Biotechnologies Corpor

Halal

Adaptive Biotechnologies Corpor passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.

Checked: 14 October 2026

Exchange

NASDAQ

Price

24.02

Day

-6.10%

Market cap

$4.10B

Industry

Diagnostics & Research

Sector

Healthcare

What the company does

Adaptive Biotechnologies sequences the immune system: clonoSEQ (a blood-cancer residual-disease test — the main revenue) and immune-medicine research. Its money comes from test 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 $334.88M ÷ 36-month average market cap $1.51B = 22.1%

    22.1%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $371.74M ÷ 36-month average market cap $1.51B = 24.6%

    24.6%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $9.44M ÷ annual revenue $276.98M (2025) = 3.4%

    3.4%

    Pass

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: $4.10B.

For information (AAOIFI 3/1 note): cash + receivables are 61.5% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.

In the lists

In the S&P 500
Not in the S&P 500
Among halal stocks
0.01% · #620 of 1454

Superinvestors

SEC 13F, 2026 Q3. Up to 45 days delayed.

Held by 2 superinvestors · Average reported price: $21.45

All superinvestor portfolios

Halal stocks in the same industry

The largest halal stocks in Diagnostics & Research — for comparison.

Related articles

Halal is the first question. The second: when to enter?

Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.

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.

Earnings historyADPT's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →