Is CANF halal?
Can-Fite Biopharma Ltd
Not halal
Can-Fite Biopharma Ltd did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
AMEX
Price
1.76
Day
-4.86%
Market cap
$5.8M
Industry
Biotechnology
Sector
Healthcare
What the company does
Can-Fite BioPharma (Israel) is testing namodenoson (liver cancer, fatty liver) and piclidenoson (psoriasis) in clinical trials. Revenue is negligible (licence advances).
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 ÷ current market cap $5.81M = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $8.54M ÷ current market cap $5.81M = 147.0%
147.0%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $284K ÷ annual revenue $405K (2025) = 70.1%
70.1%
Fail
Figures from the company's filings (2025-12-31), 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.
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 investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- 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?
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.