Is LIMN halal?
Liminatus Pharma, Inc.
Not halal
Liminatus Pharma, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 14 October 2026
Exchange
NASDAQ
Price
3.04
Day
-5.30%
Market cap
$4.8M
Industry
Biotechnology
Sector
Healthcare
What the company does
Liminatus Pharma develops IBA101, an anti-CD47 antibody for lung and other solid cancers, in Phase 1 trials. No revenue.
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 $1.44M ÷ 36-month average market cap $73.13M = 2.0%
2.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $3.02M ÷ 36-month average market cap $73.13M = 4.1%
4.1%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
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: $4.77M.
For information (AAOIFI 3/1 note): cash + receivables are 65.8% of total assets (2025-12-31). 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
- 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 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.