Is NBTX halal?
Nanobiotix S.A.
Halal
Nanobiotix S.A. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
21.3
Day
-4.18%
Market cap
$1.14B
Industry
Biotechnology
Sector
Healthcare
What the company does
Nanobiotix (France) is developing a nanoparticle radioenhancer (JNJ-1900/NBTXR3, boosting radiotherapy), licensed to Johnson & Johnson. Revenue comes from partnership payments; no commercial product yet.
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 $106.87M ÷ 36-month average market cap $413.28M = 25.9%
25.9%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $59.14M ÷ 36-month average market cap $413.28M = 14.3%
14.3%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $1.10M ÷ annual revenue $33.24M (2025) = 3.3%
3.3%
Pass
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. Today's market cap: $1.14B.
For information (AAOIFI 3/1 note): cash + receivables are 89.2% 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
- Among halal stocks
- 0.00% · #868 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Biotechnology — for comparison.
Related articles
- Halal investingBlogHow to calculate purification for a halal stockEven a halal company earns a little interest. A simple formula and worked example for how much of your dividend to give to charity.
- GuideBlogDividends, zakat and tax: a practical guide for US stock holdersHow much US tax is withheld from dividends, what to declare in Uzbekistan, and how zakat on shares is calculated — with one worked example.
- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.