Is RCKT halal?
Rocket Pharmaceuticals, Inc.
Doubtful
No clear verdict is possible for Rocket Pharmaceuticals, Inc. — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.
Checked: 15 October 2026
Exchange
NASDAQ
Price
2.18
Day
-7.63%
Market cap
$254.7M
Industry
Biotechnology
Sector
Healthcare
What the company does
Rocket Pharmaceuticals is a gene-therapy biotech targeting rare pediatric diseases (Danon cardiomyopathy — RP-A501, Fanconi anemia, LAD-I). No revenue; in trials.
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 $21.27M ÷ 36-month average market cap $1.13B = 1.9%
1.9%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $283.75M ÷ 36-month average market cap $1.13B = 25.2%
25.2%
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: $254.68M.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $3.42
- Lee AinslieMaverick Capital$13.4M0.1%
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.