IBRX
Quality Rating
This report evaluates ImmunityBio, Inc. (IBRX), a biotechnology company focused on immunotherapy development, against Shariah compliance standards. Key concerns arise from an exceptionally high interest income ratio due to minimal operating revenue, despite compliant debt and liquidity metrics. Business activities in healthcare R&D are permissible, with no non-compliant revenue streams identified. Overall, the company fails financial screening thresholds, leading to non-compliance across major indices. Investors may consider monitoring for revenue growth to improve future compliance.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah-compliant indices
Key Compliance Considerations
- Interest income ratio exceeds 471%, far above the 5% threshold across all standards
- Minimal operating revenue amplifies incidental non-halal income percentage
- Potential need for full purification of dividends due to income impurity
Debt Ratio
24.1%
Liquidity Ratio
2.8%
Interest Income Ratio
471.1%
Purification
100.00%