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Wed, Jul 15 01:00 PM
Non-Compliant

LYRA

Quality Rating

B
Minimal compliance quality

Lyra Therapeutics, Inc. (LYRA) is a clinical-stage biotechnology company developing anti-inflammatory therapies for chronic rhinosinusitis. While its core business activities are Shariah-compliant, the financial screening reveals significant non-compliance due to an exceptionally high interest income ratio of 192.44%, exceeding all standard thresholds. Debt and liquidity ratios are compliant, and no non-permissible business activities were identified. Index inclusion research confirms exclusion from all major Shariah indices. Overall, the company is classified as non-compliant, with a B quality rating reflecting strong business permissibility but critical financial concerns.

Purification Required
192.44%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any major Shariah indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

21.8%

Liquidity Ratio

20.7%

Interest Income Ratio

192.4%

Purification

0.00%