NYSE: Open
NASDAQ: Open
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TSX: Open
Nikkei: Closed
Shanghai: Closed
Wed, Sep 30 05:13 PM
Non-Compliant

PMVP

Quality Rating

B
Minimal compliance quality

PMV Pharmaceuticals, Inc. (PMVP) is a clinical-stage biotechnology company focused on developing precision oncology therapies targeting p53 mutations. The core business activity in cancer treatment development is Shariah-compliant, aligning with Islamic principles of preserving life. However, financial screening reveals non-compliance primarily due to an excessively high liquidity ratio (244.3%) exceeding thresholds across AAOIFI, MSCI, and S&P standards, indicating potential riba exposure in cash management. No non-permissible income or significant debt issues are present. Overall, while business activities are permissible, the stock is classified as NON_COMPLIANT based on index exclusions and quantitative failures.

Purification Required
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

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

Key Compliance Considerations

Debt Ratio

1.7%

Liquidity Ratio

244.3%

Interest Income Ratio

0.0%

Purification

0.00%