
Is ABVC BioPharma (ABVC) stock Halal?
As of the September 2026 screening, ABVC BioPharma, Inc. (ABVC) does not meet the AAOIFI Shariah Standard No. 21 threshold for the non-permissible income screen, so the stock is not currently classified as Shariah compliant. It is re-screened every month and can regain compliance if its financial structure changes.
ABVC BioPharma is a biopharmaceutical company focused on the development of new therapeutic solutions and biomedical advancements. The core objective of ABVC BioPharma is to leverage its expertise in drug development and clinical trials to create treatments that address unmet medical needs. It operates within the biotechnology sector, which is pivotal due to its innovative contributions to healthcare and pharmaceuticals. For Muslim investors, though, the most pressing question is simpler: is ABVC BioPharma a Halal investment?
Is ABVC BioPharma Shariah compliant?
Technology companies rarely fail AAOIFI screening on what they sell. Software, hardware and digital services are permissible business activities, so for a company like ABVC BioPharma the Shariah question moves to the balance sheet: how much of its market value sits in interest bearing debt, how much of its cash earns Riba in conventional deposits, and whether incidental income from impermissible sources creeps past 5% of revenue. These are exactly the ratios AAOIFI Shariah Standard No. 21 polices, and they move every month with the share price.
Does ABVC BioPharma pass the business activity test?
The activity screen is only part of the picture this month: ABVC BioPharma currently fails the non-permissible income screen, so the overall verdict is not compliant regardless of the business itself. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.
Is ABVC BioPharma's income Halal?
No. ABVC BioPharma's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does ABVC BioPharma meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has ABVC re-screened every month, and the result above always shows the latest verdict.
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