Is Addex Therapeutics (ADXN) stock Halal?

Addex Therapeutics Ltd. is a pharmaceutical company that specializes in the development of innovative treatments based on allosteric modulation of G-protein coupled receptors (GPCRs). GPCRs are a significant area of interest in drug discovery due to their pivotal role in many physiological processes and their prevalence in potential therapeutic targets. Addex leverages its proprietary technology to discover and develop small-molecule drugs aimed at neurological and other central nervous system disorders. Before any of that matters to a Muslim investor, one question comes first: is Addex Therapeutics stock Halal?

Is Addex Therapeutics Shariah compliant?

The Shariah case on a technology company like Addex Therapeutics is rarely about the product. What AAOIFI Shariah Standard No. 21 examines is the money around the product: cash parked in instruments that earn Riba, borrowing measured against a market capitalisation that moves daily, and any incidental income from sources Islam prohibits, which must stay below 5% of revenue.

Does Addex Therapeutics pass the business activity test?

Yes. In the September 2026 screening Addex Therapeutics holds an overall PASS, which a stock only earns when its core business clears the activity screen. 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 Addex Therapeutics' income Halal?

Yes, within AAOIFI's tolerance. Addex Therapeutics' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 100% tells holders of ADXN what share of each dividend to keep and what remainder to donate to charity.

Does Addex Therapeutics 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 ADXN re-screened every month, and the result above always shows the latest verdict.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

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