
Is Anixa Biosciences (ANIX) stock Halal?
As of the September 2026 screening, Anixa Biosciences, Inc. (ANIX) 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.
Anixa Biosciences is a biotechnology company primarily engaged in the innovative development of cancer therapies and infectious disease solutions. With a focus on disruptive healthcare technologies, Anixa aims to revolutionize treatment modalities through unique scientific approaches and strategic collaborations. One of the company’s notable endeavors lies in immuno-oncology, where it explores novel methods to harness the body's immune system to combat cancer. For Muslim investors, though, the most pressing question is simpler: is Anixa Biosciences a Halal investment?
Is Anixa Biosciences 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 Anixa Biosciences 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 Anixa Biosciences pass the business activity test?
The activity screen is only part of the picture this month: Anixa Biosciences 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 Anixa Biosciences' income Halal?
No. Anixa Biosciences' 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 Anixa Biosciences 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 ANIX 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.
New to the four screens? Read Why a Halal Stock Screener Matters for Halal Investing



