
Is Bolt Biotherapeutics (BOLT) stock Halal?
Bolt Biotherapeutics, Inc. (BOLT) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the non-permissible income and interest-bearing investments screens. Tabadulat re-screens BOLT monthly, and a stock can return to compliance when new financial reports change its ratios.
Bolt Biotherapeutics is a clinical-stage biotechnology company that focuses on developing advanced immunotherapies for the treatment of cancer. The company's primary goal is to harness the body's immune system to specifically target and destroy tumor cells, leveraging a proprietary platform known as Boltbody™ ISAC (Immune-Stimulating Antibody Conjugate). This innovative approach aims to engage and activate the innate immune system, potentially offering novel therapeutic options for patients with difficult-to-treat cancers. Before any of that matters to a Muslim investor, one question comes first: is Bolt Biotherapeutics stock Halal?
Is Bolt Biotherapeutics Shariah compliant?
The Shariah case on a technology company like Bolt Biotherapeutics 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 Bolt Biotherapeutics pass the business activity test?
The activity screen is only part of the picture this month: Bolt Biotherapeutics currently fails the non-permissible income and interest-bearing investments screens, 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 Bolt Biotherapeutics' income Halal?
No. Bolt Biotherapeutics' 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 Bolt Biotherapeutics meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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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