
Is Caris Life Sciences (CAI) stock Halal?
September 2026 AAOIFI screening result for Caris Life Sciences, Inc. (CAI): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 97.48%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Caris Life Sciences is a biotechnology company specializing in advanced molecular science and precision medicine, with a primary focus on cancer diagnostics and treatment. Through its proprietary molecular profiling technologies and AI-driven platforms, Caris empowers physicians with detailed, actionable insights, informing critical decisions in early disease detection, treatment optimization, and the development of next-generation therapies. The company’s initiatives extend beyond cancer, aiming to revolutionize healthcare and improve the human condition across various complex diseases. Before any of that matters to a Muslim investor, one question comes first: is Caris Life Sciences stock Halal?
Is Caris Life Sciences Shariah compliant?
The Shariah case on a technology company like Caris Life Sciences 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 Caris Life Sciences pass the business activity test?
Yes. In the September 2026 screening Caris Life Sciences 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 Caris Life Sciences' income Halal?
Yes, within AAOIFI's tolerance. Caris Life Sciences' 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 97.48% tells holders of CAI what share of each dividend to keep and what remainder to donate to charity.
Does Caris Life Sciences 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 CAI 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



