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Is Nurix Therapeutics (NRIX) stock Halal?

NASDAQ
Shariah-Compliant
Not Shariah

Nurix Therapeutics, Inc. (NRIX) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the non-permissible income screen. Tabadulat re-screens NRIX monthly, and a stock can return to compliance when new financial reports change its ratios.

Nurix Therapeutics is a biotechnology firm focused on developing therapies to address immune system disorders and cancers. At the heart of its innovative approach is the modulation of protein levels within cells, a critical factor in disease progression. Nurix employs its proprietary DELigase platform to discover and design targeted therapies that either enhance or degrade specific proteins through ubiquitin proteasome system engagement. Before any of that matters to a Muslim investor, one question comes first: is Nurix Therapeutics stock Halal?

Is Nurix Therapeutics Shariah compliant?

The Shariah case on a technology company like Nurix 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 Nurix Therapeutics pass the business activity test?

The activity screen is only part of the picture this month: Nurix Therapeutics 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 Nurix Therapeutics' income Halal?

No. Nurix Therapeutics' 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 Nurix 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 NRIX 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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Frequently asked questions

Is Nurix Therapeutics, Inc. NRIX stock Halal to invest in?

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How often is Nurix Therapeutics, Inc. NRIX reviewed for Shariah compliance?

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Does Nurix Therapeutics, Inc. NRIX pass the AAOIFI Non Permissible Income criteria?

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Does Nurix Therapeutics, Inc. NRIX pass the AAOIFI Interest Bearing Investments criteria?

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Does Nurix Therapeutics, Inc. NRIX pass the AAOIFI Interest Bearing Debt criteria?

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What is the dividend purification factor for Nurix Therapeutics, Inc. NRIX stock?

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Does Nurix Therapeutics, Inc. NRIX pass the AAOIFI Preference Share screen?

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Can I buy Nurix Therapeutics (NRIX) stock on Tabadulat?

Nurix Therapeutics (NRIX) does not currently pass AAOIFI screening, so it isn't available to trade among the Halal stocks on Tabadulat. You can still open an account, track NRIX with the free Halal stock screener, and discover Shariah compliant stocks to invest in instead. Compliance is re-screened monthly, and stocks can regain Halal status when their financials change.

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