
Is Pacific Biosciences of California (PACB) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Pacific Biosciences of California, Inc. (PACB) does not meet the threshold for the interest-bearing investments and interest-bearing debt screens as of September 2026, so it is not Shariah compliant.
Pacific Biosciences of California is a biotechnology company that specializes in developing and commercializing innovative sequencing systems to assist in scientific research and genetic analysis. Its flagship technology, the Single Molecule, Real-Time (SMRT) sequencing platform, enables detailed and accurate exploration of genetic structures, making it invaluable to researchers in genomics, epigenetics, and personalized medicine. This technology is pivotal for advancing understanding in various sectors, including agriculture, healthcare, and environmental biology, by providing comprehensive genome sequencing data. For Muslim investors, though, the most pressing question is simpler: is Pacific Biosciences of California a Halal investment?
Is Pacific Biosciences of California Shariah compliant?
Medicines and medical devices are permissible, and healthcare companies like Pacific Biosciences of California usually clear the activity screen comfortably. What AAOIFI Shariah Standard No. 21 watches is the financing behind the pipeline: drug development is expensive, and the 30% interest bearing debt cap decides the verdict more often than the science does.
Does Pacific Biosciences of California pass the business activity test?
The activity screen is only part of the picture this month: Pacific Biosciences of California currently fails the interest-bearing investments and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. Treating illness is permissible work; the scrutiny belongs to the financing behind it.
Is Pacific Biosciences of California's income Halal?
Yes, within AAOIFI's tolerance. Pacific Biosciences of California's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Pacific Biosciences of California meet AAOIFI's debt and investment ratio requirements?
No. Both ratios currently breach the 30% caps: interest bearing investments and interest bearing debt each exceed the limit AAOIFI permits for a Halal investment. The ratios move with the share price as well as the balance sheet, and our Shariah Supervisory Board has PACB re-screened every month.
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 What is Halal Investing? A Guide to Halal Stocks and Islamic Finance



