
Is Sera Prognostics (SERA) stock Halal?
Sera Prognostics, Inc. (SERA) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the non-permissible income and interest-bearing investments screens. Tabadulat re-screens SERA monthly, and a stock can return to compliance when new financial reports change its ratios.
Sera Prognostics is a biotechnology company focused on developing innovative maternal and fetal health diagnostics. The primary function of Sera Prognostics is to provide personalized diagnostic tests aimed at improving pregnancy care by predicting risks related to preterm births and other pregnancy complications. By enhancing prenatal health through early detection, Sera Prognostics aims to aid healthcare providers in implementing timely and targeted interventions. Before any of that matters to a Muslim investor, one question comes first: is Sera Prognostics stock Halal?
Is Sera Prognostics Shariah compliant?
Healthcare rarely troubles the activity screen; treating illness is permissible work. For Sera Prognostics, the AAOIFI Shariah Standard No. 21 verdict turns on the balance sheet instead: research is capital hungry, and interest bearing debt and investments must each stay below 30% of market capitalisation.
Does Sera Prognostics pass the business activity test?
The activity screen is only part of the picture this month: Sera Prognostics currently fails the non-permissible income and interest-bearing investments 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 Sera Prognostics' income Halal?
No. Sera Prognostics' 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 Sera Prognostics 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.
New to the four screens? Read What is Halal Investing? A Guide to Halal Stocks and Islamic Finance



