Is Ultragenyx Pharmaceutical, Inc. RARE stock Halal to invest in?

No, as of September 2026, Ultragenyx Pharmaceutical, Inc. stock (RARE) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening Halal stocks. To qualify as Halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Ultragenyx Pharmaceutical, Inc. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Ultragenyx Pharmaceutical, Inc. and discover Shariah compliant alternatives among the Halal stocks in the Tabadulat app.

How often is Ultragenyx Pharmaceutical, Inc. RARE reviewed for Shariah compliance?

Tabadulat reviews Ultragenyx Pharmaceutical, Inc. RARE for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Ultragenyx Pharmaceutical, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Ultragenyx Pharmaceutical, Inc. RARE pass the AAOIFI Non Permissible Income criteria?

Yes, as of September 2026, Ultragenyx Pharmaceutical, Inc. stock (RARE) passes the AAOIFI non-permissible income screen. Each month Tabadulat measures Ultragenyx Pharmaceutical, Inc.'s income from impermissible sources, covering Riba, conventional financial services, alcohol, gambling and tobacco, against AAOIFI's 5% revenue ceiling. The latest screening puts the company inside the limit. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Ultragenyx Pharmaceutical, Inc. RARE pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of September 2026, Ultragenyx Pharmaceutical, Inc. stock (RARE) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from Riba (interest). Ultragenyx Pharmaceutical, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

What is the dividend purification factor for Ultragenyx Pharmaceutical, Inc. RARE stock?

Ultragenyx Pharmaceutical, Inc. (RARE) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (Tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a Halal investment. If Ultragenyx Pharmaceutical, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Ultragenyx Pharmaceutical, Inc. RARE pass the AAOIFI Preference Share screen?

Yes, as of September 2026, Ultragenyx Pharmaceutical, Inc. stock (RARE) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Ultragenyx Pharmaceutical, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Is Ultragenyx Pharmaceutical (RARE) stock Halal?

NASDAQ

Shariah-Compliant

Not Shariah

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. Ultragenyx Pharmaceutical, Inc. (RARE) does not meet the threshold for the interest-bearing debt screen as of September 2026, so it is not Shariah compliant.

Sector:

Healthcare

Industry:

Biotechnology

Employees:

1294

Website:

https://www.ultragenyx.com

Market cap:

$2.6B

P/E ratio:

Dividend yield:

52-week range:

$13.81 - $39.89

Data as of:

3 September 2026

Screening history:

September 2026: FAIL

Ultragenyx Pharmaceutical is a biopharmaceutical company that focuses on the development and commercialization of novel products for the treatment of rare and ultra-rare genetic diseases. The company's primary function is to address unmet medical needs by working on advanced treatments targeting conditions that often lack effective therapies. Ultragenyx is primarily involved in the biotechnology sector, impacting areas such as gene therapy, small molecule drugs, and advanced biologic therapies. For Muslim investors, though, the most pressing question is simpler: is Ultragenyx Pharmaceutical a Halal investment?

Is Ultragenyx Pharmaceutical Shariah compliant?

Technology companies rarely fail AAOIFI screening on what they sell. Software, hardware and digital services are permissible business activities, so for a company like Ultragenyx Pharmaceutical the Shariah question moves to the balance sheet: how much of its market value sits in interest bearing debt, how much of its cash earns Riba in conventional deposits, and whether incidental income from impermissible sources creeps past 5% of revenue. These are exactly the ratios AAOIFI Shariah Standard No. 21 polices, and they move every month with the share price.

Does Ultragenyx Pharmaceutical pass the business activity test?

The activity screen is only part of the picture this month: Ultragenyx Pharmaceutical currently fails the interest-bearing debt 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 Ultragenyx Pharmaceutical's income Halal?

Yes, within AAOIFI's tolerance. Ultragenyx Pharmaceutical's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.

Does Ultragenyx Pharmaceutical meet AAOIFI's debt and investment ratio requirements?

Not in full. Interest bearing debt currently exceeds 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 Why a Halal Stock Screener Matters for Halal Investing

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