Is Akebia Therapeutics, Inc. AKBA stock halal to invest in?

No, as of August 2026, Akebia Therapeutics, Inc. stock (AKBA) 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. Akebia Therapeutics, Inc. currently does not meet the threshold for the interest-bearing investments and interest-bearing debt screens. 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 Akebia Therapeutics, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Akebia Therapeutics, Inc. AKBA reviewed for Shariah compliance?

Tabadulat reviews Akebia Therapeutics, Inc. AKBA 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Monthly screening ensures the status shown for Akebia Therapeutics, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Akebia Therapeutics, Inc. AKBA pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Akebia Therapeutics, Inc. stock (AKBA) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Akebia Therapeutics, Inc.'s income from non-permissible sources is currently within this 5% threshold. 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 Akebia Therapeutics, Inc. AKBA pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, Akebia Therapeutics, Inc. stock (AKBA) does not pass 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. Akebia Therapeutics, Inc.'s interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does Akebia Therapeutics, Inc. AKBA pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Akebia Therapeutics, Inc. stock (AKBA) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. Akebia Therapeutics, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Akebia Therapeutics, Inc. AKBA stock?

Akebia Therapeutics, Inc. (AKBA) 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 Akebia Therapeutics, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Akebia Therapeutics, Inc. AKBA pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Akebia Therapeutics, Inc. stock (AKBA) 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. Akebia Therapeutics, 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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Akebia Therapeutics, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

AKBA

About

Akebia Therapeutics, Inc.

AKBA

Akebia Therapeutics Inc. is a biopharmaceutical company that focuses on the development and commercialization of therapies for patients with kidney disease. It leverages its expertise in kidney disease biology to advance its pipeline of innovative therapies aimed at treating conditions such as chronic kidney disease (CKD). The company's lead product, vadadustat, is designed to simulate the body's response to reduced oxygen levels, providing an oral treatment for anemia due to CKD. Akebia's operations encompass both the development and partnership aspects, collaborating with academic institutions and pharmaceutical companies to maximize the impact of its therapies. Headquartered in Cambridge, Massachusetts, Akebia plays a significant role in the healthcare sector by addressing unmet medical needs in nephrology. The company's commitment to improving patient lives through scientific innovation positions it as a significant player in the biopharmaceutical landscape.

Sector:

Healthcare

Industry:

Drug Manufacturers - Specialty & Generic

Employees:

181

Website:

https://www.akebia.com

AKBA

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Akebia Therapeutics, Inc.

About

Akebia Therapeutics, Inc.

AKBA

Frequently asked questions

Is Akebia Therapeutics, Inc. AKBA stock halal to invest in?

How often is Akebia Therapeutics, Inc. AKBA reviewed for Shariah compliance?

Does Akebia Therapeutics, Inc. AKBA pass the AAOIFI Non Permissible Income criteria?

Does Akebia Therapeutics, Inc. AKBA pass the AAOIFI Interest Bearing Investments criteria?

Does Akebia Therapeutics, Inc. AKBA pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Akebia Therapeutics, Inc. AKBA stock?

Does Akebia Therapeutics, Inc. AKBA pass the AAOIFI Preference Share screen?

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