Is Arcutis Biotherapeutics, Inc. ARQT stock halal to invest in?

Yes, as of August 2026, Arcutis Biotherapeutics, Inc. stock (ARQT) is 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. Arcutis Biotherapeutics, Inc. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 97.89%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Arcutis Biotherapeutics, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Arcutis Biotherapeutics, Inc. ARQT reviewed for Shariah compliance?

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screening ensures the status shown for Arcutis Biotherapeutics, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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

Yes, as of August 2026, Arcutis Biotherapeutics, Inc. stock (ARQT) 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. Arcutis Biotherapeutics, 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 Arcutis Biotherapeutics, Inc. ARQT pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Arcutis Biotherapeutics, Inc. stock (ARQT) 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). Arcutis Biotherapeutics, 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.

Does Arcutis Biotherapeutics, Inc. ARQT pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Arcutis Biotherapeutics, Inc. stock (ARQT) passes 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. This cap limits shareholders' exposure to interest-based leverage. Arcutis Biotherapeutics, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Arcutis Biotherapeutics, Inc. ARQT stock?

As of August 2026, the dividend purification factor for Arcutis Biotherapeutics, Inc. (ARQT) is 97.89%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Arcutis Biotherapeutics, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Arcutis Biotherapeutics, Inc. ARQT pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Arcutis Biotherapeutics, Inc. stock (ARQT) 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. Arcutis Biotherapeutics, 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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Arcutis Biotherapeutics, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

ARQT

About

Arcutis Biotherapeutics, Inc.

ARQT

Arcutis Biotherapeutics Inc. is a biopharmaceutical company dedicated to developing and commercializing innovative treatments for dermatological diseases and conditions. Primarily focused on enhancing therapies for skin diseases, Arcutis aims to improve the standard of care in dermatology through the use of its proprietary technologies and formulation science expertise. The company addresses critical needs across a variety of dermatological disorders, including psoriasis, atopic dermatitis, and seborrheic dermatitis, by creating topical treatments that prioritize patient comfort and efficacy. Arcutis Biotherapeutics' pipeline is rich with investigational drugs that incorporate cutting-edge science to offer potential breakthroughs for millions of patients worldwide. The company's initiatives are crucial for the dermatology pharmaceutical sector as they strive to fill gaps in current treatments and provide alternative solutions with improved safety and effectiveness profiles. Positioned at the intersection of health and innovation, Arcutis operates out of its headquarters in Westlake Village, California. The company plays an influential role in advancing dermatological healthcare and is a key player in the niche yet significant field of pharmaceuticals focused on skin conditions.

Sector:

Healthcare

Industry:

Biotechnology

Employees:

342

Website:

https://www.arcutis.com

ARQT

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Arcutis Biotherapeutics, Inc.

About

Arcutis Biotherapeutics, Inc.

ARQT

Frequently asked questions

Is Arcutis Biotherapeutics, Inc. ARQT stock halal to invest in?

How often is Arcutis Biotherapeutics, Inc. ARQT reviewed for Shariah compliance?

Does Arcutis Biotherapeutics, Inc. ARQT pass the AAOIFI Non Permissible Income criteria?

Does Arcutis Biotherapeutics, Inc. ARQT pass the AAOIFI Interest Bearing Investments criteria?

Does Arcutis Biotherapeutics, Inc. ARQT pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Arcutis Biotherapeutics, Inc. ARQT stock?

Does Arcutis Biotherapeutics, Inc. ARQT pass the AAOIFI Preference Share screen?

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