Is COSCIENS Biopharma, Inc. CSCI stock halal to invest in?

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

How often is COSCIENS Biopharma, Inc. CSCI reviewed for Shariah compliance?

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Monthly screening ensures the status shown for COSCIENS Biopharma, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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

Yes, as of August 2026, COSCIENS Biopharma, Inc. stock (CSCI) 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. COSCIENS Biopharma, 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 COSCIENS Biopharma, Inc. CSCI pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, COSCIENS Biopharma, Inc. stock (CSCI) 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. COSCIENS Biopharma, 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 COSCIENS Biopharma, Inc. CSCI pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, COSCIENS Biopharma, Inc. stock (CSCI) 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. COSCIENS Biopharma, 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 COSCIENS Biopharma, Inc. CSCI stock?

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

Does COSCIENS Biopharma, Inc. CSCI pass the AAOIFI Preference Share screen?

Yes, as of August 2026, COSCIENS Biopharma, Inc. stock (CSCI) 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. COSCIENS Biopharma, 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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English

العربية

COSCIENS Biopharma, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

CSCI

About

COSCIENS Biopharma, Inc.

CSCI

COSCIENS Biopharma Inc. is a life science company specializing in the development and commercialization of natural, plant-based active ingredients and pharmaceutical products. It operates primarily through two segments: Active Ingredients and Biopharmaceuticals. The company leverages proprietary extraction technologies to produce key natural ingredients such as Avenanthramides and Beta Glucan, which are incorporated into well-known skincare brands like Aveeno, Dove, and Neutrogena, reflecting its footprint in the cosmeceutical industry. COSCIENS also advances nutraceutical and pharmaceutical sectors by developing products aimed at improving health and wellness, including nutraceuticals for immune support and cholesterol reduction, as well as pharmaceuticals targeting inflammatory diseases and wound healing. A notable pharmaceutical offering is Macimorelin, an FDA and European Commission-approved oral diagnostic test for adult growth hormone deficiency. The company’s focus on natural-based products positions it within the health technology and pharmaceutical industries, emphasizing innovation in plant-derived bioactives to benefit personal care, nutrition, and therapeutic markets globally.

Sector:

Healthcare

Industry:

Biotechnology

Employees:

Website:

https://www.cosciensbio.com

CSCI

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COSCIENS Biopharma, Inc.

About

COSCIENS Biopharma, Inc.

CSCI

Frequently asked questions

Is COSCIENS Biopharma, Inc. CSCI stock halal to invest in?

How often is COSCIENS Biopharma, Inc. CSCI reviewed for Shariah compliance?

Does COSCIENS Biopharma, Inc. CSCI pass the AAOIFI Non Permissible Income criteria?

Does COSCIENS Biopharma, Inc. CSCI pass the AAOIFI Interest Bearing Investments criteria?

Does COSCIENS Biopharma, Inc. CSCI pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for COSCIENS Biopharma, Inc. CSCI stock?

Does COSCIENS Biopharma, Inc. CSCI pass the AAOIFI Preference Share screen?

Can I buy COSCIENS Biopharma (CSCI) stock on Tabadulat?

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