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Is Sana Biotechnology (SANA) stock halal?

Screened against AAOIFI Shari’ah Standard 21

Not settled. Sana Biotechnology (SANA) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The prohibited income test couldn’t be settled: The figures needed were not available. We show this as Needs Review rather than guess. Last checked 29 September 2026.

VerdictNeeds Review

Sana Biotechnology needs further review under Halal / Islamic guidelines

Faith Score
67
out of 100
Status
Needs Review
Last checked
Sector
Healthcare
Purification
Not settled

AAOIFI Shari’ah Standard 21 Financial Audit

Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.

TestStandard LimitActual FigureStatus
Main business——Pass
Interest-bearing debt30%6.21%Pass
Cash and interest-bearing investments30%10.90%Pass
Prohibited income5%—Review
Not just cash and debts90%33.19%Pass

Key Findings & Observations

  • The prohibited income test couldn’t be settled: The figures needed were not available.
    Source: AAOIFI Shari'ah Standard 21

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Frequently Asked Questions about Sana Biotechnology, Inc. (SANA)

Is Sana Biotechnology (SANA) stock halal?▾

Not settled. Sana Biotechnology (SANA) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. The prohibited income test couldn’t be settled: The figures needed were not available. We show this as Needs Review rather than guess. Last checked 29 September 2026.

What is Sana Biotechnology's debt ratio under Islamic finance standards?▾

Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Sana Biotechnology's ratio is about 6.2%.

How much dividend purification is required for Sana Biotechnology (SANA) stock?▾

No purification is required for Sana Biotechnology based on its latest annual report.

Does Sana Biotechnology operate in prohibited business activities?▾

AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Sana Biotechnology's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.

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