BetterLife Pharma Inc BETRF
$0.22 $0.02 (9.59%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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BETRF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, BetterLife Pharma Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
BetterLife Pharma Inc. Stock Analysis BETRF
United States Health Care Nano Cap BetterLife Pharma, Inc. is an emerging biotechnology company, which focuses on developing and commercializing two compounds, BETR-001 and BETR-002, to treat neuro-psychiatric and neurological disorders. The company is headquartered in Vancouver, British Columbia and currently employs 4 full-time employees. The company went IPO on 2017-12-19. The firm is primarily focused on developing and commercializing two compounds, BETR-001 and BETR-002, to treat neuro-psychiatric and neurological disorders. BETR-001, which is in preclinical, is a non-hallucinogenic second-generation lysergic acid diethylamide (LSD) derivative molecule that mimics the projected therapeutic potential of LSD in the treatment of disorders, such as depressive disorder, anxiety disorder and neuropathic pain and other neuro-psychiatric and neurological disorders. BETR-002, which is in preclinical, is a formulation of a derivative of dihydrohonokiol, a known anti-anxiety compound, with the potential for treatment of anxiety related disorders, including benzodiazepine dependency. The company is also refining and developing drug candidates from a set of complementary interferon-based technologies, which have the potential to engage the immune system to fight viral infections.
BetterLife Pharma Inc (BETRF) Chart
Financial Metrics & Statements of BetterLife Pharma Inc (BETRF)
FAQ's for BetterLife Pharma Inc (BETRF)
- As of August 2026, BetterLife Pharma Inc BETRF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes BetterLife Pharma Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in BetterLife Pharma Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of BetterLife Pharma Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of BetterLife Pharma Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of BetterLife Pharma Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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