Is Cybin Inc halal to invest in?

As of October 2026, Cybin Inc CYBN.NE 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.

Is Cybin Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Cybin Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Cybin Inc?

Muslim investors may consider investing in Cybin 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.

Why is Cybin Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Cybin Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Cybin Inc updated?

The Shariah compliance status of Cybin Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Cybin Inc become non-compliant?

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.

Where can I check the Shariah status of Cybin Inc?

You can check the latest Shariah compliance status of Cybin Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Cybin Inc Stock Halal?

Shariah Compliance Analysis of CYBN.NE Stock

Canada Health Care Small Cap

No. As of October 2026, Cybin Inc (CYBN.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Cybin Inc does not pass Musaffa's business and financial screening criteria.

Cybin, Inc. operates as a clinical-stage biopharmaceutical company on a mission to create safe and effective psychedelic-based therapeutics to address the large unmet need for new and innovative treatment options for people who suffer from mental health conditions. The company is headquartered in Toronto, Ontario and currently employs 50 full-time employees. The company went IPO on 2018-01-05. The firm creates psychedelic-based therapeutics to address the unmet need for treatment options for people who suffer from mental health conditions. Its N, N-dimethyltryptamine (DMT) and dDMT programs create a dataset of systematic research on these psychedelic molecules. The firm is developing CYB003, a proprietary deuterated psilocybin analog for the treatment of major depressive disorder, and CYB004, a proprietary deuterated dDMT molecule for generalized anxiety disorder and has a research pipeline of investigational psychedelic-based compounds. CYB003 moves to Phase III and CYB004 moves to Phase II.CYB005 is in Preclinical stage. The company has an intellectual property portfolio in the psychedelic drug development sector with over 80 patents granted and over 230 patent applications pending. The firm operates in Canada, the United States, the United Kingdom, the Netherlands, and Ireland.

Cybin Inc CYBN.NE

CAD6.33 CAD0.68 (9.70%) 1D

Last Updated: Mar 13, 12:00 AM·NEO

Pricing for CA stocks is delayed by 24 hours

CYBN.NE Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, Cybin Inc is classified as not halal.

NOT HALAL

Cybin Inc (CYBN.NE) Chart

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Financial Metrics & Statements of Cybin Inc (CYBN.NE)

FAQ's for Cybin Inc (CYBN.NE)

As of October 2026, Cybin Inc CYBN.NE 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 Cybin Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Cybin 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 Cybin 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 Cybin 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 Cybin Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Alternate Halal Stocks for Cybin Inc (CYBN.NE)

Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.

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Numinus Wellness Inc NUMI.TO	CAD0.05	25.00%	CAD13.86M	Unlock
Core One Labs Inc COOL.CN	CAD0.15	0.00%	CAD6.83M	Unlock