IXHL Shariah Compliance

Screening Methodology: AAOIFI

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Incannex Healthcare Inc

Incannex Healthcare Inc. Stock Analysis IXHL

United States Health Care Nano Cap
Incannex Healthcare, Inc. is a biotech company, which engages in developing cannabinoid and psychedelic compound medicines. The company is headquartered in New York City, New York and currently employs 9 full-time employees. The company went IPO on 2022-03-18. The firm is developing medicinal cannabinoid pharmaceutical products and psychedelic medicine therapies for the treatment of obstructive sleep apnea (OSA), traumatic brain injury (TBI) and concussion, lung inflammation (ARDS, COPD, asthma, bronchitis), rheumatoid arthritis, inflammatory bowel disease, anxiety disorders, addiction disorders, and pain, among other indications. The Company’s diversified portfolio includes 28 distinct research and development (R&D) programs, and six clinical trials underway. Its clinical projects include IHL-42X Obstructive Sleep Apnea, IHL-675A Inflammatory Lung Disease, IHL-675A Rheumatoid Arthritis, IHL-675A Inflammatory Bowel Disease, IHL-216A Concussion and TBI, PSI-GAD Psilocybin for anxiety, MedChew GB Post-herpatic Neuralgia and MedChew -1401 Pain and Spasticity in Multiple Sclerosis.
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IXHL Chart

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Incannex Healthcare Inc vs S&P 500 Comparative Returns

Analysis of IXHL stock performance compared to the broader market (S&P 500) across multiple timeframes.

YTD Performance
  • Incannex Health... (IXH...) -89.61%
  • S&P 500 5.05%
Incannex Health... Underperformed S&P 500 by 94.66%
1Y Performance
  • Incannex Health... (IXH...) -92%
  • S&P 500 13.06%
Incannex Health... Underperformed S&P 500 by 105.06%
3Y Performance
  • Incannex Health... (IXH...) -98.51%
  • S&P 500 62.03%
Incannex Health... Underperformed S&P 500 by 160.54%
5Y Performance
  • Incannex Health... (IXH...) %
  • S&P 500 99.19%
Incannex Health... Underperformed S&P 500 by N/A%

FAQ's

Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.