Is Pharmather Holdings Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Pharmather Holdings Ltd (PHRM.CN) is currently classified as NOT HALAL as of May 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Pharmather Holdings Ltd 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 Pharmather Holdings Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Pharmather Holdings Ltd?

Muslim investors may consider investing in Pharmather Holdings Ltd 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 Pharmather Holdings Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Pharmather Holdings Ltd 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 Pharmather Holdings Ltd updated?

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

Can a halal stock like Pharmather Holdings Ltd 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 Pharmather Holdings Ltd?

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

PHRM.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 02, 2025

Report Source: 2025 3rd Quarter Report

Pharmather Holdings Ltd. Stock Analysis PHRM.CN

Canada N/A Nano Cap Report: Q3, 2025

PharmaTher Holdings Ltd. is a specialty psychedelic pharmaceutical company, which engages in the research, development and commercialization of ketamine and novel microneedle patches for delivering psychedelics to treat neuropsychiatric, neurodegenerative, and pain disorders. The company is headquartered in Toronto, Ontario. The company went IPO on 2020-10-09. The firm develops and commercializes specialty pharmaceuticals exhibiting growing adoption and permitting delivery methods to enhance patient outcomes. Its lead product is KETARX (racemic ketamine) to fill the global unmet medical needs for anesthesia, sedation, pain, mental health, and neurological indications. The firm is also commercializing PharmaPatch (microneedle patch) with its partners to deliver psychedelics and drugs to treat infectious diseases. The firm is in the development of programs for the delivery of KETARX (ketamine) in a patch and on-body pump for mental health, pain and medical countermeasures indications.

Key Statistics of Pharmather Holdings Ltd (PHRM.CN)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD0.07CAD0.08

Today's Open

CAD0.07

Volume

104.69K

P/E Ratio (TTM)

52 Week Range

CAD0.06CAD0.77

Market Cap

7.74M

Avg. Volume

292.90K

Dividend Yield

Financial Metrics & Statements of Pharmather Holdings Ltd (PHRM.CN)

FAQ's for Pharmather Holdings Ltd (PHRM.CN)

According to Musaffa’s Shariah screening methodology, Pharmather Holdings Ltd (PHRM.CN) is currently classified as NOT HALAL as of May 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.