What is Tekla Life Sciences Investors's Shariah compliance score?

Tekla Life Sciences Investors (HQL) has a Shariah compliance score of 98/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Tekla Life Sciences Investors pass AAOIFI screening?

Tekla Life Sciences Investors (HQL) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (HQL: 0.0%), (3) interest-bearing deposits below 30% (HQL: 0.0%), and (4) prohibited income below 5% (HQL: 0.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Tekla Life Sciences Investors stock?

Tekla Life Sciences Investors (HQL) has a non-permissible income ratio of 0.40%. Muslim investors should purify this percentage of any dividends received and capital gains realized from HQL shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Tekla Life Sciences Investors for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Tekla Life Sciences Investors (HQL) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about HQL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

HQL: Is Tekla Life Sciences Investors Halal?

Tekla Life Sciences Investors

NYSEFinancial ServicesUS

$16.92

-2.03%

Market Cap: 514.5M

Compliance Status

Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

A+

Excellent

98Score

Is Tekla Life Sciences Investors (HQL) halal? Halal. Based on AAOIFI screening, Tekla Life Sciences Investors passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 98/100 (Grade: A+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.0% of 30.0% limit

What this means for you

You can own HQL

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.4% of your income from HQL

That is about $0.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Tekla Life Sciences Investors

Tekla Life Sciences Investors is a closed-ended equity mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the life sciences sector, including the biotechnology, pharmaceutical, diagnostics, managed healthcare, medical equipment, hospitals, healthcare information technology and services, devices and supplies industries, and in agriculture and environmental management industries. The fund primarily invests in growth stocks of small cap companies. It employs fundamental analysis with a focus on factors such as market position for services or products, experience of business management, technological expertise, and the ability either to generate funds internally to finance growth or to secure outside sources of capital to create its portfolio. The fund benchmarks the performance of its portfolio against the NASDAQ Biotech Index and the S&P 500 Index. It was formerly known as H&Q Life Sciences Investors fund. Tekla Life Sciences Investors was formed on February 20, 1992 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Tekla Life Sciences Investors (HQL) halal to invest in?

Based on AAOIFI Standard 21 screening, Tekla Life Sciences Investors (HQL) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Tekla Life Sciences Investors get a A+ compliance rating?

Tekla Life Sciences Investors (HQL) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 0.0% (limit 30%); prohibited income of 0.40% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Tekla Life Sciences Investors's Shariah verdict?

Tekla Life Sciences Investors's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Tekla Life Sciences Investors re-screened for Shariah compliance?

Tekla Life Sciences Investors (HQL) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 13, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.