What is Harmony Biosciences Holdings, Inc.'s Shariah compliance score?

Harmony Biosciences Holdings, Inc. (HRMY) has a Shariah compliance score of 57/100 (Grade: C+, Fair) 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 Harmony Biosciences Holdings, Inc. pass AAOIFI screening?

Harmony Biosciences Holdings, Inc. (HRMY) partially passes with caution 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% (HRMY: 6.8%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Harmony Biosciences Holdings, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Harmony Biosciences Holdings, Inc. (HRMY) using the latest financial data.

Where can I screen Harmony Biosciences Holdings, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Harmony Biosciences Holdings, Inc. (HRMY) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about HRMY's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

HRMY: Is Harmony Biosciences Holdings, Inc. Halal?

Harmony Biosciences Holdings, Inc.

NASDAQHealthcareUS

$38.12

-0.99%

Market Cap: 2.2B

Compliance Status

Doubtful

Screened on Aug 30, 2026 · AAOIFI Standard 21

C+

Fair

57Score

Is Harmony Biosciences Holdings, Inc. (HRMY) halal? Doubtful. Based on AAOIFI screening, Harmony Biosciences Holdings, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 57/100 (Grade: C+).

Quote this verdict

HalalScreener rates Harmony Biosciences Holdings, Inc. (HRMY) Doubtful, 57/100, grade C+ under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/HRMY

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%.

6.8% of 30.0% limit

What this means for you

You may own HRMY, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened HRMY's prohibited income, but the exact share you would need to purify is part of Pro.

About Harmony Biosciences Holdings, Inc.

Harmony Biosciences Holdings, Inc. is a commercial-stage pharmaceutical firm dedicated to developing and marketing therapies for individuals in the United States who suffer from rare neurological conditions. Their flagship product, WAKIX, is a prescription medication designed to treat excessive daytime sleepiness in adult patients diagnosed with narcolepsy. The company, which was founded in 2017, was formerly known as Harmony Biosciences II, Inc. before adopting its current name in February 2020. Harmony Biosciences Holdings, Inc. operates out of Plymouth Meeting, Pennsylvania.

Sector: Healthcare · Industry: Biotechnology

Why This Stock Is Doubtful

Interest-bearing deposits are 29.4% of market cap, only 0.6 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 2026

Compliance History

Doubtfulnow
since Aug 2026
Not Halal
until the change above

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

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is Harmony Biosciences Holdings, Inc. (HRMY) halal to invest in?

Harmony Biosciences Holdings, Inc. (HRMY) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Harmony Biosciences Holdings, Inc. get a C+ compliance rating?

Harmony Biosciences Holdings, Inc. (HRMY) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Harmony Biosciences Holdings, Inc.'s Shariah verdict?

Harmony Biosciences Holdings, Inc.'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 Harmony Biosciences Holdings, Inc. re-screened for Shariah compliance?

Harmony Biosciences Holdings, Inc. (HRMY) 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: Aug 30, 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.