What is Iovance Biotherapeutics, Inc.'s Shariah compliance score?

Iovance Biotherapeutics, Inc.'s (IOVA) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Iovance Biotherapeutics, Inc. pass AAOIFI screening?

Iovance Biotherapeutics, Inc. (IOVA) does not pass 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% (IOVA: 2.9%), (3) interest-bearing deposits below 30% (IOVA: 18.3%), and (4) prohibited income below 5% (IOVA: 6.5%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Iovance Biotherapeutics, Inc. stock?

Iovance Biotherapeutics, Inc. (IOVA) has a non-permissible income ratio of 6.53%. Muslim investors should purify this percentage of any dividends received and capital gains realized from IOVA 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 Iovance Biotherapeutics, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Iovance Biotherapeutics, Inc. (IOVA) 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 IOVA's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

IOVA: Is Iovance Biotherapeutics, Inc. Halal?

Iovance Biotherapeutics, Inc.

NASDAQHealthcareUS

$3.93

+2.88%

Market Cap: 1.4B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Iovance Biotherapeutics, Inc. (IOVA) halal? Not Halal. Based on AAOIFI screening, Iovance Biotherapeutics, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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%.

2.9% of 30.0% limit

What this means for you

Most scholars advise not holding IOVA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Iovance Biotherapeutics, Inc.

Iovance Biotherapeutics, Inc., a biotechnology firm currently in the clinical development stage, is committed to discovering and bringing to market cancer immunotherapy solutions. Its core mission involves leveraging the patient's own immune system to effectively combat and eradicate cancerous cells. The company is presently conducting six Phase 2 clinical trials. These include study C-144-01, evaluating its primary experimental compound, lifileucel, for individuals with advanced melanoma. Another trial, C-145-04, is assessing lifileucel's potential for treating cervical cancer that is recurrent, metastatic, or persistent. Additionally, investigational product LN-145 is undergoing evaluation in trial C-145-03 for recurrent and/or metastatic head and neck squamous cell carcinoma. Iovance Biotherapeutics, Inc. maintains strategic alliances and licensing arrangements with several distinguished entities, including H. Lee Moffitt Cancer Center, M.D. Anderson Cancer Center, Ohio State University, the Centre hospitalier de l'Université de Montreal, Cellectis S.A., and Novartis Pharma AG. Established in 2007, the company was previously known as Lion Biotechnologies, Inc. It adopted its current name, Iovance Biotherapeutics, Inc., in June 2017. Its corporate offices are located in San Carlos, California.

Sector: Healthcare · Industry: Biotechnology

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Healthcare

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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LYC Healthcare Bhd

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TMC Life Sciences Bhd

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Malaysian Genomics Resource Centre Bhd

$0.29

+0.00%

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Frequently Asked Questions

Is Iovance Biotherapeutics, Inc. (IOVA) halal to invest in?

Iovance Biotherapeutics, Inc. (IOVA) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Iovance Biotherapeutics, Inc. get a F compliance rating?

Iovance Biotherapeutics, Inc. (IOVA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.9% (limit 30%); interest-bearing deposits of 18.3% (limit 30%); prohibited income of 6.53% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Iovance Biotherapeutics, Inc.'s Shariah verdict?

Iovance Biotherapeutics, 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 Iovance Biotherapeutics, Inc. re-screened for Shariah compliance?

Iovance Biotherapeutics, Inc. (IOVA) 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 17, 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.