Is Protalix BioTherapeutics (PLX) Stock Halal?

Compliance Status

Halal

Screened on Nov 10, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is Protalix BioTherapeutics, Inc. (PLX) halal? Halal. Based on AAOIFI screening, Protalix BioTherapeutics, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).

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HalalScreener rates Protalix BioTherapeutics, Inc. (PLX) Halal, 77/100, grade B+ under AAOIFI Standard 21, screened Nov 10, 2026. Source: https://halalscreener.app/en/stock/PLX

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%.

4.4% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own PLX

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

Purification amount is Pro

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

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Protalix BioTherapeutics, Inc.

PLX

Protalix BioTherapeutics, Inc.

AMEXHealthcareUS

$3.13

Market Cap: 252.2M

Screened on a market cap of 207.1M

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About Protalix BioTherapeutics, Inc.

Protalix BioTherapeutics, Inc., a biopharmaceutical company, engages in the development, production, and commercialization of recombinant therapeutic proteins based on the ProCellEx plant cell-based protein expression system. The company provides Elelyso for the treatment of Gaucher disease; and Elfabrio for the treatment of adult patients with a confirmed diagnosis of Fabry disease. It is also developing PRX-115, a plant cell expressed recombinant PEGylated Uricase, which is in Phase 2 trial for the treatment of gout; and PRX-119, a plant cell expressed PEGylated recombinant human DNase I product candidate for the treatment of neutrophil extracellular traps diseases. The company has agreements and partnerships with Pfizer; Fundação Oswaldo Cruz; and Chiesi Farmaceutici S.p.A. Protalix BioTherapeutics, Inc. has strategic partnership with Secarna Pharmaceuticals GmbH & Co KG. The company is headquartered in Hackensack. New Jersey.

Sector: Healthcare · Industry: Biotechnology

Shariah Compliance Status

AAOIFI Standard 21Updated Nov 10, 2026
AI Compliance InsightProSee plans
Revenue BreakdownProSee plans

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is Protalix BioTherapeutics, Inc. (PLX) halal to invest in?
Based on AAOIFI Standard 21 screening, Protalix BioTherapeutics, Inc. (PLX) is rated Halal with a compliance grade of B+ (Good). 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 Protalix BioTherapeutics, Inc. get a B+ compliance rating?
Protalix BioTherapeutics, Inc. (PLX) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 4.4% (limit 30%); interest-bearing deposits well clear of the 30% limit; prohibited income well clear of the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Protalix BioTherapeutics, Inc.'s Shariah verdict?
Protalix BioTherapeutics, Inc.'s verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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 Protalix BioTherapeutics, Inc. re-screened for Shariah compliance?
Protalix BioTherapeutics, Inc. (PLX) is screened from the latest financial statements on record, currently those for fiscal Q3 2026. The 500 largest US-listed companies, and every stock on a HalalScreener watchlist or portfolio, are re-screened daily against the current market cap; every other stock at least once a week. When the company files a new quarterly or annual report with the SEC, it is re-screened from that filing: we check the SEC's filing feed every 15 minutes and the earnings calendar every day. Last screened: Nov 10, 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.