Scinai Immunotherapeutics Ltd.

SCNI: Is Scinai Immunotherapeutics Ltd. Halal?

Scinai Immunotherapeutics Ltd.

NASDAQHealthcareIL

$2.88

-7.99%

Market Cap: 1.5M

Compliance Status

Not Halal

Screened on Aug 27, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

152.8% of 30.0% limit

What this means for you

Most scholars advise not holding SCNI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Scinai Immunotherapeutics Ltd.

Scinai Immunotherapeutics Ltd. operates as an emerging biopharmaceutical company, dedicated to the research, production, and market introduction of medical solutions. Based in Israel, its primary objective is the prevention and treatment of a range of infectious, autoimmune, and other health conditions. The company maintains a significant licensing and collaboration agreement with the Max Planck Society and the University Medical Center Göttingen. This partnership is focused on advancing and commercializing a nanosized antibody (NanoAb) specifically for COVID-19, in addition to pursuing NanoAb applications for various other disease indications. Established in 2003, the company was formerly known as BiondVax Pharmaceuticals Ltd. before rebranding to Scinai Immunotherapeutics Ltd. in September 2023. Its corporate headquarters are situated in Jerusalem, Israel.

Sector: Healthcare · Industry: Biotechnology

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 27, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Scinai Immunotherapeutics Ltd. (SCNI) halal to invest in?
Scinai Immunotherapeutics Ltd. (SCNI) 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 Scinai Immunotherapeutics Ltd. get a F compliance rating?
Scinai Immunotherapeutics Ltd. (SCNI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 152.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Scinai Immunotherapeutics Ltd.'s Shariah verdict?
Scinai Immunotherapeutics Ltd.'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 Scinai Immunotherapeutics Ltd. re-screened for Shariah compliance?
Scinai Immunotherapeutics Ltd. (SCNI) 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 27, 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.