CRSP

CRISPR Therapeutics AG

DOUBTFUL — SCREEN DOES NOT PASSstock

Is CRSP Halal?

Gene editing for therapy — scholarly consultation recommended.

What You Should Know

FDA-approved CRISPR therapy for sickle cell. Therapeutic gene editing generally permitted by scholars but not unanimous. Its March 31, 2026 Form 10-Q reports $2,725.820 million of assets, $787.638 million of conservative debt and leases, $423.308 million of cash, $2,018.477 million of marketable securities and $1.458 million of quarterly revenue. Debt/assets is 28.89%, but liquidity/assets is 89.58% and fails the examined 33.33% limits; the activity and income numerators remain incomplete.

⚠️ Concerns

  • Ethical debate
  • Scholar consultation needed
  • Liquidity/assets exceeds examined limits

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
28.90%Within limit
Below 33.333% under FTSE Yasaar

787.638 / 2,725.82

Cash + interest-bearing securities / assets
89.58%Above limit
Below 33.333% under FTSE Yasaar

2,441.785 / 2,725.82

Receivables + cash / assets
15.53%Within limit
Below 50% under FTSE Yasaar

423.308 / 2,725.82

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Liquidity/assets is 89.58%, above the examined 33.333% limit; debt/assets is 28.89% and receivables-plus-cash/assets is 15.53%.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Liquidity/assets is 89.58%, above the examined 33.33% limit; debt/assets is 28.89% and receivables-plus-cash/assets is 15.53%.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

Liquidity/assets is 89.58%, above the examined Malaysia 33% limit; debt/assets is 28.89%. This calculation is not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A properly licensed and reproducible historical market-cap series is not stored; filing-based asset ratios remain documented.

Business-activity disclosure

CRISPR Therapeutics develops gene-editing therapies. Therapeutic healthcare is generally permissible, while human-germline boundaries, licensing and product allocation require qualified scholarly review.

Limitation: The filing does not provide a universal prohibited-activity or income numerator across collaborations and therapeutic programs.

Purification

CRISPR Therapeutics does not separately disclose a scholar-approved non-compliant income numerator or purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from CRISPR Therapeutics' March 31, 2026 Form 10-Q.
  • Conservative debt includes $585.470 million long-term debt and $202.168 million of current and noncurrent operating-lease liabilities.
  • Cash and cash equivalents are $423.308 million and current available-for-sale debt securities are $2,018.477 million; no separate accounts-receivable balance is tagged in the filing facts.
  • Quarterly collaboration and grant revenue is $1.458 million. The filing does not separately disclose a scholar-universal non-compliant income numerator.
  • Therapeutic gene editing is generally permissible in the retained qualitative analysis, but bioethics, licensing and end-use questions remain school- and case-dependent.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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