EDIT

Editas Medicine Inc.

DOUBTFUL — SCREEN DOES NOT PASSstock

Is EDIT Halal?

CRISPR gene editing — similar ethical considerations.

What You Should Know

Develops CRISPR therapies for inherited diseases. Pre-revenue clinical stage. Its March 31, 2026 Form 10-Q reports $149.338 million of assets, $71.974 million of conservative debt and leases, $123.648 million of cash, $123.648 million of identified debt securities, $2.592 million of receivables and $2.831 million of quarterly revenue. Debt/assets is 48.20%, liquidity/assets is 165.58%, receivables-plus-cash/assets is 84.46% and disclosed investment income is 42.60% of revenue; the examined financial screens fail. Gene editing requires case-by-case fatwa.

⚠️ Concerns

  • Ethical uncertainty
  • Pre-revenue risk
  • Debt and liquidity screens fail

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
48.20%Above limit
Below 33.333% under FTSE Yasaar

71.974 / 149.338

Cash + interest-bearing securities / assets
165.59%Above limit
Below 33.333% under FTSE Yasaar

247.296 / 149.338

Receivables + cash / assets
84.53%Above limit
Below 50% under FTSE Yasaar

126.24 / 149.338

Non-compliant income / revenue
42.60%Above limit
No more than 5% under FTSE Yasaar

1.206 / 2.831

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

Debt/assets is 48.20%, liquidity/assets is 165.58%, receivables-plus-cash/assets is 84.46% and disclosed investment income is 42.60%; each relevant examined limit is exceeded.

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

Debt/assets, liquidity/assets and receivables-plus-cash/assets are above the examined MSCI total-assets limits.

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

Debt/assets is 48.20% and liquidity/assets is 165.58%, above the examined Malaysia 33% limits. 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

Editas develops CRISPR gene-editing therapies for inherited disease. Therapeutic healthcare is generally permissible, while gene-editing boundaries, licensing and product allocation require qualified scholarly review.

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

Purification

Editas discloses $1.206 million of net investment income, but no scholar-approved purification percentage is asserted for the operating business.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Editas Medicine's March 31, 2026 Form 10-Q.
  • Conservative debt includes $54.677 million current and noncurrent debt plus $17.297 million of current and noncurrent operating-lease liabilities.
  • Cash and cash equivalents and available-for-sale debt securities are each tagged at $123.648 million; the filing's presentation is retained without netting. Accounts receivable are $2.592 million.
  • Quarterly revenue is $2.831 million and disclosed net investment income is $1.206 million, or 42.60% of revenue.
  • Gene-editing therapeutics are generally permissible in the retained qualitative analysis, but bioethics and clinical-program allocation remain 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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