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Shariah compliance overview

Not Halal

IGC Pharma, Inc. (IGC) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About IGC Pharma, Inc.

IGC Pharma, Inc. operates as a pharmaceutical firm, currently in the clinical development phase, dedicated to pioneering novel treatments for Alzheimer's, a debilitating condition.

IGC Pharma, Inc. (IGC) operates in the Healthcare sector, in the Biotechnology industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
43.01%Limit 5%Fail
Interest-bearing debt
3.40%Limit 30%Pass
Interest-bearing securities and assets
0.87%Limit 30%Pass
Dividend purification
32.26%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about IGC Pharma, Inc. (IGC). Current Akinda screening label: Not Halal.