Is Ascendis Pharma A/S (ASND) halal? Halal. Based on AAOIFI screening, Ascendis Pharma A/S passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (Grade: A).

Ascendis Pharma A/S

ASND: Is Ascendis Pharma A/S Halal?

Halal

Ascendis Pharma A/S

NASDAQHealthcareDK

$216.60

-1.01%

Purify ~2.1% of income

About Ascendis Pharma A/S

Ascendis Pharma A/S, a biopharmaceutical company, focuses on developing therapeutics for unmet medical needs. The company offers SKYTROFA for treating patients with growth hormone deficiency (GHD). It also develops TransCon Growth Hormone (hGH) for pediatric GHD in Japan; TransCon hGH for adults with GHD; TransCon parathyroid hormone for adult hypoparathyroidism; and TransCon CNP for pediatric achondroplasia. In addition, the company develops TransCon toll like receptors 7/8 agonist for intratumoral delivery; and TransCon IL-2 脽/g for systemic delivery. The company was incorporated in 2006 and is headquartered in Hellerup, Denmark.

Sector: Healthcare 路 Industry: Biotechnology

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
A

Very Good

Strong compliance across all metrics

81Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap6.1% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP

Purify Your ASND Dividends

2.1% non-compliant income

ASND has 2.1% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

13.4B

Price

$216.60

Sector

Healthcare

Industry

Biotechnology

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Frequently Asked Questions

Is Ascendis Pharma A/S (ASND) halal to invest in?
Based on AAOIFI Standard 21 screening, Ascendis Pharma A/S (ASND) is rated Halal with a compliance grade of A (Very 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 Ascendis Pharma A/S get a A compliance rating?
Ascendis Pharma A/S (ASND) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.1% (limit 30%); interest-bearing deposits of 4.3% (limit 30%); prohibited income of 2.12% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Ascendis Pharma A/S's Shariah verdict?
Ascendis Pharma A/S'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 Ascendis Pharma A/S re-screened for Shariah compliance?
Ascendis Pharma A/S (ASND) 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: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 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.