Rhythm Pharmaceuticals

RYTM stock is not Shariah-compliant

مدعوم بواسطة Zoya API

About Rhythm Pharmaceuticals (RYTM)

Rhythm Pharmaceuticals is a commercial-stage biopharmaceutical company focused on developing and commercializing therapeutics for the treatment of rare genetic diseases of obesity. Its lead product candidate, IMCIVREE, is a potent melanocortin-4 receptor agonist for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, and Bardet-Biedl and Alström syndrome. The company is also developing setmelanotide, which is in Phase II clinical trials for various other obesity disorders.

الأسئلة المتداولة

Is Rhythm Pharmaceuticals (RYTM) stock halal to invest in?
Yes, RYTM is not Shariah-compliant based on the company’s latest financial reports and therefore considered halal to invest in. Last updated on Aug 27, 2024.
No, RYTM is not Shariah-compliant based on the company’s latest financial reports and therefore not considered halal to invest in. Last updated on Aug 27, 2024.
RYTM is flagged as not Shariah-compliant in terms of Shariah compliance based on the company's latest financial reports. This means that while the company's operations do not definitively violate Islamic guidelines, there are certain aspects of Rhythm Pharmaceuticals's business that require careful consideration. Last updated on Aug 27, 2024.
Does Rhythm Pharmaceuticals have any interest income?
Yes, Rhythm Pharmaceuticals does have interest income. According to the company's latest annual report for the fiscal year ending Dec 31, 2023, Rhythm Pharmaceuticals reported revenue of 77428000 and interest income of 13945000. The interest income represents 15.26% of the combined total. It's worth noting that some companies may report additional interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
No, Rhythm Pharmaceuticals has not reported any interest income. According to the company's latest annual report for the fiscal year ending Dec 31, 2023, Rhythm Pharmaceuticals reported total revenue of 77428000, with no separate interest income disclosed. However, it's worth noting that some companies may report interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if Rhythm Pharmaceuticals stock is Shariah-compliant?
نحن نستخدم المبادئ التوجيهية التي وضعتها هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية (AAOIFI) لتقييم الامتثال للشريعة الإسلامية. هيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية هي منظمة دولية رائدة تضع معايير التمويل الإسلامي. تساعد إرشاداتها في تحديد ما إذا كانت الأنشطة التجارية للشركة و والهيكل المالي يتماشى مع المبادئ الإسلامية. وتحظى هذه المعايير باحترام واسع النطاق في وتوفر إطارًا متسقًا لتقييم مدى توافق الأسهم والأدوات المالية الأخرى مع الشريعة الإسلامية. والأدوات المالية الأخرى. وتضم الهيئة الشرعية لهيئة المحاسبة والمراجعة للمؤسسات المالية الإسلامية علماء مشهورين مثل الشيخ محمد تقي عثماني، والشيخ عبد الستار أبو غدة، والشيخ عبد الله المانع.
How often is Rhythm Pharmaceuticals stock reviewed for Shariah compliance?
The Shariah compliance status of Rhythm Pharmaceuticals stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on Rhythm Pharmaceuticals's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of RYTM, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from Rhythm Pharmaceuticals stock considered halal?
Yes, dividends from RYTM are considered halal. However, you may need to purify a portion of the dividend if the company has any impermissible revenue. Shariah standards typically allow up to 5% of revenue from impermissible sources for a stock to remain compliant. To find the exact percentage of impermissible revenue for Rhythm Pharmaceuticals (RYTM), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from RYTM are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my Rhythm Pharmaceuticals shares?
If you hold Rhythm Pharmaceuticals stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on stocks can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculation tool. For an even easier experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

How to buy Rhythm Pharmaceuticals (RYTM) stock on Zoya

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  3. حدد المبلغ الذي تريد استثماره
    انتقل إلى شاشة البحث واكتب اسم السهم في شريط البحث. بعد ذلك، انقر على زر الشراء وأدخل المبلغ الذي ترغب في استثماره، سواء بالدولار أو عدد الأسهم. راجع سعر السهم في الوقت الحقيقي وكمية الأسهم المقدرة قبل تأكيد استثمارك.
  4. قم بإدارة محفظتك في مكان واحد
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