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AAOIFI 30/30/5 Screening

Halal Healthcare Stocks

Healthcare companies including pharmaceuticals, biotechnology, medical devices, and health services. Healthcare is generally considered a beneficial industry in Islam, though investors should verify individual company activities and financial ratios.

Healthcare Shariah Compliance Results

25 stocks from the Healthcare sector. Compliance data loads on first visit.

SymbolCompanyStatus
JNJJohnson & Johnson--
UNHUnitedHealth Group Inc.--
LLYEli Lilly and Company--
MRKMerck & Co. Inc.--
ABBVAbbVie Inc.--
PFEPfizer Inc.--
TMOThermo Fisher Scientific Inc.--
ABTAbbott Laboratories--
DHRDanaher Corporation--
BMYBristol-Myers Squibb Company--
AMGNAmgen Inc.--
GILDGilead Sciences Inc.--
ISRGIntuitive Surgical Inc.--
REGNRegeneron Pharmaceuticals Inc.--
VRTXVertex Pharmaceuticals Incorporated--
SYKStryker Corporation--
MDTMedtronic plc--
ZTSZTS--
BDXBDX--
EWEdwards Lifesciences Corporation--
DXCMDexCom Inc.--
IDXXIDEXX Laboratories Inc.--
ALGNALGN--
HOLXHOLX--
IQVIQV--

Frequently Asked Questions

Which Healthcare stocks are halal?

Halalytic screens Healthcare stocks using the AAOIFI 30/30/5 standard. The screening evaluates each company's business activity and three financial ratios: debt-to-market-cap (< 30%), cash-to-market-cap (< 30%), and non-permissible income-to-revenue (< 5%). Visit the individual stock pages for current compliance status.

Is the Healthcare sector halal to invest in?

The Healthcare & Pharmaceuticals sector is not inherently halal or haram as a whole. Each company must be individually screened against Shariah compliance standards. Some Healthcare companies pass all AAOIFI criteria while others fail due to excessive debt, cash holdings, or non-permissible income. Always screen individual stocks before investing.

What is the AAOIFI 30/30/5 screening standard?

The AAOIFI 30/30/5 standard is the most widely adopted Shariah screening methodology. It requires: (1) the company does not primarily operate in haram industries, (2) interest-bearing debt is below 30% of market capitalization, (3) cash and interest-bearing securities are below 30% of market cap, and (4) non-permissible income is below 5% of total revenue. A stock must pass all four criteria to be considered Shariah compliant.

Can a Healthcare stock's halal status change?

Yes. Shariah compliance status can change every quarter when companies release new financial data. Changes in debt levels, cash holdings, or revenue composition can push a stock above or below the AAOIFI thresholds. Halalytic uses the latest available financial data so you always see the current compliance status. We recommend checking compliance regularly, especially after earnings reports.

Do I need to pay zakat on Healthcare stocks?

Yes. If you hold stocks for investment (not just for day trading), you must pay zakat of 2.5% on the market value of your holdings once they exceed the nisab threshold and have been held for one full lunar year (hawl). Use the Halalytic Zakat Calculator to determine your exact zakat obligation on stock holdings.

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Disclaimer: Compliance status changes over time. Always verify current data. Automated screening is a helpful tool but does not replace scholarly review. Cross-reference results with qualified Shariah advisors.

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