Halal Medical Devices stocks

Largest halal stocks — Medical Devices

The 30 largest by market cap. Open any row for the full stock page — ratios, formula and date.

#	Company	Market cap	Price	Debt	Cash	Interest income
1	Abbott LaboratoriesABT	$178.81B	104.89	19.0	4.5	0.7
2	Medtronic plc.MDT	$118.38B	94.75	25.3	7.9	—
3	Stryker CorporationSYK	$111.76B	294.66	11.2	2.6	—
4	Boston Scientific CorporationBSX	$63.47B	44.39	10.7	1.6	0.1
5	Edwards Lifesciences CorporatioEW	$49.22B	86.6	1.5	9.4	2.8
6	DexCom, Inc.DXCM	$32.09B	86.04	3.9	6.5	2.4
7	STERIS plc (Ireland)STE	$21.25B	222.66	8.9	2.1	0.2
8	Penumbra, Inc.PEN	$12.59B	320.86	0.2	6.6	1.2
9	Smith & Nephew SNATS, Inc.SNN	$12.15B	29.06	27.4	4.8	0.5
10	Globus Medical, Inc.GMED	$10.16B	76.71	0.0	7.9	—
11	Bio-Rad Laboratories, Inc.BIO	$9.89B	353.7	15.1	20.3	3.7
12	Glaukos CorporationGKOS	$9.82B	164.84	1.1	4.7	2.1
13	Insulet CorporationPODD	$9.60B	141.1	5.7	3.2	1.3
14	10x Genomics, Inc.TXG	$9.55B	69.86	0.0	19.2	3.1
15	Bruker CorporationBRKR	$8.66B	54.8	22.0	2.7	0.4
16	LivaNova PLCLIVN	$4.21B	77.58	9.8	17.3	1.4
17	iRhythm Holdings, Inc.IRTC	$3.46B	108.66	17.9	17.1	2.9
18	TransMedics Group, Inc.TMDX	$2.67B	70.78	25.0	13.7	—
19	UFP Technologies, Inc.UFPT	$2.31B	291.67	6.5	0.5	—
20	AxoGen, Inc.AXGN	$2.11B	34.62	0.0	12.0	—
21	Inspire Medical Systems, Inc.INSP	$1.99B	68.79	0.0	10.3	1.9
22	Establishment Labs Holdings IncESTA	$1.75B	59.18	18.3	5.0	0.2
23	Alamar Biosciences, Inc.ALMR	$1.70B	25.28	0.6	14.7	2.9
24	NovoCure LimitedNVCR	$1.65B	14.07	10.8	24.4	2.0
25	iRadimed CorporationIRMD	$1.15B	88.27	0.0	7.2	2.4
26	Artivion, Inc.AORT	$1.06B	21.78	27.8	5.8	0.2
27	PROCEPT BioRobotics CorporationPRCT	$1.03B	17.57	2.0	8.6	4.0
28	CeriBell, Inc.CBLL	$966.7M	25.04	2.8	18.1	—
29	SI-BONE, Inc.SIBN	$871.5M	19.68	5.3	21.6	3.0
30	OrthoPediatrics Corp.KIDS	$571.9M	21.95	17.4	8.0	—

Ratios in percent; limits: debt < 30%, cash < 30%, interest income < 5%.

Parent sector

Other industries in Healthcare

• Biotechnology81 / 592 halal
• Medical Instruments & Supplies27 / 49 halal
• Diagnostics & Research25 / 44 halal
• Drug Manufacturers - Specialty & Generic24 / 82 halal
• Health Information Services20 / 41 halal
• Medical Care Facilities20 / 49 halal
• Drug Manufacturers - General10 / 21 halal
• Medical Distribution6 / 11 halal

Frequently asked questions

Which Medical Devices stocks are halal?

According to our AAOIFI-based screening, 61 of 140 listed Medical Devices companies are halal. The largest by market cap: Abbott Laboratories (ABT), Medtronic plc. (MDT), Stryker Corporation (SYK), Boston Scientific Corporation (BSX), Edwards Lifesciences Corporatio (EW). Each company's ratios are on its stock page.

Why are some Medical Devices companies not halal?

78 companies in this industry are currently not halal. Reasons (one company can fail for several): Cash & investments ≥ 30% — 45; Interest-bearing debt ≥ 30% (of market cap) — 40; Interest (non-compliant) income ≥ 5% — 5; Other (collapsed market cap, no revenue, etc.) — 3.

Which sector does Medical Devices belong to?

Medical Devices is an industry within the Healthcare sector. Other industries there with a halal list: Biotechnology, Medical Instruments & Supplies, Diagnostics & Research, Drug Manufacturers - Specialty & Generic, Health Information Services, Medical Care Facilities, Drug Manufacturers - General, Medical Distribution.

Is this a fatwa or investment advice?

No. This is the result of automated screening based on public data. It is neither a fatwa nor an investment recommendation. Consult a scholar or adviser you trust before making decisions.

How often are the results updated?

Screening runs every day: when a new quarterly report comes out, the ratios are recalculated and the status may change. Each stock page shows the date it was checked.