Is IDXX halal?
IDEXX Laboratories, Inc.
Halal
IDEXX Laboratories, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
560.36
Day
+2.41%
Market cap
$41.49B
Industry
Diagnostics & Research
Sector
Healthcare
What the company does
IDEXX provides veterinary diagnostics: blood-analysis instruments, rapid tests and lab services for animal clinics, plus water-quality tests. Its money comes from consumables and lab services.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $968.86M ÷ 36-month average market cap $43.17B = 2.2%
2.2%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $225.73M ÷ 36-month average market cap $43.17B = 0.5%
0.5%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $3.01M ÷ annual revenue $4.30B (2025) = 0.1%
0.1%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $41.49B.
For information (AAOIFI 3/1 note): cash + receivables are 27.3% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.07% weight · #255 of 503
- Among halal stocks
- 0.06% · #186 of 1454
- Held by funds
- SPUS 0.11% · HLAL 0.10%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 6 superinvestors · Average reported price: $526.44
- Terry SmithFundsmith$536.9M3.9%
- Polen Capital Management$280.3M2.4%
- Jensen Investment Management$55.6M1.4%
- Wallace WeitzWeitz Investment Management$18.6M1.3%
- Mairs & Power Funds$1.1M0.0%
- Bill NygrenOakmark Funds$240K0.0%
Halal stocks in the same industry
The largest halal stocks in Diagnostics & Research — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.