Is JNJ halal?
Johnson & Johnson
Halal
Johnson & Johnson 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
NYSE
Price
255.56
Day
+0.90%
Market cap
$605.80B
Industry
Drug Manufacturers - General
Sector
Healthcare
What the company does
Johnson & Johnson sells medicines (Darzalex, Stelara, Tremfya — about 65% of revenue) and medical technology (orthopedics, surgery, cardiology devices). Consumer products (Tylenol, Band-Aid) were spun off as Kenvue in 2023.
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 $49.04B ÷ 36-month average market cap $432.70B = 11.3%
11.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $20.76B ÷ 36-month average market cap $432.70B = 4.8%
4.8%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $1.06B ÷ annual revenue $94.19B (2025) = 1.1%
1.1%
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: $605.80B.
For information (AAOIFI 3/1 note): cash + receivables are 19.8% 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
- 0.92% weight · #17 of 503
- Among halal stocks
- 0.89% · #18 of 1454
- Held by funds
- HLAL 1.64% · SPUS 1.55%
- Dividend
- 1.99% · purify 1.1% · net 1.96%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 9 superinvestors · Average reported price: $253.98
- Yacktman Asset Management$320.0M4.0%
- Tweedy Browne$51.2M3.9%
- Mairs & Power Funds$107.4M1.0%
- Prem WatsaFairfax Financial Holdings$18.6M0.7%
- John RogersAriel Investments$9.0M0.1%
- Jensen Investment Management$2.2M0.1%
Exited this quarter: Richard Pzena
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Drug Manufacturers - General — for comparison.
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- Halal investingBlogHow to calculate purification for a halal stockEven a halal company earns a little interest. A simple formula and worked example for how much of your dividend to give to charity.
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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.