Is MDLN halal?
Medline Inc.
Halal
Medline 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
35.96
Day
-1.67%
Market cap
$48.14B
Industry
Medical Instruments & Supplies
Sector
Healthcare
What the company does
Medline is the largest privately built medical-supplies maker and distributor in the US (IPO in 2025): gloves, surgical kits and patient-care products for hospitals and nursing homes. Its money comes from medical-supply sales.
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 $12.58B ÷ current market cap $48.14B = 26.1%
26.1%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $2.68B ÷ current market cap $48.14B = 5.6%
5.6%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
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.
For information (AAOIFI 3/1 note): cash + receivables are 16.1% 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
- Not in the S&P 500
- Among halal stocks
- 0.07% · #171 of 1454
- Held by funds
- HLAL 0.04%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 4 superinvestors · Average reported price: $39.44
- John ArmitageEgerton Capital$649.6M6.3%
- Stephen MandelLone Pine Capital$827.0M5.1%
- Henry EllenbogenDurable Capital Partners$103.6M1.0%
- Viking Global Investors$190.9M0.5%
Exited this quarter: Lee Ainslie
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Medical Instruments & Supplies — 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.