Is REGN halal?
Regeneron Pharmaceuticals, Inc.
Not halal
Regeneron Pharmaceuticals, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 14 October 2026
Exchange
NASDAQ
Price
790.74
Day
-0.70%
Market cap
$78.95B
Industry
Biotechnology
Sector
Healthcare
What the company does
Regeneron is a biotech drugmaker: Eylea (eye diseases), Dupixent (with Sanofi, eczema/asthma) and Libtayo (cancer). Revenue comes from drug sales and its share from Sanofi.
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 $2.71B ÷ current market cap $78.95B = 3.4%
3.4%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $17.82B ÷ current market cap $78.95B = 22.6%
22.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $716.80M ÷ annual revenue $14.34B (2025) = 5.0%
5.0%
Fail
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 34.9% 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
- 0.12% weight · #150 of 503
- Held by funds
- HLAL 0.20% · SPUS 0.19%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $623.54
- Mason HawkinsSoutheastern Asset Management$95.0M5.0%
- Harry BurnSound Shore$79.2M2.4%
- Dodge & Cox Funds$3.0B1.6%
Exited this quarter: Michael Burry
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Biotechnology — for comparison.
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
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.