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AAOIFI No. 21 screening

Is SNN halal?

Smith & Nephew SNATS, Inc.

Halal

Smith & Nephew SNATS, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.

Checked: 15 October 2026

Exchange

NYSE

Price

29.06

Day

-0.10%

Market cap

$12.15B

Industry

Medical Devices

Sector

Healthcare

What the company does

Smith+Nephew (UK) makes medical devices: orthopedic implants (knee, hip), sports-medicine surgical tools and wound-care products. Its money comes from sales to hospitals.

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 $3.33B ÷ current market cap $12.15B = 27.4%

    27.4%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $587.00M ÷ current market cap $12.15B = 4.8%

    4.8%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $28.00M ÷ annual revenue $6.16B (2025) = 0.5%

    0.5%

    Pass

Figures from the company's filings (2025-12-31), 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.

In the lists

In the S&P 500
Not in the S&P 500
Among halal stocks
0.02% · #378 of 1454
Held by funds
SPWO 0.06%

Superinvestors

SEC 13F, 2026 Q3. Up to 45 days delayed.

Held by 1 superinvestors · Average reported price: $28.81

All superinvestor portfolios

Halal stocks in the same industry

The largest halal stocks in Medical Devices — for comparison.

Related articles

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.