Is TECH halal?
Bio-Techne Corp
Halal
Bio-Techne Corp 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
72.57
Day
+0.07%
Market cap
$11.37B
Industry
Biotechnology
Sector
Healthcare
What the company does
Bio-Techne makes life-science reagents (proteins, antibodies), analytical instruments and diagnostics. Customers are research labs and pharma; its money comes from reagent and instrument 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 $200.00M ÷ 36-month average market cap $10.26B = 1.9%
1.9%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $264.71M ÷ 36-month average market cap $10.26B = 2.6%
2.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $4.22M ÷ annual revenue $1.22B (2026) = 0.3%
0.3%
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: $11.37B.
For information (AAOIFI 3/1 note): cash + receivables are 18.6% 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
- 0.02% weight · #466 of 503
- Among halal stocks
- 0.02% · #397 of 1454
- Held by funds
- SPUS 0.03%
- Dividend
- 0.44% · purify 0.3% · net 0.44%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 5 superinvestors · Average reported price: $70.65
- Ruane Cunniff LP$236.6M3.7%
- Wallace WeitzWeitz Investment Management$38.4M2.7%
- Mairs & Power Funds$190.8M1.8%
- Lee AinslieMaverick Capital$108.5M1.0%
- Henry EllenbogenDurable Capital Partners$35.5M0.3%
Halal stocks in the same industry
The largest halal stocks in Biotechnology — 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.