Is Biogen Inc. (BIIB) halal? Halal. Based on AAOIFI screening, Biogen Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 68/100 (Grade: B).

Biogen Inc.

BIIB: Is Biogen Inc. Halal?

Halal

Biogen Inc.

NASDAQHealthcareUS

$198.67

-2.49%

Purify ~1% of income

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
B

Acceptable

Acceptable but room for improvement

68Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap21.9% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your BIIB Dividends

1.0% non-compliant income

BIIB has 1.0% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

29.3B

Price

$198.67

Sector

Healthcare

Industry

Drug Manufacturers鈥擥eneral

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Frequently Asked Questions

Is Biogen Inc. (BIIB) halal to invest in?
Based on AAOIFI Standard 21 screening, Biogen Inc. (BIIB) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Biogen Inc. get a B compliance rating?
Biogen Inc. (BIIB) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 21.9% (limit 30%); interest-bearing deposits of 11.1% (limit 30%); prohibited income of 0.98% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Biogen Inc.'s Shariah verdict?
Biogen Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Biogen Inc. re-screened for Shariah compliance?
Biogen Inc. (BIIB) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.