Is Merit Medical Systems, Inc. (MMSI) halal? Halal. Based on AAOIFI screening, Merit Medical Systems, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 71/100 (Grade: B+).

Merit Medical Systems, Inc.

MMSI: Is Merit Medical Systems, Inc. Halal?

Halal

Merit Medical Systems, Inc.

NASDAQHealthcareUS

$61.36

-2.43%

Purify ~1.1% of income

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
B+

Good

Good compliance with minor concerns

71Score

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 Cap18.9% / 30.0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

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

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

Purify Your MMSI Dividends

1.1% non-compliant income

MMSI has 1.1% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

3.7B

Price

$61.36

Sector

Healthcare

Industry

Medical Instruments & Supplies

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Frequently Asked Questions

Is Merit Medical Systems, Inc. (MMSI) halal to invest in?
Based on AAOIFI Standard 21 screening, Merit Medical Systems, Inc. (MMSI) is rated Halal with a compliance grade of B+ (Good). 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 Merit Medical Systems, Inc. get a B+ compliance rating?
Merit Medical Systems, Inc. (MMSI) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 18.9% (limit 30%); interest-bearing deposits of 10.2% (limit 30%); prohibited income of 1.06% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Merit Medical Systems, Inc.'s Shariah verdict?
Merit Medical Systems, 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 Merit Medical Systems, Inc. re-screened for Shariah compliance?
Merit Medical Systems, Inc. (MMSI) 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.