Is Tandem Diabetes Care, Inc. (TNDM) halal? Doubtful. Based on AAOIFI screening, Tandem Diabetes Care, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 47/100 (Grade: C).

Tandem Diabetes Care, Inc.

TNDM: Is Tandem Diabetes Care, Inc. Halal?

Doubtful

Tandem Diabetes Care, Inc.

NASDAQHealthcareUS

$18.60

-2.72%

Purify ~1% of income

About Tandem Diabetes Care, Inc.

Tandem Diabetes Care, Inc., a medical device company, designs, develops, and commercializes various products for people with insulin-dependent diabetes in the United States and internationally. The company's flagship product is the t:slim X2 insulin delivery system, a pump platform that comprises t:slim X2 pump, its 300-unit disposable insulin cartridge, and an infusion set. It also provides t:slim X2 insulin with Basal-IQ and control IQ technology; t:slim X2 with G5 Integration; and Tandem Device Updater, a tool that allows users to update their pump's software. In addition, the company offers t:connect, a web-based data management application, which provides a visual way to display diabetes therapy management data from the pump, continuous glucose monitoring, and supported blood glucose meters for users, their caregivers, and their healthcare providers; and Sugarmate, a mobile app for people with diabetes who use insulin. It has development and commercialization agreements with Dexcom, Inc. and Abbott Laboratories. The company was formerly known as Phluid Inc. and changed its name to Tandem Diabetes Care, Inc. in January 2008. Tandem Diabetes Care, Inc. was incorporated in 2006 and is headquartered in San Diego, California.

Sector: Healthcare 路 Industry: Medical - Devices

Why This Stock Is Doubtful

  • Debt is 29.8% of market cap, only 0.2 points below the 30% AAOIFI limit
  • Interest-bearing deposits are 28.1% of market cap, only 1.9 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
C

Marginal

Multiple ratios near AAOIFI thresholds

47Score

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 Cap29.8% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Halal

    until the change above

  3. Doubtful

    until the change above

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

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

Purify Your TNDM Dividends

1.0% non-compliant income

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

Financial Overview

Market Cap

1.3B

Price

$18.60

Sector

Healthcare

Industry

Medical - Devices

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Frequently Asked Questions

Is Tandem Diabetes Care, Inc. (TNDM) halal to invest in?
Tandem Diabetes Care, Inc. (TNDM) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Tandem Diabetes Care, Inc. get a C compliance rating?
Tandem Diabetes Care, Inc. (TNDM) received a grade of C (Marginal) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 29.8% (limit 30%); interest-bearing deposits of 28.1% (limit 30%); prohibited income of 0.97% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Tandem Diabetes Care, Inc.'s Shariah verdict?
Tandem Diabetes Care, 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 Tandem Diabetes Care, Inc. re-screened for Shariah compliance?
Tandem Diabetes Care, Inc. (TNDM) 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.