What is Madrigal Pharmaceuticals, Inc.'s Shariah compliance score?

Madrigal Pharmaceuticals, Inc.'s (MDGL) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Madrigal Pharmaceuticals, Inc. pass AAOIFI screening?

Madrigal Pharmaceuticals, Inc. (MDGL) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (MDGL: 2.8%), (3) interest-bearing deposits below 30% (MDGL: 7.9%), and (4) prohibited income below 5% (MDGL: 6.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Madrigal Pharmaceuticals, Inc. stock?

Madrigal Pharmaceuticals, Inc. (MDGL) has a non-permissible income ratio of 6.83%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MDGL shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Madrigal Pharmaceuticals, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Madrigal Pharmaceuticals, Inc. (MDGL) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MDGL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MDGL: Is Madrigal Pharmaceuticals, Inc. Halal?

Madrigal Pharmaceuticals, Inc.

NASDAQHealthcareUS

$528.10

+2.67%

Market Cap: 12.2B

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Madrigal Pharmaceuticals, Inc. (MDGL) halal? Not Halal. Based on AAOIFI screening, Madrigal Pharmaceuticals, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

2.8% of 30.0% limit

What this means for you

Most scholars advise not holding MDGL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Madrigal Pharmaceuticals, Inc.

Madrigal Pharmaceuticals, Inc. is a biopharmaceutical company in the clinical development phase, concentrating its efforts on discovering and commercializing innovative treatments for cardiovascular, metabolic, and liver disorders. Its most advanced drug candidate, resmetirom, functions as a liver-targeted selective thyroid hormone receptor-ß agonist, currently undergoing late-stage (Phase III) clinical trials for managing non-alcoholic steatohepatitis (NASH). The company's pipeline also features MGL-3745, which serves as a secondary or backup compound to resmetirom. Madrigal holds a collaborative agreement with Hoffmann-La Roche, encompassing research, development, and commercialization activities. The company's operations are based out of West Conshohocken, Pennsylvania.

Sector: Healthcare · Industry: Biotechnology

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Healthcare

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Kotra Industries Bhd

$3.72

+0.01%

0075.KLA+

LYC Healthcare Bhd

$0.01

+0.00%

0101.KLA+

TMC Life Sciences Bhd

$0.47

+0.00%

0155.KLA+

Malaysian Genomics Resource Centre Bhd

$0.29

+0.00%

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Frequently Asked Questions

Is Madrigal Pharmaceuticals, Inc. (MDGL) halal to invest in?

Madrigal Pharmaceuticals, Inc. (MDGL) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Madrigal Pharmaceuticals, Inc. get a F compliance rating?

Madrigal Pharmaceuticals, Inc. (MDGL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.8% (limit 30%); interest-bearing deposits of 7.9% (limit 30%); prohibited income of 6.83% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Madrigal Pharmaceuticals, Inc.'s Shariah verdict?

Madrigal Pharmaceuticals, 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 Madrigal Pharmaceuticals, Inc. re-screened for Shariah compliance?

Madrigal Pharmaceuticals, Inc. (MDGL) 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: Jul 19, 2026.

Screened according to AAOIFI Standard No. 21 · 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.