Is MiniMed Group (MMED) Stock Halal?

Compliance Status

Halal

Screened on Nov 9, 2026 · AAOIFI Standard 21

A+

Excellent

93Score

Is MiniMed Group, Inc. (MMED) halal? Halal. Based on AAOIFI screening, MiniMed Group, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 93/100 (Grade: A+).

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HalalScreener rates MiniMed Group, Inc. (MMED) Halal, 93/100, grade A+ under AAOIFI Standard 21, screened Nov 9, 2026. Source: https://halalscreener.app/en/stock/MMED

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%.

1.3% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own MMED

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened MMED's prohibited income, but the exact share you would need to purify is part of Pro.

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MiniMed Group, Inc.

MMED

MiniMed Group, Inc.

NASDAQHealthcareUS

$18.25

Market Cap: 5.1B

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About MiniMed Group, Inc.

MiniMed Group, Inc. specializes in designing, producing, and distributing a broad spectrum of medical technologies and solutions aimed at effective diabetes management. The company's diverse portfolio features essential tools like insulin pumps, continuous glucose monitoring (CGM) systems, infusion sets, specialized software platforms, and various supplementary accessories. These innovations are crafted to enable both patients and healthcare providers to accurately monitor and precisely regulate blood glucose levels. The enterprise was established in 1983 by Alfred E. Mann and is currently headquartered in Northridge, California.

Sector: Healthcare · Industry: Medical - Equipment & Services

Shariah Compliance Status

AAOIFI Standard 21Updated Nov 9, 2026
AI Compliance InsightProSee plans
Revenue BreakdownProSee plans

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2027Data source: EDGAR
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Frequently Asked Questions

Is MiniMed Group, Inc. (MMED) halal to invest in?
Based on AAOIFI Standard 21 screening, MiniMed Group, Inc. (MMED) is rated Halal with a compliance grade of A+ (Excellent). 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 MiniMed Group, Inc. get a A+ compliance rating?
MiniMed Group, Inc. (MMED) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.3% (limit 30%); interest-bearing deposits well clear of the 30% limit; prohibited income well clear of the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change MiniMed Group, Inc.'s Shariah verdict?
MiniMed Group, Inc.'s verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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 MiniMed Group, Inc. re-screened for Shariah compliance?
MiniMed Group, Inc. (MMED) is screened from the latest financial statements on record, currently those for fiscal Q1 2027. The 500 largest US-listed companies, and every stock on a HalalScreener watchlist or portfolio, are re-screened daily against the current market cap; every other stock at least once a week. When the company files a new quarterly or annual report with the SEC, it is re-screened from that filing: we check the SEC's filing feed every 15 minutes and the earnings calendar every day. Last screened: Nov 9, 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.