What is Merit Medical Systems, Inc.'s Shariah compliance score?

Merit Medical Systems, Inc. (MMSI) has a Shariah compliance score of 73/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Merit Medical Systems, Inc. pass AAOIFI screening?

Merit Medical Systems, Inc. (MMSI) passes 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% (MMSI: 16.8%), (3) interest-bearing deposits below 30% (MMSI: 9.0%), and (4) prohibited income below 5% (MMSI: 1.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Merit Medical Systems, Inc. stock?

Merit Medical Systems, Inc. (MMSI) has a non-permissible income ratio of 1.06%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MMSI 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 Merit Medical Systems, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Merit Medical Systems, Inc. (MMSI) 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 MMSI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MMSI: Is Merit Medical Systems, Inc. Halal?

Merit Medical Systems, Inc.

NASDAQHealthcareUS

$73.44

+2.77%

Market Cap: 4.4B

Compliance Status

Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

B+

Good

73Score

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 73/100 (Grade: B+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

16.8% of 30.0% limit

What this means for you

You can own MMSI

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

Purify 1.1% of your income from MMSI

That is about $1.10 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Merit Medical Systems, Inc.

Merit Medical Systems, Inc. (MMSI) is engaged in the design, development, manufacturing, and worldwide commercialization of disposable medical products. These devices are crucial for a broad spectrum of diagnostic, therapeutic, and interventional procedures, primarily within the fields of cardiology, radiology, oncology, critical care, and endoscopy. The company operates through two main divisions: Cardiovascular and Endoscopy. Its extensive product portfolio includes advanced solutions for diagnosing and treating conditions in peripheral vessels and organs, as well as a comprehensive suite of cardiac intervention products. The latter encompasses tools for vascular access, angiography, electrophysiology, cardiac rhythm management, fluid and hemodynamic monitoring, hemostasis, and various interventional therapies for heart-related ailments. Additionally, MMSI provides customized procedural solutions, offering critical care items, disinfection protection systems, specialized syringes, manifold kits, and tailored trays and packs. Their offerings further extend to coated tubes and wires, alongside sophisticated sensor components for microelectromechanical systems (MEMS). The company also features pulmonary products, such as laser-cut tracheobronchial stents with their accompanying over-the-wire and direct visualization delivery systems, and dilation balloons used for endoscopic stricture dilation. Gastroenterology products, as well as essential kits and accessories for endoscopy and bronchoscopy procedures, complete their diverse catalog. Merit Medical Systems sells its products to a wide client base, including hospitals and healthcare professionals (physicians, technicians, and nurses) working in alternative care settings. Distribution channels include a direct sales force, authorized distributors, original equipment manufacturer (OEM) partnerships, and custom procedure tray manufacturers, reaching customers throughout the United States and internationally. Founded in 1987, Merit Medical Systems, Inc. has its corporate headquarters situated in South Jordan, Utah.

Sector: Healthcare · Industry: Medical - Instruments & Supplies

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Halalnow
since Jun 2026
Doubtful
until the change above
Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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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 16.8% (limit 30%); interest-bearing deposits of 9.0% (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: Jul 20, 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.