
TNDM: Is Tandem Diabetes Care, Inc. Halal?
Tandem Diabetes Care, Inc.
$15.41
+0.26%
Market Cap: 1.1B
Compliance Status
Doubtful
Screened on Jul 20, 2026 · AAOIFI Standard 21
Marginal
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 48/100 (Grade: C).
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own TNDM, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purify 1% of your income from TNDM
That is about $1.00 of every $100 you earn from it. Donate this share to charity.
Calculate my exact amountAbout Tandem Diabetes Care, Inc.
Tandem Diabetes Care, Inc., a medical technology firm, specializes in creating, developing, and marketing solutions for individuals globally who manage insulin-dependent diabetes. At the core of its offerings is the t:slim X2 insulin delivery system, an advanced pump platform that integrates the t:slim X2 pump, a disposable 300-unit insulin cartridge, and an infusion set. Tandem further enhances this platform with innovative features like Basal-IQ and Control-IQ technology, as well as G5 Integration capabilities. The company also provides the Tandem Device Updater, enabling users to easily update their pump's software. To facilitate therapy management, Tandem offers t:connect, a web-based application that visually presents diabetes data from the pump, continuous glucose monitoring (CGM) devices, and supported blood glucose meters to patients, their caregivers, and healthcare professionals. Additionally, the Sugarmate mobile application caters specifically to insulin users with diabetes. Tandem has strategic development and commercialization partnerships with leading companies such as Dexcom, Inc. and Abbott Laboratories. Established in 2006 and headquartered in San Diego, California, the company was initially known as Phluid Inc. before rebranding as Tandem Diabetes Care, Inc. in January 2008.
Sector: Healthcare · Industry: Medical - Devices
Why This Stock Is Doubtful
- Debt is 29.4% of market cap, only 0.6 points below the 30% AAOIFI limit
- Interest-bearing deposits are 27.7% of market cap, only 2.3 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
Compliance History
Doubtfulnow
since Jun 2026
Halal
until the change above
Doubtful
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
Is Tandem Diabetes Care, Inc. (TNDM) halal to invest in?
Why did Tandem Diabetes Care, Inc. get a C compliance rating?
What could change Tandem Diabetes Care, Inc.'s Shariah verdict?
How often is Tandem Diabetes Care, Inc. re-screened for Shariah compliance?
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.