
Is ABBV (AbbVie Inc.) Halal or Haram?
AbbVie demonstrates strong Shariah compliance under AA OIFI standards, comfortably passing all financial thresholds. Its debt-to-market cap ratio sits at a healthy 17.2 %, well below the 33% limit, and notably, the company reported negligible interest income relative to its total revenue.
Discussion
Sign in to join the discussion
Loading comments...
Shariah Screening Details for ABBV
Business Activity
Permissible
Abb Vie passes the business activity screen as its core revenue comes from permissible pharmaceuticals like Humira, Skyrizi, and Rinvoq, with no significant involvement in prohibited industries.
Debt / Market Cap
17.22%
Interest Income
0.00%
Cash & Securities
1.31%
About AbbVie Inc. (ABBV)
AbbVie Inc. is a global biopharmaceutical giant focused on developing advanced therapies for complex medical conditions. Its portfolio is anchored by blockbuster immunology drugs like Humira, Skyrizi, and Rinvoq, alongside significant oncology treatments such as Imbruvica and Venclexta. The company has successfully transitioned from relying solely on Humira to a diversified pipeline addressing autoimmune diseases, oncology, and virology.
For Muslim investors, AbbVie represents a compliant investment opportunity, having passed all four AAOIFI screening criteria. The company's core business of manufacturing life-saving medication is inherently permissible (Halal), and it does not derive revenue from prohibited activities like alcohol, gambling, or conventional banking. This makes it a straightforward 'Pass' for those building a Shariah-compliant portfolio.
Financially, Abb Vie maintains a clean profile for Islamic screening purposes. Its interest-bearing debt relative to its market capitalization is 17.2 %, which provides a comfortable buffer against the 33% maximum threshold. Furthermore, the company's cash and interest -bearing securities account for only 1.3% of its market cap, indicating efficient capital deployment rather than hoarding cash in interest- earning accounts.
Investors should continue to monitor the company's acquisition strategy, as large pharmaceutical mergers are often funded through debt. While current levels are compliant, significant future borrowing to fund pipeline expansion or buyouts could impact the debt- to-market cap ratio. However, at present, AbbVie remains a robust and compliant choice within the healthcare sector.
CEO
Scott T. Reents
Employees
55,000
IPO Date
2013-01-02
Headquarters
North Chicago, IL, US
Website
www.abbvie.comABBV Key Financial Statistics
Revenue
$61.16B
Net Income
$4.23B
EPS (Diluted)
$2.36
Stock Price
226.92
Beta
0.33
52-Week Range
164.39-244.81
Total Debt
$69.07B
Total Equity
$-3.27B
Current Ratio
0.67
ABBV Financial Health & Profitability
Profit Margins
Revenue Growth (YoY)
+8.6%
Prior year: $56.33B
Net Debt
$63.84B
Cash: $5.23B — Debt: $69.07B
R&D Spending
$9.10B
% of Revenue
14.9%
Frequently Asked Questions About ABBV
Is ABBV (AbbVie Inc.) stock halal to invest in?▾
What does AbbVie Inc. do?▾
What screening criteria were used for ABBV?▾
Does ABBV require income purification?▾
When was ABBV last screened?▾
Disclaimer
This shariah compliance assessment for ABBV (AbbVie Inc.) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-02-25.