Is COO (The Cooper Companies, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, COO is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (22.61% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (0.90% vs ≤33% threshold).

The Cooper Companies, Inc. (COO) is a global medical device company operating through two main segments: CooperVision and CooperSurgical. CooperVision is a major player in the vision care market, producing spherical, toric, and multifocal contact lenses, while CooperSurgical focuses on advancing women's healthcare and fertility solutions with specialized medical instruments. For Muslim investors, COO represents a compelling opportunity as it successfully passes all AAOIFI Shariah screening criteria and is classified as Halal. The company's core business in medical supplies provides clear societal benefits, making its primary revenue streams completely permissible without any non-compliant business activities. From a financial perspective, The Cooper Companies maintains healthy, Shariah-compliant balance sheet metrics. Its debt-to-market capitalization stands at an acceptable 22.6%, well below the 33% threshold, and it derives absolutely no revenue (0.00%) from impermissible interest income, making it a very clean stock for halal portfolios. While there is no scholarly debate regarding the permissibility of medical devices, Muslim investors should continue to monitor the company's debt levels during future corporate acquisitions. As CooperSurgical continues to expand its healthcare offerings, keeping an eye on the debt-to-market cap ratio will ensure ongoing AAOIFI compliance. The Cooper Companies, Inc. operates in the Healthcare sector under the Medical - Instruments & Supplies industry and is headquartered in San Ramon, CA, US. The company is led by CEO Albert G. White and employs approximately 16,000 people.

COO was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. COO passed 4 of these 4 screens.

COO has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.

COO was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.