Is MDT (Medtronic plc) Halal or Haram?

Based on our AAOIFI-standard shariah screening, MDT 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 (28.13% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (8.85% vs ≤33% threshold).

Medtronic plc is a global leader in medical technology, specializing in device-based therapies for healthcare systems and patients worldwide. Its extensive portfolio includes life-saving cardiovascular devices like implantable pacemakers, defibrillators, and aortic valves, alongside advanced remote monitoring software. For Muslim investors, Medtronic represents a fully compliant investment opportunity, having successfully passed all four AAOIFI screening criteria. Its core business of preserving human life through medical innovation is fundamentally aligned with Islamic values, earning it a Halal status on our platform. From a financial perspective, Medtronic demonstrates disciplined capital management suitable for halal portfolios. The company's debt-to-market cap ratio stands at a permissible 28.1%, while its interest income is 0.00%, ensuring investors are not exposed to prohibited riba-based earnings. While the stock is currently fully compliant, Islamic investors should continue to monitor Medtronic's debt levels during future acquisitions or market fluctuations. Ensuring the debt-to-market cap ratio remains below the 33% AAOIFI threshold will be key to maintaining its halal status long-term. Medtronic plc operates in the Healthcare sector under the Medical - Devices industry and is headquartered in Galway, IE. The company is led by CEO Geoffrey Straub Martha and employs approximately 95,000 people.

MDT 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. MDT passed 4 of these 4 screens.

MDT 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.

MDT 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.