Is PFE (Pfizer Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, PFE 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 (0.00% vs ≤33% threshold), interest income ratio (0.96% vs ≤5% threshold), and cash & securities ratio (0.00% vs ≤33% threshold).

Pfizer is a global biopharmaceutical powerhouse known for discovering and manufacturing medicines that treat everything from cardiovascular disease to rare cancers. Beyond its household name status during the pandemic for its COVID-19 vaccine and Paxlovid treatment, its portfolio includes blockbuster drugs like the blood thinner Eliquis and the breast cancer therapy Ibrance. The company operates across a vast range of therapeutic areas, including immunology and internal medicine, making it a cornerstone of the global healthcare infrastructure. For Muslim investors using Hal alStocks.co.uk, Pfizer represents a clean, shariah-compliant investment opportunity. The stock has successfully passed all four AAOIFI screening tests, confirming that its primary business activities are permissible and its financial ratios are well within halal limits. This ' Halal' designation means you can invest in PFE without the need for complex purification calculations often required for companies with higher interest-based income. Financially, Pfizer stands out with a remarkably low leverage profile for a company of its size, boasting a Debt-to-Market Cap ratio of 0.0% against the permissible threshold of 33 %. Furthermore, its interest income accounts for only 0.96% of total revenue, which is significantly safer than the 5 % limit allowed by Islamic finance standards. This suggests that the company relies on its actual sales of medicines rather than interest-bearing cash piles to generate value. While the current snapshot is highly favorable, investors should always keep an eye on Pfizer 's acquisition strategy. Large pharmaceutical companies often acquire smaller biotech firms, which can sometimes alter the parent company's debt profile or introduce new revenue streams that require re-screening. However, as it stands, Pfizer remains a robust, compliant option for a halal portfolio. Pfizer Inc. operates in the Healthcare sector under the Drug Manufacturers - General industry and is headquartered in New York City, NY, US. The company is led by CEO Albert Bourla and employs approximately 81,000 people.

PFE 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. PFE passed 4 of these 4 screens.

Although PFE passes all shariah screens, it does earn $603.0M in interest income (0.96% of revenue). Many scholars recommend purifying this portion by donating the equivalent percentage of any dividends received to charity. For example, if you receive $100 in dividends, you would donate approximately $0.96 to purify the income.

PFE was last screened on 2026-02-24. 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.