Is RMD (ResMed Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, RMD 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 (2.69% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (3.82% vs ≤33% threshold).

ResMed Inc. is a global leader in digital health and cloud-connected medical devices, specializing in sleep apnea and respiratory care. The company manufactures ventilation devices, CPAP masks, and diagnostic products designed for both hospital and home use, alongside software solutions to manage patient outcomes. For Muslim investors, ResMed represents a solid Halal investment opportunity, having passed all four AAOIFI screening criteria. Its core business of life-improving medical technology is fundamentally permissible, and it successfully meets all financial screening thresholds without issue, meaning investors can confidently add it to their portfolios. From an Islamic finance perspective, ResMed boasts an exceptionally clean balance sheet. With a debt-to-market cap ratio of only 2.7% and zero reliance on interest income, the company operates well within Shariah boundaries, avoiding the excessive leverage that often disqualifies large healthcare firms. Since there are no major scholarly debates regarding its core medical device business, investors can feel confident in its current compliance. However, Muslim shareholders should continue to monitor its cloud-based software segment for any future acquisitions that might introduce non-compliant revenue streams. ResMed Inc. operates in the Healthcare sector under the Medical - Instruments & Supplies industry and is headquartered in San Diego, CA, US. The company is led by CEO Michael J. Farrell and employs approximately 9,980 people.

RMD 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. RMD passed 4 of these 4 screens.

RMD 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.

RMD 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.