Is Bristol Myers Squibb Co. BMY stock halal to invest in?

No, as of August 2026, Bristol Myers Squibb Co. stock (BMY) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Bristol Myers Squibb Co. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Bristol Myers Squibb Co. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Bristol Myers Squibb Co. BMY reviewed for Shariah compliance?

Tabadulat reviews Bristol Myers Squibb Co. BMY for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Bristol Myers Squibb Co. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Bristol Myers Squibb Co. BMY pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Bristol Myers Squibb Co. stock (BMY) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Bristol Myers Squibb Co.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Bristol Myers Squibb Co. BMY pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Bristol Myers Squibb Co. stock (BMY) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Bristol Myers Squibb Co.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Bristol Myers Squibb Co. BMY pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Bristol Myers Squibb Co. stock (BMY) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. Bristol Myers Squibb Co.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Bristol Myers Squibb Co. BMY stock?

Bristol Myers Squibb Co. (BMY) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Bristol Myers Squibb Co. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Bristol Myers Squibb Co. BMY pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Bristol Myers Squibb Co. stock (BMY) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Bristol Myers Squibb Co. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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العربية

Bristol Myers Squibb Co.

NYSE

Shariah-Compliant

Not Shariah

BMY

About

Bristol Myers Squibb Co.

BMY

Bristol-Myers Squibb Company is a renowned pharmaceutical corporation engaged in the discovery, development, and distribution of innovative medicines. The company's core focus lies in providing therapeutic solutions for areas such as oncology, immunology, cardiovascular disease, and fibrotic diseases. Founded in 1887 and headquartered in New York City, it has grown into a key player in the global healthcare market, influencing medical advancements and treatment protocols. Bristol-Myers Squibb is pivotal for its groundbreaking contributions to cancer treatment, particularly through its development of immunotherapy drugs, which alter and assist the immune system's ability to fight cancer cells. Additionally, the firm extends its impacts across multiple sectors, affecting industries such as biotechnology, pharmaceuticals, and healthcare. The company's significance is underscored by its extensive research and development investments, often collaborating with research institutions and academic entities worldwide to pioneer new treatments. Such collaborations expand its influence beyond product distribution to shaping future healthcare landscapes. Bristol-Myers Squibb's commitment to innovation and addressing unmet medical needs makes it a prominent entity in the pharmaceutical sector.

Sector:

Healthcare

Industry:

Drug Manufacturers - General

Employees:

34100

Website:

https://www.bms.com

BMY

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Bristol Myers Squibb Co.

About

Bristol Myers Squibb Co.

BMY

Frequently asked questions

Is Bristol Myers Squibb Co. BMY stock halal to invest in?

How often is Bristol Myers Squibb Co. BMY reviewed for Shariah compliance?

Does Bristol Myers Squibb Co. BMY pass the AAOIFI Non Permissible Income criteria?

Does Bristol Myers Squibb Co. BMY pass the AAOIFI Interest Bearing Investments criteria?

Does Bristol Myers Squibb Co. BMY pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Bristol Myers Squibb Co. BMY stock?

Does Bristol Myers Squibb Co. BMY pass the AAOIFI Preference Share screen?

Can I buy Bristol Myers Squibb (BMY) stock on Tabadulat?

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