Is ICU Medical, Inc. ICUI stock halal to invest in?

No, as of August 2026, ICU Medical, Inc. stock (ICUI) 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. ICU Medical, Inc. 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 ICU Medical, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is ICU Medical, Inc. ICUI reviewed for Shariah compliance?

Tabadulat reviews ICU Medical, Inc. ICUI 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 Monthly screening ensures the status shown for ICU Medical, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 ICU Medical, Inc. ICUI pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, ICU Medical, Inc. stock (ICUI) 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. ICU Medical, Inc.'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 ICU Medical, Inc. ICUI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, ICU Medical, Inc. stock (ICUI) 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). ICU Medical, Inc.'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 ICU Medical, Inc. ICUI pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, ICU Medical, Inc. stock (ICUI) 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. ICU Medical, Inc.'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 ICU Medical, Inc. ICUI stock?

ICU Medical, Inc. (ICUI) 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 ICU Medical, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does ICU Medical, Inc. ICUI pass the AAOIFI Preference Share screen?

Yes, as of August 2026, ICU Medical, Inc. stock (ICUI) 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. ICU Medical, Inc. 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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ICU Medical, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

ICUI

About

ICU Medical, Inc.

ICUI

Icu Medical Inc. is a healthcare technology company primarily focused on the development, manufacturing, and sale of innovative medical devices and systems used in infusion therapy and critical care applications. The company provides a range of products that include infusion pumps, infusion sets, and needle-free connectors, all designed to enhance patient safety and healthcare efficiency. With a strong presence in hospitals and other healthcare facilities, Icu Medical Inc. plays a pivotal role in meeting the demanding needs of healthcare professionals in delivering intravenous therapies. The company's emphasis on research and development has led to a reputation for high-quality and reliable medical solutions. Its impact is significant across sectors such as acute care, oncology, and pharmaceuticals, supporting the advancement of patient care globally. In the financial market, Icu Medical Inc. is recognized for its contributions to the healthcare industry, reflecting broader trends in medical innovation and technology.

Sector:

Healthcare

Industry:

Medical Instruments & Supplies

Employees:

15000

Website:

https://www.icumed.com

ICUI

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ICU Medical, Inc.

About

ICU Medical, Inc.

ICUI

Frequently asked questions

Is ICU Medical, Inc. ICUI stock halal to invest in?

How often is ICU Medical, Inc. ICUI reviewed for Shariah compliance?

Does ICU Medical, Inc. ICUI pass the AAOIFI Non Permissible Income criteria?

Does ICU Medical, Inc. ICUI pass the AAOIFI Interest Bearing Investments criteria?

Does ICU Medical, Inc. ICUI pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for ICU Medical, Inc. ICUI stock?

Does ICU Medical, Inc. ICUI pass the AAOIFI Preference Share screen?

Can I buy ICU Medical (ICUI) stock on Tabadulat?

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