Is Merit Medical Systems, Inc. MMSI stock halal to invest in?

Yes, as of August 2026, Merit Medical Systems, Inc. stock (MMSI) is 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. Merit Medical Systems, Inc. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 99.03%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Merit Medical Systems, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Merit Medical Systems, Inc. MMSI reviewed for Shariah compliance?

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screening ensures the status shown for Merit Medical Systems, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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

Yes, as of August 2026, Merit Medical Systems, Inc. stock (MMSI) 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. Merit Medical Systems, 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 Merit Medical Systems, Inc. MMSI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Merit Medical Systems, Inc. stock (MMSI) 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). Merit Medical Systems, 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 Merit Medical Systems, Inc. MMSI pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Merit Medical Systems, Inc. stock (MMSI) passes 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. This cap limits shareholders' exposure to interest-based leverage. Merit Medical Systems, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Merit Medical Systems, Inc. MMSI stock?

As of August 2026, the dividend purification factor for Merit Medical Systems, Inc. (MMSI) is 99.03%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Merit Medical Systems, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Merit Medical Systems, Inc. MMSI pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Merit Medical Systems, Inc. stock (MMSI) 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. Merit Medical Systems, 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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Merit Medical Systems, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

MMSI

About

Merit Medical Systems, Inc.

MMSI

Merit Medical Systems, Inc. is a renowned player within the healthcare industry, specializing in the development and manufacturing of medical devices used primarily for diagnostic and interventional procedures. Founded in 1987 and headquartered in South Jordan, Utah, the company designs an extensive range of products that cater to cardiology, radiology, oncology, critical care, and endoscopy procedures. Among its product offerings are catheters, micro introducers, inflation devices, and procedural kits, contributing significantly to improving patient care and outcomes. Merit Medical Systems has established a strong global presence by distributing its medical devices across various continents, thereby ensuring a diversified clientele. The company is pivotal in addressing the evolving demands of the healthcare sector, emphasizing innovation and adherence to high-quality standards. This strategic focus not only positions Merit Medical as a crucial contributor to medical advancements but also underscores its role in enhancing the efficiency and effectiveness of healthcare services worldwide.

Sector:

Healthcare

Industry:

Medical Instruments & Supplies

Employees:

7400

Website:

https://www.merit.com

MMSI

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Merit Medical Systems, Inc.

About

Merit Medical Systems, Inc.

MMSI

Frequently asked questions

Is Merit Medical Systems, Inc. MMSI stock halal to invest in?

How often is Merit Medical Systems, Inc. MMSI reviewed for Shariah compliance?

Does Merit Medical Systems, Inc. MMSI pass the AAOIFI Non Permissible Income criteria?

Does Merit Medical Systems, Inc. MMSI pass the AAOIFI Interest Bearing Investments criteria?

Does Merit Medical Systems, Inc. MMSI pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Merit Medical Systems, Inc. MMSI stock?

Does Merit Medical Systems, Inc. MMSI pass the AAOIFI Preference Share screen?

How do I buy Merit Medical Systems (MMSI) stock?

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