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Is Amgen Inc. (AMGN) halal?

NASDAQ · Healthcare — Biotechnology
Questionable

Amgen Inc. is questionable: interest-bearing debt is 28.2% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.1% of revenue (limit 5%). At least one ratio is close to its limit, so the result can change with the next report.

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation28.2%< 30%Close to limit
Non-permissible income ÷ revenue1.1%< 5%Within limit

A ratio at or above 30% (debt) or 5% (income) fails. A debt ratio of 27–30% or an income ratio of 4–5% is marked "close to limit" and makes the company questionable.

About Amgen Inc.

Amgen Inc. is a biotechnology company that discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses on innovative medicines addressing serious illnesses in areas such as oncology, inflammation, cardiovascular disease, bone health, nephrology, and neurology. Key products target conditions like cancer, rheumatoid arthritis, osteoporosis, anemia, and migraines, providing treatments that help manage chronic diseases and improve patient…

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Frequently asked questions

Is Amgen Inc. (AMGN) halal?

Amgen Inc. is questionable: interest-bearing debt is 28.2% of market capitalisation (limit 30%), and non-permissible (interest) income is 1.1% of revenue (limit 5%). At least one ratio is close to its limit, so the result can change with the next report.

What makes a stock halal or haram?

Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.

How much of Amgen Inc.'s dividends should be purified?

About 1.1% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.

How often is this updated?

Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-16). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.