Is ILLUMINA, INC. (ILMN) Halal?

NASDAQ Healthcare United States $18.0B
✓ HALAL
Confidence: 95/100
ILLUMINA, INC. (ILMN) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 13.4% against the AAOIFI threshold of 30%, ILLUMINA, INC. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Diagnostics & Research), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 13.4%
/ 30%
8.6%
/ 30%
4.5%
/ 30%
0.92%
/ 5%
✓ HALAL
DJIM 13.4%
/ 33%
8.6%
/ 33%
4.5%
/ 33%
0.92%
/ 5%
✓ HALAL
MSCI 38.4%
/ 33%
24.6%
/ 33%
12.9%
/ 33%
0.92%
/ 5%
✗ NOT HALAL
S&P 13.4%
/ 33%
8.6%
/ 33%
4.5%
/ 33%
0.92%
/ 5%
✓ HALAL
FTSE 38.4%
/ 33%
24.6%
/ 33%
12.9%
/ 50%
0.92%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
21.6
Forward: 20.2
EPS
$5.45
P/B Ratio
6.6
EV/EBITDA
16.6
EV: $18.9B
Revenue
$4.3B
Growth: 5.0%
Beta
1.5
High volatility
Current Ratio
2.1

Profitability

Gross Margin 68.2%
Operating Margin 19.7%
Net Margin 19.6%
Return on Equity (ROE) 33.4%
Return on Assets (ROA) 8.4%

Cash Flow & Balance Sheet

Operating Cash Flow$1.1B
Free Cash Flow$931M
Total Debt$2.6B
Debt-to-Equity93.8
Current Ratio2.1
Total Assets$6.6B

Price & Trading

Last Close$124.40
50-Day MA$129.38
200-Day MA$114.04
Avg Volume2.0M
Beta1.5
52-Week Range
$68.70
$155.53

About ILLUMINA, INC. (ILMN)

CEO
Mr. Jacob Thaysen Ph.D.
Employees
8,600
Sector
Healthcare
Industry
Diagnostics & Research
Country
United States
Exchange
NASDAQ
Market Cap
$18.0B
Currency
USD

Illumina, Inc. provides sequencing- and array-based solutions for genetic and genomic analysis in the Americas, Europe, Greater China, the Asia Pacific, the Middle East, and Africa. The company offers sequencing- and array-based instruments and consumables, which include reagents, flow cells, and library preparation; whole-genome sequencing kits, which sequence entire genomes of various size and complexity; and targeted resequencing kits, which sequence exomes, specific genes, and RNA or other genomic regions of interest. It also provides whole-genome sequencing, genotyping, noninvasive prenatal testing, and product support services. The company serves genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. The company markets and distributes its products directly to customers, as well as through life-science distributors. The company has a collaboration with Labcorp Holdings Inc. for the development of oncology treatments through applications of sequencing solutions across the healthcare ecosystem. Illumina, Inc. was incorporated in 1998 and is headquartered in San Diego, California.

Purification Calculator

As a halal stock with 0.92% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

Related Halal Stocks in Healthcare

Frequently Asked Questions

Is ILLUMINA, INC. (ILMN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ILLUMINA, INC. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is ILLUMINA, INC.'s debt ratio?

ILLUMINA, INC.'s debt ratio is 13.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 38.4%.

Does ILLUMINA, INC. require dividend purification?

Yes, ILLUMINA, INC. has an impermissible income ratio of 0.92%, which means 0.92% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are ILLUMINA, INC.'s key financial metrics?

ILLUMINA, INC. has a market capitalization of $18.0B, trailing P/E ratio of 21.6, and revenue of $4.3B. The company maintains a gross margin of 68.2% and a net margin of 19.6%. Return on equity stands at 33.4%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.