Is MiniMed Group, Inc. (MMED) Halal?
Shariah Screening — 5 Standards
Based on financial data from April 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 0.2% / 30% | 11.0% / 30% | 6.11% / 5% | ✗ NOT HALAL |
| DJIM | 0.2% / 33% | 0.2% / 33% | 11.0% / 33% | 6.11% / 5% | ✗ NOT HALAL |
| MSCI | 0.3% / 33% | 0.3% / 33% | 13.6% / 33% | 6.11% / 5% | ✗ NOT HALAL |
| S&P | 0.2% / 33% | 0.2% / 33% | 11.0% / 33% | 6.11% / 5% | ✗ NOT HALAL |
| FTSE | 0.3% / 33% | 0.3% / 33% | 13.6% / 50% | 6.11% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 56.8% | |
| Operating Margin | 1.4% | |
| Net Margin | -7.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $140M |
| Free Cash Flow | -$53M |
| Total Debt | $11M |
| Debt-to-Equity | 1.8 |
| Current Ratio | 1.8 |
| Total Assets | $4.2B |
Price & Trading
| Last Close | $15.27 |
| 50-Day MA | $16.72 |
| 200-Day MA | $16.72 |
| Avg Volume | 2.0M |
|
52-Week Range
$14.37
| |
About MiniMed Group, Inc. (MMED)
Minimed Group, Inc. operates as a medical technology company that develops, manufactures, and markets medical equipment for the management of diabetes. The company offers technologies including insulin delivery devices, including insulin pumps and pens, continuous glucose monitors, other consumables, supplies, and related software and services. It serves people with diabetes who require insulin therapy, which represents all people with T1D and a subset of those with T2D. The company's platform includes Automated Insulin Delivery (AID) systems for glucose sensing and automated insulin dosing and administration for glycemic control and Smart Multiple Daily Injection (MDI) systems for self-administering insulin by manual injections, which include InPen, Simplera, or Guardian 4, and wraparound applications and services. Minimed Group, Inc. was founded in 1983 and is headquartered in Northridge, California. Minimed Group, Inc. operates independently of Medtronic Global Holdings S.C.A. as of March 25, 2026.
Related Halal Stocks in Healthcare
Frequently Asked Questions
Is MiniMed Group, Inc. (MMED) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MiniMed Group, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is MiniMed Group, Inc.'s debt ratio?
MiniMed Group, Inc.'s debt ratio is 0.2% 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 0.3%.
What are MiniMed Group, Inc.'s key financial metrics?
MiniMed Group, Inc. has a market capitalization of $4.1B, and revenue of $2.7B. The company maintains a gross margin of 56.8% and a net margin of -7.3%.
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.