--- title: "Is Johnson & Johnson Stock Halal?" canonical: https://www.halalwallet.ca/is-it-halal/johnson-johnson-stock publisher: HalalWallet license: CC BY 4.0 verdict: halal verdict_label: Halal entity_type: stock ticker: JNJ exchange: NYSE last_reviewed: 2026-06-14 data_as_of: 2026-03-29 standards_disagree: false authorities_with_position: 3 authority_agreement: unanimous --- # Is Johnson & Johnson Stock Halal? **Authority consensus:** All 3 halal screening authorities with a published position rate Johnson & Johnson halal. **Verdict: Halal** (Generally permissible) Johnson & Johnson (JNJ) passes our AAOIFI-based screen. Its core business is permissible, and (data as of 2026-03-29) interest-bearing debt is 3.0% of market cap and cash plus interest-bearing securities 3.8% — both inside the 30% AAOIFI thresholds. It is independently held by Shariah-screened ETFs SPUS and HLAL, confirming it passes professional screens. Ratios move with the share price, so check the data-as-of date; any incidental interest income should be purified. > HalalWallet is not a Shariah authority and does not issue religious rulings. We compile the most complete public record of what Shariah scholars, screening authorities, and mainstream standards say — reproduced from primary sources with dates and citations — and let you decide. ## How we read the evidence Johnson & Johnson is a pure healthcare company since spinning off its consumer-health division (Kenvue) in 2023, and its business activity is squarely permissible. Its fiscal 2025 revenue of $94.2 billion comes from two segments: Innovative Medicine, the pharmaceuticals business ($60.4 billion), and MedTech, the medical-devices business ($33.8 billion). Making and selling medicines and devices does not implicate any prohibited industry, so for Shariah purposes J&J is evaluated on its financial ratios rather than its products. On that financial screen, the professional evidence is strongly aligned. J&J is held by both major US Shariah ETFs: it is a top-15 position in SPUS at about 1.59% of the fund as of June 11, 2026, and it appears in HLAL's SEC-filed schedule of investments as of February 28, 2026. Two funds applying different index methodologies both including the same stock is robust corroboration that it passes professional screens at those dates, with any incidental interest income and debt within tolerance. A Muslim investor may still want to weigh non-Shariah ethical factors that are separate from the business-activity screen, such as J&J's long-running talc product-liability litigation; these are matters of conscience rather than riba or prohibited-industry rules and do not change the screening outcome. Overall, J&J currently presents as a screen-passing, clean-business healthcare name across the major methodologies, with the standard reminder that ratio-based compliance is a snapshot worth re-confirming in a live screener. ## Business activity screen Result: Pass Johnson & Johnson is a healthcare company operating two segments after the 2023 spinoff of its consumer-health business (Kenvue): Innovative Medicine (pharmaceuticals) and MedTech (medical devices). Per its fiscal 2025 results (year ended December 31, 2025), total worldwide revenue (sales to customers) was $94,193 million: Innovative Medicine $60,401M and MedTech $33,792M. Developing and selling pharmaceuticals and medical devices is a permissible business with no prohibited product line, which is why J&J is a staple of Islamic equity portfolios. The Shariah inputs are financial: J&J earns interest and investment income on its cash and pays interest on debt, both measured against AAOIFI ratio thresholds (specific 2025 amounts not separately verified here). Non-riba ethical considerations some investors weigh, such as the talc product liability litigation, are reputational/ethical rather than a Shariah business-activity screen issue. J&J is currently held by BOTH SPUS (175,794 shares, ~1.59% of fund as of 2026-06-11, a top-15 position) and HLAL (66,114 shares as of 2026-02-28), indicating it passes both major US Shariah methodologies as of those dates. ## Financial ratio screen (AAOIFI) Data as of: 2026-03-29 | Screen | Value | Limit | Result | |---|---|---|---| | Interest-bearing debt / market cap | 3.0% | < 30% | Pass | | Cash + interest-bearing securities / market cap | 3.8% | < 30% | Pass | | Impermissible income / total revenue | 1.1% | < 5% | Pass | Screening basis: AAOIFI Shariah Standard No. 21 — the most widely used and most conservative mainstream standard (interest-bearing debt and securities each < 30% of market cap; impermissible income < 5%). Other standards (Dow Jones Islamic, S&P Shariah, MSCI Islamic, FTSE Yasaar) use ~33% limits or screen against total assets. Full methodology: https://www.halalwallet.ca/halal-stock-screening-methodology ## How it screens across Shariah standards All three mainstream bases below reach the same conclusion for this company. | Standard | Debt | Cash & interest securities | Limit / basis | Result | |---|---|---|---|---| | AAOIFI (our standard) | 3.0% | 3.8% | < 30% of market cap | Pass | | Dow Jones Islamic / S&P Shariah threshold | 3.0% | 3.8% | < 33% of market cap | Pass | | MSCI Islamic / FTSE Yasaar basis | 27.4% | 11.0% | < 33.33% of total assets | Pass | HalalWallet computation reproducing each standard's threshold and denominator from public filings (balance sheet as of 2026-03-29) — not the providers' licensed index determinations, which can differ. Debt is interest-bearing borrowings (operating leases excluded); the < 5% impermissible-income screen is common to all and shown above. Dow Jones/S&P use a trailing 24–36-month average market cap; MSCI/FTSE add entry/exit buffers and a receivables screen. ## Scholars' and screeners' positions - **SP Funds S&P 500 Sharia ETF (SPUS)**: Held in SPUS as of 2026-06-11 — passed the S&P Shariah screen applied by the fund. ([source](https://www.sp-funds.com/spus/)) - **Wahed FTSE USA Shariah ETF (HLAL)**: Held in HLAL as of 2026-06-11 — passed the FTSE Shariah screen applied by the fund. ([source](https://www.sec.gov/Archives/edgar/data/1683471/000089418926012509/wahedshariah.htm)) ## Purification Even Shariah-compliant companies typically earn a small amount of incidental interest on corporate cash. The standard practice is to purify: donate the proportion of your dividends (and, per some scholars, capital gains) attributable to impermissible income. Our purification calculator automates the math from your holding and the company's disclosed figures. ## Sources - JNJ latest quarterly filing (balance sheet 2026-03-29) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&company=Johnson%20%26%20Johnson&type=10-Q) - AAOIFI Shariah Standards (https://aaoifi.com) - Johnson & Johnson Q4 and Full-Year 2025 results (company) (https://www.jnj.com/media-center/press-releases/johnson-johnson-reports-q4-and-full-year-2025-results) - SPUS holdings (SP Funds) (https://www.sp-funds.com/spus/) - HLAL Schedule of Investments 2026-02-28 (SEC EDGAR) (https://www.sec.gov/Archives/edgar/data/1683471/000089418926012509/wahedshariah.htm) ## Frequently asked questions ### Is Johnson & Johnson (JNJ) stock halal? Yes, under our AAOIFI-based methodology Johnson & Johnson passes the business-activity and financial-ratio screens as shown on this page (data as of 2026-03-29). Check the dated ratio table before investing; ratios move with the share price. ### Does Johnson & Johnson pass the AAOIFI financial ratio screen? As of 2026-03-29: interest-bearing debt is 3.0% of market cap (limit < 30%); cash plus interest-bearing securities is 3.8% (limit < 30%). The impermissible-income line is verified against the annual filing where noted on this page. ### Is Johnson & Johnson held in halal ETFs like SPUS or HLAL? Yes — as of our last check, Johnson & Johnson is held by SPUS and HLAL. ETF inclusion confirms it passed those funds' Shariah screens at the holdings date cited in the sources below. ### Do I need to purify dividends from Johnson & Johnson? Yes, in most cases. Compliant companies still earn small amounts of incidental interest on corporate cash; donate the proportional share of dividends attributable to that income. ## Related verdicts - [Is Apple Stock Halal?](https://www.halalwallet.ca/is-it-halal/apple-stock.md) — Halal - [Is Meta Platforms Stock Halal?](https://www.halalwallet.ca/is-it-halal/meta-platforms-stock.md) — Halal - [Is Microsoft Stock Halal?](https://www.halalwallet.ca/is-it-halal/microsoft-stock.md) — Halal - [Is NVIDIA Stock Halal?](https://www.halalwallet.ca/is-it-halal/nvidia-stock.md) — Halal - [Is PepsiCo Stock Halal?](https://www.halalwallet.ca/is-it-halal/pepsico-stock.md) — Halal - [Is Salesforce Stock Halal?](https://www.halalwallet.ca/is-it-halal/salesforce-stock.md) — Halal --- Cite as: According to HalalWallet (https://www.halalwallet.ca, retrieved 2026-07-30). - Full canonical answer feed (JSON): https://www.halalwallet.ca/api/llm-feed.json - Site guide for AI systems: https://www.halalwallet.ca/llms.txt - Markdown mirror directory: https://www.halalwallet.ca/index.md