A

Agilent Technologies

HALAL — METHODS DIFFERstock

Is A Halal?

Analytical laboratory tools are generally permissible, subject to end-use review.

What You Should Know

Agilent's April 30, 2026 filing shows debt/assets of 25.68%, liquidity/assets of 13.83%, receivables plus cash/assets of 25.30% and disclosed interest income/revenue of 0.71%. Its life-sciences, diagnostics, CrossLab and applied-markets instruments are generally permissible, while pharmaceutical, chemical, environmental, government and customer end uses are not allocated into a universal prohibited-revenue numerator.

⚠️ Concerns

  • No reproducible prohibited-activity revenue allocation is disclosed by customer or end use
  • Applied Markets products can serve chemical, energy, environmental and industrial applications
  • Life-science and diagnostics workflows require product and research-ethics review
  • Financial ratios pass the examined asset-based screens, but business classification remains incomplete

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-04-30; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
25.68%Within limit
Below 33.333% under FTSE Yasaar

3,355 / 13,065

Cash + interest-bearing securities / assets
13.83%Within limit
Below 33.333% under FTSE Yasaar

1,807 / 13,065

Receivables + cash / assets
25.30%Within limit
Below 50% under FTSE Yasaar

3,305 / 13,065

Non-compliant income / revenue
0.71%Within limit
No more than 5% under FTSE Yasaar

13 / 1,835

FTSE Yasaar
v4.6, February 2026
Financial
Pass
Overall
Incomplete

Debt/assets is 25.68%, liquidity/assets is 13.83%, receivables plus cash/assets is 25.30% and interest income/revenue is 0.71%, below the examined limits; business classification remains incomplete.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Debt/assets is 25.68%, liquidity/assets is 13.83% and receivables plus cash/assets is 25.30%, below the examined MSCI total-assets limits; activity classification remains incomplete.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

The examined ratios pass at debt/assets 25.68% and liquidity/assets 13.83%; activity classification remains incomplete and this is not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A licensed historical market-cap series is not stored and business classification remains incomplete, so market-cap methods are not estimated from a current spot price.

Business-activity disclosure

Agilent supplies analytical instruments, software, services and consumables across life-sciences and diagnostics, CrossLab and applied-markets segments. Laboratory and measurement tools are generally permissible, while clinical, pharmaceutical, chemical, environmental, government and customer end uses require continuing review.

Limitation: The filing does not allocate revenue into a universal prohibited-activity numerator for customer end uses, regulated products, pharmaceutical workflows, government contracts or long-term investments.

Purification

Agilent discloses $13 million of interest income but does not prescribe a scholar-approved purification percentage; the disclosed ratio is evidence for the income screen, not a complete purification prescription.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Agilent's April 30, 2026 Form 10-Q and rounded to the nearest million.
  • Debt includes $304 million of short-term debt and $3,051 million of long-term debt; operating leases are excluded.
  • Cash and cash equivalents are $1,807 million. Long-term investments of $136 million are not added because the filing does not identify them as interest-bearing securities.
  • Accounts receivable, net are $1,498 million and second-quarter net revenue is $1,835 million; disclosed interest income is $13 million.
  • Agilent's fiscal year ends October 31; April 30, 2026 is the six-month fiscal-period balance-sheet date and second-quarter income statement period.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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