DHR

Danaher Corp.

HALAL — METHODS DIFFERstock

Is DHR Halal?

Life-science, diagnostics and environmental tools are generally permissible, subject to product review.

What You Should Know

Danaher's March 27, 2026 filing shows debt/assets of 22.12%, liquidity/assets of 6.82%, receivables plus cash/assets of 11.40% and disclosed interest income/revenue of 0.45%. Its life-science, diagnostics, biotechnology and environmental businesses generally support health and research, while ingredients, animal research, biopharma workflows and acquisition exposures require qualitative review.

⚠️ Concerns

  • Product ingredients, laboratory workflows and animal research require scholarly and ethical review
  • Biopharma and diagnostics revenue is not allocated by a universal prohibited-activity taxonomy
  • Pending acquisitions and integration debt can change the activity and financial profile
  • 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 2026-03-27; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
22.12%Within limit
Below 33.333% under FTSE Yasaar

18,484 / 83,544

Cash + interest-bearing securities / assets
6.82%Within limit
Below 33.333% under FTSE Yasaar

5,701 / 83,544

Receivables + cash / assets
11.40%Within limit
Below 50% under FTSE Yasaar

9,520 / 83,544

Non-compliant income / revenue
0.45%Within limit
No more than 5% under FTSE Yasaar

27 / 5,951

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

Debt/assets is 22.12%, liquidity/assets is 6.82%, receivables plus cash/assets is 11.40% and interest income/revenue is 0.45%, below the examined limits; activity classification remains incomplete.

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

Debt/assets is 22.12%, liquidity/assets is 6.82% and receivables plus cash/assets is 11.40%, 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 22.12% and liquidity/assets 6.82%; 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 activity classification remains incomplete, so market-cap methods are not estimated from a current spot price.

Business-activity disclosure

Danaher develops and supplies life-science instruments, diagnostics, biotechnology tools and environmental solutions. These activities generally support health, research and environmental protection, while product-specific diagnostics, biopharma, animal research and the pending Masimo acquisition require continuing qualitative review.

Limitation: The filing does not allocate revenue by product ingredient, research method, animal-testing exposure, customer end use or other universal prohibited-activity taxonomy.

Purification

Danaher discloses $27 million of interest income but does not prescribe a scholar-approved purification percentage; the 0.45% ratio is evidence for the income screen, not a complete purification prescription.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Danaher's March 27, 2026 Form 10-Q and rounded to the nearest million.
  • Debt includes $923 million of current notes payable/current long-term debt and $17,561 million of long-term debt; operating leases are excluded.
  • Cash and cash equivalents are $5,701 million; no separately identified interest-bearing securities balance is added.
  • First-quarter sales are $5,951 million, receivables are $3,819 million and disclosed interest income is $27 million.
  • Danaher's fiscal quarter ended March 27, 2026 rather than calendar quarter-end.

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.

🧾
Own DHR? Purify your portfolio.
Per-holding purification amounts, zakat on your shares, and halal alternatives for flagged holdings — a personalized report prepared for you within 48 hours.
Order Your Report — $49 →
Track DHR and 30,000+ stocks' live compliance status with Islamicly — 50% off with code ZAKAT50.Get Islamicly →

Want to screen more assets?

Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.

Go to Halal Checker →