GILD

Gilead Sciences Inc.

HALAL — SCREEN DOES NOT PASSstock

Is GILD Halal?

Antiviral and other medicines are generally permissible, but March 2026 debt exceeds the examined one-third total-assets financial limit.

What You Should Know

Gilead develops antiviral, oncology and other medicines, including treatments for HIV and hepatitis, so the core life-preserving activity remains generally permissible. Its March 31, 2026 filing shows debt at 39.40% of total assets, identifiable liquidity at 15.33%, receivables plus cash at 21.98%, and interest income at 1.36% of quarterly revenue. Product formulation, licensing and collaboration details do not support an exact prohibited-revenue percentage.

⚠️ Concerns

  • Debt was 39.40% of total assets at March 31, 2026 and exceeds the examined 33.333% limit
  • Interest income was 1.36% of quarterly revenue
  • Product ingredients, clinical research, pricing, access, patents, licensing, government contracts and manufacturing ethics require qualitative review

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
39.40%Above limit
Below 33.333% under FTSE Yasaar

22,174 / 56,278

Cash + interest-bearing securities / assets
15.33%Within limit
Below 33.333% under FTSE Yasaar

8,626 / 56,278

Receivables + cash / assets
21.98%Within limit
Below 50% under FTSE Yasaar

12,369 / 56,278

Non-compliant income / revenue
1.36%Within limit
No more than 5% under FTSE Yasaar

95 / 6,960

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Debt/assets is 39.40%, above the examined 33.333% limit; liquidity/assets is 15.33%, receivables plus cash/assets is 21.98%, and disclosed interest income is 1.36%.

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

Debt/assets is 39.40%, above the examined 33.33% total-assets limit; liquidity and receivables plus cash pass. This is not an index-membership claim.

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

Debt/assets is 39.40%, above the examined 33% financial limit; this is a calculation against SAC ratios, not an official classification.

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

A properly licensed and reproducible historical market-cap series is not stored, so these methods are not estimated from a current spot price.

Business-activity disclosure

Gilead develops antiviral, HIV, hepatitis, oncology and other medicines. Life-preserving healthcare activity is generally permissible, while product and licensing details require evidence-based review.

Limitation: The filing does not provide a universal prohibited-revenue numerator by formulation, excipient, animal-derived input, indication, contract or licensing arrangement.

Purification

Disclosed interest income is 1.36% of quarterly revenue, but product-level screened business revenue remains unavailable; no fixed purification percentage is prescribed.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Gilead's March 31, 2026 Form 10-Q.
  • Debt includes current portion of long-term debt of $1,313 million and long-term debt of $20,861 million.
  • Cash is $7,628 million. Short- and long-term marketable debt securities total $998 million; equity and other investments are excluded.
  • Net accounts receivable is $4,741 million and quarterly revenue is $6,960 million.
  • Disclosed interest income is $95 million for the quarter.
  • Gilead reports product, royalty, contract and other revenue but does not classify every formulation, ingredient, indication, license or collaboration as a reproducible prohibited-revenue numerator.

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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