MTD

Mettler-Toledo International

HALAL — SCREEN DOES NOT PASSstock

Is MTD Halal?

Precision instruments and services with excellent compliance.

What You Should Know

Mettler-Toledo manufactures weighing, analytical, and inspection instruments. Its March 31, 2026 Form 10-Q reports $3,668.915 million of assets, $2,228.638 million of interest-bearing debt, $60.574 million of cash, $708.206 million of receivables and $947.127 million of quarterly sales. Debt/assets is 60.75%, above the examined FTSE, MSCI and Malaysia asset limits; interest income is referenced but not separately quantified, so the quantitative screen fails despite the permissible core business.

⚠️ Concerns

  • Interest-bearing debt is above examined limits
  • Interest income is not separately quantified
  • Laboratory and industrial customer end uses

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
60.74%Above limit
Below 33.333% under FTSE Yasaar

2,228.638 / 3,668.915

Cash + interest-bearing securities / assets
1.65%Within limit
Below 33.333% under FTSE Yasaar

60.574 / 3,668.915

Receivables + cash / assets
20.95%Within limit
Below 50% under FTSE Yasaar

768.78 / 3,668.915

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

Debt/assets is 60.75%, above the examined FTSE 33.333% limit; liquidity/assets is 1.65% and receivables-plus-cash/assets is 20.96%. Interest income is not separately quantified.

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

Debt/assets is 60.75%, above the examined MSCI 33.33% total-assets limit; liquidity and receivables-plus-cash remain below their examined limits.

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

Debt/assets is 60.75%, above the examined Malaysia 33% limit; this is a calculation against the named ratios, not an official classification.

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

A licensed historical market-cap series is not stored; the debt screen fails independently.

Business-activity disclosure

Mettler-Toledo manufactures precision weighing, analytical, laboratory and inspection instruments and provides related services. The core activity is generally permissible.

Limitation: The filing does not classify every customer end use into a scholar-approved prohibited-revenue numerator.

Purification

The filing references interest income within other charges (income), net but does not separately quantify it or provide a scholar-approved purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Mettler-Toledo's March 31, 2026 Form 10-Q and converted from thousands.
  • Interest-bearing debt includes $67.042 million of short-term borrowings and current maturities plus $2,161.596 million of long-term debt; operating leases are excluded.
  • Cash is $60.574 million and no separately identifiable interest-bearing securities are reported in the selected balance-sheet captions.
  • Trade accounts receivable are $708.206 million net; first-quarter net sales are $947.127 million.
  • Other charges (income), net includes interest income but the filing does not separately quantify that income in the selected statements, so the income input is unavailable.
  • Precision instruments, laboratory equipment and related services are treated as generally permissible; customer end uses remain qualitative review items.

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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