HalalyticsShariah compliance drift tracker

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LLY — ELI LILLY & Co

Data as of: 2026-03-31  ·  CIK: 0000059478

These standards disagree about this company. That usually comes down to the denominator convention or the threshold — both visible below. Neither is “wrong”; they are different scholarly positions.

Financial screens only

AAOIFI   Within limits

AAOIFI Shariah Standard No. 21 style screen. Market-cap denominators use a 36-month trailing average, which smooths out the 'passes because the stock rallied' effect that point-in-time market cap suffers from.

RatioValue LimitTrend
Debt
Total interest-bearing borrowings (including finance leases) against the 36-month average market capitalisation. Riba-based leverage above 30% of company value fails.
5.98%
30%Stable
Cash & securities
Liquid assets parked in interest-bearing instruments against the 36-month average market cap. A company that is mostly a bond portfolio is not really an equity investment.
1.17%
30%Stable
Impure income
Interest income plus revenue from impermissible activities, as a share of total revenue, both measured over the trailing twelve months so a single seasonal quarter cannot flip the verdict. Income above this line generally requires purification even where the stock passes.
0.15%
5%Stable

DJIM / MSCI Islamic style   Within limits

Dow Jones Islamic Market / MSCI Islamic style screen: three balance-sheet ratios against point-in-time market cap at 33%, plus the 5% income-purity test. Compare against AAOIFI - the standards disagree, and the disagreement itself is signal.

RatioValue LimitTrend
Debt
Total interest-bearing debt against current market capitalisation.
5.00%
33%Stable
Cash & securities
Cash and interest-bearing instruments against current market capitalisation.
0.98%
33%Stable
Receivables
Receivables represent debt owed to the company; trading a company that is mostly receivables approaches trading debt at other than par.
2.12%
33%Stable
Impure income
Interest income plus impermissible revenue as a share of trailing-twelve-month total revenue.
0.15%
5%Stable

MSCI Islamic (total-assets denominator)   Exceeds a limit

Third preset, shipped to prove the config system: this was added as a JSON file only, with zero new calculation code. Uses total assets rather than market cap as the denominator, which makes it insensitive to share-price moves - a stock can pass AAOIFI and fail this one purely because it rallied.

RatioValue LimitTrend
Debt
Leverage measured against the balance sheet rather than against market value.
37.20%
33%Breach
Cash & securities
Liquid interest-bearing assets as a share of total assets.
7.31%
33%Stable
Receivables
Receivables as a share of total assets.
~24.8 quarters of headroom at the current rate
15.81%
33%Stable
Impure income
Interest income plus impermissible revenue as a share of trailing-twelve-month total revenue.
0.15%
5%Stable
Business-activity screen not assessed. This page evaluates the financial ratios only. Whether the company earns revenue from activities such as alcohol, gambling, conventional finance or weapons is a judgement no automated feed provides — it requires reading the filings. A company can pass every ratio here and still be non-compliant on business activity.