No. As of September 2026, Walgreens Boots Alliance Inc (WBA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Walgreens Boots Alliance Inc does not pass Musaffa's business and financial screening criteria.
Walgreens Boots Alliance, Inc. engages in the provision of healthcare and retail pharmacy services. The company is headquartered in Deerfield, Illinois and currently employs 193,000 full-time employees. The company went IPO on 2014-12-31. The Company’s segments include U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment includes the Walgreens business, which includes the operations of retail drug stores, health and wellness services, and specialty and home delivery pharmacy services, and its equity method investment in Cencora, Inc. The International segment consists of pharmacy-led health and beauty retail businesses outside the United States and a pharmaceutical wholesaling and distribution business in Germany. The pharmacy-led health and beauty retail businesses include Boots branded stores in the United Kingdom, the Republic of Ireland and Thailand, and the Benavides brand in Mexico. The firm's U.S. Healthcare segment is a consumer-centric, technology-enabled healthcare business that engages consumers through a personalized, omni-channel experience across the care journey.
Walgreens Boots Alliance Inc WBA
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Last Updated: Aug 27, 12:00 AM·BE
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WBA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Walgreens Boots Alliance Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Walgreens Boots Alliance Inc (WBA)
As of September 2026, Walgreens Boots Alliance Inc WBA is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Walgreens Boots Alliance Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Walgreens Boots Alliance Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Walgreens Boots Alliance Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Walgreens Boots Alliance Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Walgreens Boots Alliance Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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