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Medtronic PLC

MDT
Israel Flag Israeli Tech Ecosystem Related
Shariah Status:
Passed

Company Overview

Medtronic Plc is a medical technology company, which engages in the development, manufacture, distribution, and sale of device-based medical therapies and services. It operates through the following segments: Cardiovascular Porrtfolio, Neuroscience Portfolio, Medical Surgical Portfolio, and Diabetes Operating Unit. The Cardiovascular Portfolio segment includes products for the diagnosis, treatment, and management of cardiac rhythm disorders and cardiovascular disease. The Neuroscience Portfolio is made up of cranial and spinal technologies, specialty therapies, and neuromodulation divisions. The Medical Surgical Portfolio is comprised of surgical innovations and respiratory, gastrointestinal, and renal divisions. The Diabetes Group segment offers insulin pumps, continuous glucose monitoring systems, and insulin pump consumables. The company was founded in 1949 and is headquartered in Dublin, Ireland.

Country
US
Market Cap
$101.44B
Last Fiscal Year
2024
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.00% passed
5% Threshold
0.0%
Liabilities Compliance
24.66% passed
33% Threshold
24.7%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Business Compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Cardiovascular $11,830.0 $0.0 -
Neuroscience $9,410.0 $0.0 -
Medical Surgical $8,420.0 $0.0 -
Diabetes $2,490.0 $0.0 -
Other Operating Segment $221.0 $0.0 -
Total $32,371.0 $0.0 0.00% (passed)
Stock Information
Name Medtronic PLC
Ticker MDT
Main Business Medical Devices
Type Common Stock
Industry Medical Devices
Country US
Market Cap $101.44 B
Israeli Companies Funded
$749.1M
Employees in Israel
500+
Companies Funded
14
Israeli Portfolio 14 Companies
Itamar Medical logo

Itamar Medical

Founded: 1997

Home Sleep Testing and Endothelial Function Assessment

Acquired 201-500 employees $190.45M Funded
CathWorks logo

CathWorks

Founded: 2013

Noninvasive FFR Measurements for Coronary Interventions

D 51-200 employees $151.79M Funded
BrainsGate logo

BrainsGate

Founded: 2000

Minimally Invasive Treatment for Central Nervous System Diseases

F 11-50 employees $98.5M Funded
BioControl Medical logo

BioControl Medical

Founded: 1999

Active, Implantable Devices for Heart Failure

Seed 11-50 employees $70M Funded
BlueWind Medical logo

BlueWind Medical

Founded: 2010

Neuromodulation Therapy for Urge Urinary Incontinence

B 51-200 employees $64M Funded
BioProtect logo

BioProtect

Founded: 2004

Biodegradable Balloons for Safe Radiation Therapy

D 51-200 employees $62.25M Funded
Mazor Robotics logo

Mazor Robotics

Founded: 2001

Robotic Platform for Spine Surgery

Acquired 51-200 employees $50M Funded
Triple Jump logo

Triple Jump

Founded: 2015

Insulin Pump for Patients with Diabetes

Seed 11-50 employees $20M Funded
DreaMed Diabetes logo

DreaMed Diabetes

Founded: 2014

Personalized Diabetes Treatment Optimization Solutions

Seed 51-200 employees $16.8M Funded
Odin Medical Technologies logo

Odin Medical Technologies

Founded: 1996

MRI Systems for Brain Surgery

Acquired 1-10 employees $13M Funded
Nutrino logo

Nutrino

Founded: 2011

Virtual Personal Nutritionist

Acquired 11-50 employees $9.9M Funded
CogMe logo

CogMe

Founded: 2020

A Holistic AI Platform for Preventing and Detecting Cognitive and Physiological Decline in Older Adults

Seed 1-10 employees $1.4M Funded
AV Medical logo

AV Medical

Founded: 2012

Dialysis Access Management Balloon Catheter

Acquired 11-50 employees > $500K Funded
VisionSense logo

VisionSense

Founded: 1998

Stereoscopic Sight for Minimally Invasive Surgery

Acquired 0 employees > $500K Funded
Portfolio Exits 2 Exits
Public Offering None
Feb 2007
TASE logo
TASE
Stock Exchange
Valuation
None
M&A Acquired
Aug 2006 $9M
Odin Medical Technologies logo Odin Medical Technologies
Medtronic Medtronic logo
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