MOH

Molina Healthcare, Inc.

DOUBTFUL

Score: 48/100

stock

Is MOH Halal?

Managed-care health insurer — the health-insurance model raises gharar and riba concerns, so most scholars treat it as doubtful or non-compliant.

What You Should Know

Molina Healthcare, Inc. is a managed-care organization that provides health insurance to members through Medicaid, Medicare, and Marketplace programs. Like other health insurers covered here, its core business is insurance, which involves gharar (excessive uncertainty) and which earns investment income on float invested in interest-bearing instruments. Some scholars distinguish government-program managed care from conventional indemnity insurance and treat it more leniently, while stricter scholars consider any conventional health-insurance model non-compliant. Because the scholarly treatment is genuinely split, the stock is best treated as doubtful pending a Muslim investor's own school of thought. Interest income on float should be checked against the 5% threshold and purified.

⚠️ Concerns

•The core business is conventional health insurance, which raises gharar concerns and earns interest-based investment income on float
•Scholars are split — some treat government-program managed care more leniently, others consider the model non-compliant
•Interest income on float should be checked against the 5% threshold and the corresponding portion of returns purified
•The verdict is judgment-dependent — stricter investors should treat MOH as non-compliant and consider takaful and permissible businesses instead