Most atoms and molecules have magnetic (dipole) moments. The electron has an intrinsic magnetic dipole moment related to "spin" (measured in Bohr magnetons), and electron orbitals have orbital magnetic dipole moments dependent on the l (lower case L) quantum number. Protons and neutrons have intrinsic dipole moments (measured in nuclear magnetons). Nuclei also have magnetic moments. However protons, neutrons, and electrons sometimes pair up so as to cancel magnetic moments. Helium in its ground state (2 protons, 2 neutrons, and 2 electrons in the 1S ground state) has no magnetic dipole moment. (Same for alpha particles.) The electron orbital dipole moment for l>=1 (L>=1) can be thought of as a current loop, although the analogy is not rigorous.