Is Arista Networks, Inc. (ANET) Halal?

NYSE Technology United States $152.1B
✓ HALAL
Confidence: 83/100
Arista Networks, Inc. (ANET) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.0% against the AAOIFI threshold of 30%, Arista Networks, Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Computer Hardware), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
6.4%
/ 30%
1.1%
/ 30%
4.26%
/ 5%
✓ HALAL
DJIM 0.0%
/ 33%
6.4%
/ 33%
1.1%
/ 33%
4.26%
/ 5%
✓ HALAL
MSCI 0.0%
/ 33%
55.2%
/ 33%
9.7%
/ 33%
4.26%
/ 5%
✗ NOT HALAL
S&P 0.0%
/ 33%
6.4%
/ 33%
1.1%
/ 33%
4.26%
/ 5%
✓ HALAL
FTSE 0.0%
/ 33%
55.2%
/ 33%
9.7%
/ 50%
4.26%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
43.9
Forward: 28.3
EPS
$2.75
P/B Ratio
12.3
EV/EBITDA
35.9
EV: $141.1B
Revenue
$9.0B
Growth: 28.9%
Beta
1.5
High volatility
Current Ratio
3.0

Profitability

Gross Margin 64.1%
Operating Margin 41.5%
Net Margin 39.0%
Return on Equity (ROE) 31.4%
Return on Assets (ROA) 14.4%

Cash Flow & Balance Sheet

Operating Cash Flow$4.4B
Free Cash Flow$4.3B
Debt-to-Equity0.7
Current Ratio3.0
Total Assets$19.4B

Price & Trading

Last Close$122.55
50-Day MA$135.26
200-Day MA$131.01
Avg Volume7.8M
Beta1.5
52-Week Range
$59.43
$164.94

About Arista Networks, Inc. (ANET)

CEO
Ms. Jayshree V. Ullal
Employees
5,115
Sector
Technology
Industry
Computer Hardware
Country
United States
Exchange
NYSE
Market Cap
$152.1B
Currency
USD

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center, cloud and AI networking, cognitive adjacencies, and cognitive network software and services. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, cloud service providers, financial services organizations, government agencies, media and entertainment, healthcare, oil and gas, education, manufacturing, industrial, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. Arista Networks, Inc. was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. The company was incorporated in 2004 and is headquartered in Santa Clara, California.

Purification Calculator

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Frequently Asked Questions

Is Arista Networks, Inc. (ANET) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Arista Networks, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Arista Networks, Inc.'s debt ratio?

Arista Networks, Inc.'s debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.0%.

Does Arista Networks, Inc. require dividend purification?

Yes, Arista Networks, Inc. has an impermissible income ratio of 4.26%, which means 4.26% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Arista Networks, Inc.'s key financial metrics?

Arista Networks, Inc. has a market capitalization of $152.1B, trailing P/E ratio of 43.9, and revenue of $9.0B. The company maintains a gross margin of 64.1% and a net margin of 39.0%. Return on equity stands at 31.4%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.