Is Endava plc (DAVA) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 76.3% / 30% | 19.9% / 30% | 70.7% / 30% | 0.16% / 5% | ✗ NOT HALAL |
| DJIM | 76.3% / 33% | 19.9% / 33% | 70.7% / 33% | 0.16% / 5% | ✗ NOT HALAL |
| MSCI | 24.4% / 33% | 6.4% / 33% | 22.6% / 33% | 0.16% / 5% | ✓ HALAL |
| S&P | 76.3% / 33% | 19.9% / 33% | 70.7% / 33% | 0.16% / 5% | ✗ NOT HALAL |
| FTSE | 24.4% / 33% | 6.4% / 33% | 22.6% / 50% | 0.16% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 24.2% | |
| Operating Margin | -1.6% | |
| Net Margin | -0.4% | |
| Return on Equity (ROE) | -0.5% | |
| Return on Assets (ROA) | 1.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $53M |
| Free Cash Flow | $48M |
| Total Debt | $228M |
| Debt-to-Equity | 44.1 |
| Current Ratio | 2.4 |
| Total Assets | $936M |
Price & Trading
| Last Close | $4.49 |
| 50-Day MA | $5.36 |
| 200-Day MA | $9.06 |
| Avg Volume | 471K |
| Beta | 1.3 |
|
52-Week Range
$4.21
| |
About Endava plc (DAVA)
Endava plc, together with its subsidiaries, provides technology services in North America, Europe, the United Kingdom, and internationally. The company offers digital product acceleration services comprising product strategy, experience design, growth marketing, and analytics; advisory and digital strategy services consisting of technology strategy, enterprise architecture, and data strategy; and delivery services, including agile transformation, distributed agile delivery, accelerated DevOps delivery, and delivery management. It also provides digital engineering services, such as architecture, cloud application engineering, platform engineering, software security, and test engineering, as well as virtual, augmented, and extended reality; data and AI services, including artificial intelligence, and data engineering and platforms; and modern managed services comprising modern application management, managed cloud, service delivery, smart desk, and managed security. The company serves the healthcare and life sciences, government, insurance, retail and consumer goods, automotive, energy and resources, finance and banking, government, media and entertainment, payment, private equity, supply chain and logistics, technology, telecommunication, and travel industries. Endava plc was founded in 2000 and is headquartered in London, the United Kingdom.
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Frequently Asked Questions
Is Endava plc (DAVA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Endava plc is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Endava plc's debt ratio?
Endava plc's debt ratio is 76.3% 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 24.4%.
What are Endava plc's key financial metrics?
Endava plc has a market capitalization of $236M, trailing P/E ratio of 18.9, and revenue of $772M. The company maintains a gross margin of 24.2% and a net margin of -0.4%. Return on equity stands at -0.5%.
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.