Is Doximity, Inc. (DOCS) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.3% / 30% | 19.2% / 30% | 2.7% / 30% | 6.29% / 5% | ✗ NOT HALAL |
| DJIM | 0.3% / 33% | 19.2% / 33% | 2.7% / 33% | 6.29% / 5% | ✗ NOT HALAL |
| MSCI | 1.0% / 33% | 72.4% / 33% | 10.2% / 33% | 6.29% / 5% | ✗ NOT HALAL |
| S&P | 0.3% / 33% | 19.2% / 33% | 2.7% / 33% | 6.29% / 5% | ✗ NOT HALAL |
| FTSE | 1.0% / 33% | 72.4% / 33% | 10.2% / 50% | 6.29% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 89.7% | |
| Operating Margin | 38.9% | |
| Net Margin | 37.5% | |
| Return on Equity (ROE) | 23.8% | |
| Return on Assets (ROA) | 12.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $273M |
| Free Cash Flow | $267M |
| Total Debt | $12M |
| Debt-to-Equity | 1.1 |
| Current Ratio | 6.6 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $24.31 |
| 50-Day MA | $29.19 |
| 200-Day MA | $51.89 |
| Avg Volume | 3.5M |
| Beta | 1.4 |
|
52-Week Range
$23.13
| |
About Doximity, Inc. (DOCS)
Doximity, Inc. operates as a digital platform for medical professionals in the United States. Its platform provides its members with digital tools built for medicine, that enables its members to collaborate with colleagues, stay up to date with the latest medical news and research, manage their careers and on-call schedules, streamline documentation and administrative paperwork, and conduct virtual patient visits. The company primarily serves physicians, nurse practitioners, physician assistants, medical students, pharmaceutical manufacturers, and healthcare systems. The company was formerly known as 3MD Communications, Inc. and changed its name to Doximity, Inc. in June 2010. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.
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Frequently Asked Questions
Is Doximity, Inc. (DOCS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Doximity, Inc. 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 Doximity, Inc.'s debt ratio?
Doximity, Inc.'s debt ratio is 0.3% 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 1.0%.
What are Doximity, Inc.'s key financial metrics?
Doximity, Inc. has a market capitalization of $4.5B, trailing P/E ratio of 19.9, and revenue of $570M. The company maintains a gross margin of 89.7% and a net margin of 37.5%. Return on equity stands at 23.8%.
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.