Is DoubleVerify Holdings, Inc. (DV) Halal?

NYSE Communication Services United States $1.5B
✓ HALAL
Confidence: 95/100
DoubleVerify Holdings, Inc. (DV) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 5.1% against the AAOIFI threshold of 30%, DoubleVerify Holdings, Inc. comfortably passes the key financial ratio tests. The company operates in the Communication Services sector (Advertising Agencies), 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 5.1%
/ 30%
17.4%
/ 30%
12.7%
/ 30%
1.94%
/ 5%
✓ HALAL
DJIM 5.1%
/ 33%
17.4%
/ 33%
12.7%
/ 33%
1.94%
/ 5%
✓ HALAL
MSCI 7.2%
/ 33%
24.3%
/ 33%
17.7%
/ 33%
1.94%
/ 5%
✓ HALAL
S&P 5.1%
/ 33%
17.4%
/ 33%
12.7%
/ 33%
1.94%
/ 5%
✓ HALAL
FTSE 7.2%
/ 33%
24.3%
/ 33%
17.7%
/ 50%
1.94%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
31.0
Forward: 7.1
EPS
$0.30
P/B Ratio
1.3
EV/EBITDA
11.1
EV: $1.3B
Revenue
$748M
Growth: 7.9%
Beta
1.0
Average volatility
Current Ratio
4.3

Profitability

Gross Margin 82.2%
Operating Margin 18.4%
Net Margin 6.8%
Return on Equity (ROE) 4.6%
Return on Assets (ROA) 3.8%

Cash Flow & Balance Sheet

Operating Cash Flow$211M
Free Cash Flow$173M
Total Debt$100M
Debt-to-Equity8.8
Current Ratio4.3
Total Assets$1.4B

Price & Trading

Last Close$9.83
50-Day MA$10.12
200-Day MA$12.25
Avg Volume2.8M
Beta1.0
52-Week Range
$7.64
$16.82

About DoubleVerify Holdings, Inc. (DV)

CEO
Mr. Mark S. Zagorski
Employees
1,231
Sector
Communication Services
Industry
Advertising Agencies
Country
United States
Exchange
NYSE
Market Cap
$1.5B
Currency
USD

DoubleVerify Holdings, Inc. provides media effectiveness platforms in the United States. The company offers DV Authentic Ad, a metric of digital media quality, which evaluates the existence of fraud, brand suitability, viewability and geography for each digital ad; DV Authentic Attention that provides data to drive campaign performance; Custom Contextual solution, which allows advertisers to match ads to relevant content to maximize user engagement and drive campaign performance; and Scibids AI, an AI-powered digital campaign optimization solution. It also provides Rockerbox, enables advertisers to unify cross-channel conversion and spend data and apply multi-touch attribution, marketing mix modeling, and incrementality testing to measure and optimize the impact of advertising; DV Authentic AdVantage, an AI-powered performance optimization solution for advertisers to improve campaign outcomes across proprietary video platforms; DV Publisher Suite, a unified solution for digital publishers to manage revenue and increase inventory yield, identifying lost or unfilled sales, and aggregate data across inventory sources; and DV Pinnacle which provides detailed insights into customers' media performance on both direct and programmatic media buying platforms and across all key digital media channels, formats, and devices. Its solutions are integrated across digital advertising ecosystem, including programmatic platforms, social media channels, and digital publishers. The company serves consumer packaged goods, financial services, telecommunications, technology, automotive, and healthcare industry verticals. The company was founded in 2008 and is headquartered in New York, New York.

Purification Calculator

As a halal stock with 1.94% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is DoubleVerify Holdings, Inc. (DV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DoubleVerify Holdings, 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 DoubleVerify Holdings, Inc.'s debt ratio?

DoubleVerify Holdings, Inc.'s debt ratio is 5.1% 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 7.2%.

Does DoubleVerify Holdings, Inc. require dividend purification?

Yes, DoubleVerify Holdings, Inc. has an impermissible income ratio of 1.94%, which means 1.94% 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 DoubleVerify Holdings, Inc.'s key financial metrics?

DoubleVerify Holdings, Inc. has a market capitalization of $1.5B, trailing P/E ratio of 31.0, and revenue of $748M. The company maintains a gross margin of 82.2% and a net margin of 6.8%. Return on equity stands at 4.6%.

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.