Is Enovis CORP (ENOV) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 98.3% / 30% | 2.6% / 30% | 31.6% / 30% | 49.19% / 5% | ✗ NOT HALAL |
| DJIM | 98.3% / 33% | 2.6% / 33% | 31.6% / 33% | 49.19% / 5% | ✗ NOT HALAL |
| MSCI | 36.0% / 33% | 0.9% / 33% | 11.5% / 33% | 49.19% / 5% | ✗ NOT HALAL |
| S&P | 98.3% / 33% | 2.6% / 33% | 31.6% / 33% | 49.19% / 5% | ✗ NOT HALAL |
| FTSE | 36.0% / 33% | 0.9% / 33% | 11.5% / 50% | 49.19% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 60.9% | |
| Operating Margin | 6.1% | |
| Net Margin | -52.7% | |
| Return on Equity (ROE) | -58.3% | |
| Return on Assets (ROA) | 1.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $217M |
| Free Cash Flow | $20M |
| Total Debt | $1.4B |
| Debt-to-Equity | 92.5 |
| Current Ratio | 2.0 |
| Total Assets | $3.8B |
Price & Trading
| Last Close | $23.37 |
| 50-Day MA | $23.08 |
| 200-Day MA | $28.20 |
| Avg Volume | 1.1M |
| Beta | 1.6 |
|
52-Week Range
$21.00
| |
About Enovis CORP (ENOV)
Enovis Corporation, a medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally. It operates through two segments: Prevention and Recovery, and Reconstructive segments. The Prevention and Recovery segment offers rigid and soft orthopedic bracing, hot and cold therapy, bone growth stimulators, vascular therapy systems and compression garments, electrical stimulators for pain management, and physical therapy products which are used by orthopedic specialists, surgeons, primary care physicians, pain management specialists, physical therapists, podiatrists, chiropractors, athletic trainers, and other healthcare professionals to treat patients with musculoskeletal conditions. The Reconstructive segment develops, manufactures, markets, and distributes surgical solutions that restore mobility and improve patient outcomes, which includes a range of differentiated implants, instrumentation, and enabling technologies used in elective and non-elective joint replacement, limb reconstruction, and foot and ankle procedures; and products for the hip, knee, shoulder, elbow, extremity reconstruction and fixation, foot, ankle, and finger, as well as surgical productivity tools. It also manufactures and distributes a range of products which are used for reconstructive surgery, rehabilitation, pain management, and physical therapy. The company distributes its products through independent distributors, direct salespeople, and patients. The company was formerly known as Colfax Corporation. Enovis Corporation was founded in 1995 and is headquartered in Wilmington, Delaware.
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Frequently Asked Questions
Is Enovis CORP (ENOV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Enovis CORP 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 Enovis CORP's debt ratio?
Enovis CORP's debt ratio is 98.3% 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 36.0%.
What are Enovis CORP's key financial metrics?
Enovis CORP has a market capitalization of $1.2B, and revenue of $2.2B. The company maintains a gross margin of 60.9% and a net margin of -52.7%. Return on equity stands at -58.3%.
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.