Is Edwards Lifesciences Corp (EW) Halal?

NYSE Healthcare United States $46.1B
✓ HALAL
Confidence: 95/100
Edwards Lifesciences Corp (EW) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 1.5% against the AAOIFI threshold of 30%, Edwards Lifesciences Corp comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Medical Devices), 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 1.5%
/ 30%
8.9%
/ 30%
1.9%
/ 30%
2.78%
/ 5%
✓ HALAL
DJIM 1.5%
/ 33%
8.9%
/ 33%
1.9%
/ 33%
2.78%
/ 5%
✓ HALAL
MSCI 5.2%
/ 33%
30.9%
/ 33%
6.7%
/ 33%
2.78%
/ 5%
✓ HALAL
S&P 1.5%
/ 33%
8.9%
/ 33%
1.9%
/ 33%
2.78%
/ 5%
✓ HALAL
FTSE 5.2%
/ 33%
30.9%
/ 33%
6.7%
/ 50%
2.78%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
43.8
Forward: 24.0
EPS
$1.81
P/B Ratio
4.5
EV/EBITDA
23.7
EV: $42.6B
Revenue
$6.1B
Growth: 13.3%
Beta
0.9
Average volatility
Current Ratio
3.7

Profitability

Gross Margin 78.0%
Operating Margin 23.7%
Net Margin 17.7%
Return on Equity (ROE) 10.4%
Return on Assets (ROA) 7.7%

Cash Flow & Balance Sheet

Operating Cash Flow$1.6B
Free Cash Flow$1.3B
Total Debt$705M
Debt-to-Equity6.8
Current Ratio3.7
Total Assets$13.7B

Price & Trading

Last Close$82.10
50-Day MA$82.19
200-Day MA$80.53
Avg Volume4.3M
Beta0.9
52-Week Range
$65.94
$87.89

About Edwards Lifesciences Corp (EW)

CEO
Mr. Bernard J. Zovighian
Employees
16,000
Sector
Healthcare
Industry
Medical Devices
Country
United States
Exchange
NYSE
Market Cap
$46.1B
Currency
USD

Edwards Lifesciences Corporation provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for minimally invasive replacement of aortic heart valves under the Edwards SAPIEN family of valves system; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases under the PASCAL and EVOQUE brands. The company also provides surgical structural heart solutions, such as aortic surgical valve under the INSPIRIS brand name; INSPIRIS RESILIA aortic valve, which offers RESILIA tissue and VFit technology; KONECT RESILIA, a pre-assembled tissue valve conduit for complex combined procedures; and MITRIS RESILIA valve. It distributes its products through a direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1958 and is headquartered in Irvine, California.

Purification Calculator

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Frequently Asked Questions

Is Edwards Lifesciences Corp (EW) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Edwards Lifesciences Corp 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 Edwards Lifesciences Corp's debt ratio?

Edwards Lifesciences Corp's debt ratio is 1.5% 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 5.2%.

Does Edwards Lifesciences Corp require dividend purification?

Yes, Edwards Lifesciences Corp has an impermissible income ratio of 2.78%, which means 2.78% 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 Edwards Lifesciences Corp's key financial metrics?

Edwards Lifesciences Corp has a market capitalization of $46.1B, trailing P/E ratio of 43.8, and revenue of $6.1B. The company maintains a gross margin of 78.0% and a net margin of 17.7%. Return on equity stands at 10.4%.

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.