Is GLOBUS MEDICAL INC (GMED) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.0% / 30% | 4.7% / 30% | 6.3% / 30% | 2.07% / 5% | ✓ HALAL |
| DJIM | 1.0% / 33% | 4.7% / 33% | 6.3% / 33% | 2.07% / 5% | ✓ HALAL |
| MSCI | 2.2% / 33% | 10.5% / 33% | 14.0% / 33% | 2.07% / 5% | ✓ HALAL |
| S&P | 1.0% / 33% | 4.7% / 33% | 6.3% / 33% | 2.07% / 5% | ✓ HALAL |
| FTSE | 2.2% / 33% | 10.5% / 33% | 14.0% / 50% | 2.07% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 68.1% | |
| Operating Margin | 24.4% | |
| Net Margin | 18.3% | |
| Return on Equity (ROE) | 12.3% | |
| Return on Assets (ROA) | 7.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $753M |
| Free Cash Flow | $579M |
| Total Debt | $119M |
| Debt-to-Equity | 2.6 |
| Current Ratio | 4.3 |
| Total Assets | $5.3B |
Price & Trading
| Last Close | $86.50 |
| 50-Day MA | $89.61 |
| 200-Day MA | $73.06 |
| Avg Volume | 1.3M |
| Beta | 1.1 |
|
52-Week Range
$51.79
| |
About GLOBUS MEDICAL INC (GMED)
Globus Medical, Inc. develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. The company offers spine products comprising traditional fusion implants, such as pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices; treatment options for motion preservation technologies consisting of dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional solutions to treat vertebral compression fractures; and biologic solutions, such as allografts and synthetic alternatives. It also provides orthopedic trauma solutions, including limb reconstruction, fracture plating, intramedullary nailing, external fixation, and compression screw technologies; hip and knee arthroplasty solutions, including modular cement and cementless hip stems, acetabular cups, femoral heads, highly cross-linked liners, partial knee systems, cruciate retaining, posterior stabilized, and revision options; spinal cord stimulation services; and neuromonitoring services, which provide onsite and remote monitoring of the neurological systems. In addition, the company offers ExcelsiusGPS platform, a robotic guidance and navigation system for minimally invasive and open procedures; Surgimap, a surgical planning software platform; Excelsius3D, a platform combined with ExcelsiusGPS that provides an intraoperative and image-guided robotic navigation solution; ExcelsiusHub, which provides real-time patient array monitoring, tissue sparing drills, and registration flexibility; and ExcelsiusFlex, a total knee arthroplasty robotic solution. Further, it distributes human cells, tissues, and cellular and tissue-based products. The company sells its products through direct and distributor sales representatives; and independent sales agents. Globus Medical, Inc. was incorporated in 2003 and is headquartered in Audubon, Pennsylvania.
Purification Calculator
As a halal stock with 2.07% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is GLOBUS MEDICAL INC (GMED) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GLOBUS MEDICAL 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 GLOBUS MEDICAL INC's debt ratio?
GLOBUS MEDICAL INC's debt ratio is 1.0% 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 2.2%.
Does GLOBUS MEDICAL INC require dividend purification?
Yes, GLOBUS MEDICAL INC has an impermissible income ratio of 2.07%, which means 2.07% 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 GLOBUS MEDICAL INC's key financial metrics?
GLOBUS MEDICAL INC has a market capitalization of $11.3B, trailing P/E ratio of 21.4, and revenue of $2.9B. The company maintains a gross margin of 68.1% and a net margin of 18.3%. Return on equity stands at 12.3%.
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.