Is ICF International, Inc. (ICFI) Halal?

NASDAQ Industrials United States $1.2B
✗ NOT HALAL
Confidence: 90/100
ICF International, Inc. (ICFI) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 43.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. ICF International, Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 43.0%
/ 30%
0.4%
/ 30%
32.3%
/ 30%
0.09%
/ 5%
✗ NOT HALAL
DJIM 43.0%
/ 33%
0.4%
/ 33%
32.3%
/ 33%
0.09%
/ 5%
✗ NOT HALAL
MSCI 29.1%
/ 33%
0.2%
/ 33%
21.9%
/ 33%
0.09%
/ 5%
✓ HALAL
S&P 43.0%
/ 33%
0.4%
/ 33%
32.3%
/ 33%
0.09%
/ 5%
✗ NOT HALAL
FTSE 29.1%
/ 33%
0.2%
/ 33%
21.9%
/ 50%
0.09%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
13.1
Forward: 8.5
EPS
$4.95
Dividend Yield
86.0%
Payout: 11.3%
P/B Ratio
1.1
EV/EBITDA
8.6
EV: $1.8B
Revenue
$1.9B
Growth: -10.6%
Beta
0.4
Low volatility
Current Ratio
1.3

Profitability

Gross Margin 37.2%
Operating Margin 6.5%
Net Margin 4.9%
Return on Equity (ROE) 9.1%
Return on Assets (ROA) 4.4%

Cash Flow & Balance Sheet

Operating Cash Flow$142M
Free Cash Flow$120M
Total Debt$571M
Debt-to-Equity55.8
Current Ratio1.3
Total Assets$2.1B

Price & Trading

Last Close$65.64
50-Day MA$80.15
200-Day MA$86.47
Avg Volume182K
Beta0.4
52-Week Range
$64.34
$101.71

About ICF International, Inc. (ICFI)

CEO
Mr. John M. Wasson
Employees
6,972
Sector
Industrials
Industry
Consulting Services
Country
United States
Exchange
NASDAQ
Market Cap
$1.2B
Currency
USD

ICF International, Inc. provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The Company provides consulting and technology services across several key domains, such as strategy and public policy; energy and environmental sustainability; and climate resilience; digital transformation including information technology; modernization, cloud, cybersecurity, and data analytics; health and social programs including public health and education; international development and capacity building; disaster management and recovery planning; transportation, aviation, and infrastructure; and marketing and strategic communications. The company serves energy, environment, infrastructure, and disaster recovery; health and social programs; and security and other civilian and commercial markets; U.S. federal government departments and agencies, local government departments and agencies, international governments, and commercial clients. The company was formerly known as ICF Consulting Group Holdings, LLC and changed its name to ICF International, Inc. in 2006. ICF International, Inc. was founded in 1969 and is headquartered in Reston, Virginia.

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Frequently Asked Questions

Is ICF International, Inc. (ICFI) halal to invest in?

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

ICF International, Inc.'s debt ratio is 43.0% 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 29.1%.

What are ICF International, Inc.'s key financial metrics?

ICF International, Inc. has a market capitalization of $1.2B, trailing P/E ratio of 13.1, and revenue of $1.9B. The company maintains a gross margin of 37.2% and a net margin of 4.9%. Return on equity stands at 9.1%.

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.