Is ICON PLC (ICLR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 43.2% / 30% | 6.5% / 30% | 34.2% / 30% | 0.1% / 5% | ✗ NOT HALAL |
| DJIM | 43.2% / 33% | 6.5% / 33% | 34.2% / 33% | 0.1% / 5% | ✗ NOT HALAL |
| MSCI | 21.3% / 33% | 3.2% / 33% | 16.9% / 33% | 0.1% / 5% | ✓ HALAL |
| S&P | 43.2% / 33% | 6.5% / 33% | 34.2% / 33% | 0.1% / 5% | ✗ NOT HALAL |
| FTSE | 21.3% / 33% | 3.2% / 33% | 16.9% / 50% | 0.1% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 28.2% | |
| Operating Margin | 12.7% | |
| Net Margin | 7.4% | |
| Return on Equity (ROE) | 6.3% | |
| Return on Assets (ROA) | 4.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.3B |
| Free Cash Flow | $1.1B |
| Total Debt | $3.6B |
| Debt-to-Equity | 38.3 |
| Current Ratio | 1.1 |
| Total Assets | $16.9B |
Price & Trading
| Last Close | $103.08 |
| 50-Day MA | $128.17 |
| 200-Day MA | $160.60 |
| Avg Volume | 1.9M |
| Beta | 1.3 |
|
52-Week Range
$66.57
| |
About ICON PLC (ICLR)
ICON Public Limited Company, a clinical research organization, provides outsourced development and commercialization services in Ireland, rest of Europe, the United States, and internationally. The company specializes in the strategic development, management, and analysis of programs that support various stages of the clinical development process from compound selection to Phase I-IV clinical studies. It also provides clinical development services, including all phases of development, peri and post approval, data solutions, and site and patient access services; clinical trial management, consulting, and contract staffing services; and commercial services comprising clinical development strategy, planning and trial design, full study execution, and post-market commercialization. In addition, the company offers laboratory services, including bionanalytical, biomarker, vaccine, good manufacturing practice, and central laboratory services, as well as full-service and functional service partnerships to customers. Further, the company provides adaptive trials, cardiac safety solutions, clinical and scientific operations, consulting and advisory, commercial positioning, decentralized and hybrid clinical trials, early clinical, laboratories, language services, medical imaging, real world intelligence, site and patient, and strategic solutions. It serves pharmaceutical, biotechnology, and medical device industries, as well as government and public health organizations. The company has a strategic alliance with Advarra, Inc. for the development of a connected, research-ready clinical trial site network model. ICON Public Limited Company was incorporated in 1989 and is headquartered in Dublin, Ireland.
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Frequently Asked Questions
Is ICON PLC (ICLR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ICON PLC 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 ICON PLC's debt ratio?
ICON PLC's debt ratio is 43.2% 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 21.3%.
What are ICON PLC's key financial metrics?
ICON PLC has a market capitalization of $7.9B, trailing P/E ratio of 13.8, and revenue of $8.3B. The company maintains a gross margin of 28.2% and a net margin of 7.4%. Return on equity stands at 6.3%.
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.