Is IQVIA HOLDINGS INC. (IQV) Halal?

NYSE Healthcare United States $27.8B
✗ NOT HALAL
Confidence: 90/100
IQVIA HOLDINGS INC. (IQV) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 53.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. IQVIA HOLDINGS INC. operates in the Healthcare sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 53.7%
/ 30%
7.2%
/ 30%
11.5%
/ 30%
0.28%
/ 5%
✗ NOT HALAL
DJIM 53.7%
/ 33%
7.2%
/ 33%
11.5%
/ 33%
0.28%
/ 5%
✗ NOT HALAL
MSCI 53.3%
/ 33%
7.2%
/ 33%
11.4%
/ 33%
0.28%
/ 5%
✗ NOT HALAL
S&P 53.7%
/ 33%
7.2%
/ 33%
11.5%
/ 33%
0.28%
/ 5%
✗ NOT HALAL
FTSE 53.3%
/ 33%
7.2%
/ 33%
11.4%
/ 50%
0.28%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
20.9
Forward: 11.6
EPS
$7.83
P/B Ratio
4.3
EV/EBITDA
14.3
EV: $42.1B
Revenue
$16.3B
Growth: 10.3%
Beta
1.4
High volatility
Current Ratio
0.7

Profitability

Gross Margin 33.3%
Operating Margin 15.2%
Net Margin 8.3%
Return on Equity (ROE) 21.4%
Return on Assets (ROA) 5.1%

Cash Flow & Balance Sheet

Operating Cash Flow$2.7B
Free Cash Flow$2.1B
Total Debt$15.9B
Debt-to-Equity245.9
Current Ratio0.7
Total Assets$29.9B

Price & Trading

Last Close$169.40
50-Day MA$188.20
200-Day MA$195.85
Avg Volume2.0M
Beta1.4
52-Week Range
$134.65
$247.05

About IQVIA HOLDINGS INC. (IQV)

CEO
Mr. Ari Bousbib
Employees
93,000
Sector
Healthcare
Industry
Diagnostics & Research
Country
United States
Exchange
NYSE
Market Cap
$27.8B
Currency
USD

IQVIA Holdings Inc. provides clinical research services, commercial insights, and healthcare intelligence to the life sciences and healthcare industries in the Americas, Europe, Africa, and the Asia-Pacific. It operates through three segments: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions. The Technology & Analytics Solutions segment offers a range of cloud-based applications and associated implementation services; real world solutions that enable life sciences and provider customers to generate and disseminate evidence, which informs health care decision making and improves patients' outcomes; and strategic and implementation consulting services, such as advanced analytics and commercial processes outsourcing services. This segment also provides country level performance metrics related to sales of pharmaceutical products, prescribing trends, medical treatment, and promotional activity across various channels, including retail, hospital, and mail order; and measurement of sales or prescribing activity at the regional, zip code, and individual prescriber level. The Research & Development Solutions segment offers project management and clinical monitoring; clinical trial support; strategic planning and design services; and patient and site centric solutions, as well as central laboratory, genomic, bioanalytical, ADME, discovery, vaccine and biomarker laboratory services. The Contract Sales & Medical Solutions segment provides health care provider and patient engagement services, and scientific strategy and medical services. It serves pharmaceutical, biotechnology, device and diagnostic, and consumer health companies. The company was formerly known as Quintiles IMS Holdings, Inc. and changed its name to IQVIA Holdings Inc. in November 2017. IQVIA Holdings Inc. is based in Durham, North Carolina.

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Frequently Asked Questions

Is IQVIA HOLDINGS INC. (IQV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), IQVIA HOLDINGS 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 IQVIA HOLDINGS INC.'s debt ratio?

IQVIA HOLDINGS INC.'s debt ratio is 53.7% 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 53.3%.

What are IQVIA HOLDINGS INC.'s key financial metrics?

IQVIA HOLDINGS INC. has a market capitalization of $27.8B, trailing P/E ratio of 20.9, and revenue of $16.3B. The company maintains a gross margin of 33.3% and a net margin of 8.3%. Return on equity stands at 21.4%.

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.