Is iRhythm Holdings, Inc. (IRTC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 18.3% / 30% | 14.6% / 30% | 1.9% / 30% | 2.88% / 5% | ✓ HALAL |
| DJIM | 18.3% / 33% | 14.6% / 33% | 1.9% / 33% | 2.88% / 5% | ✓ HALAL |
| MSCI | 71.7% / 33% | 57.2% / 33% | 7.4% / 33% | 2.88% / 5% | ✗ NOT HALAL |
| S&P | 18.3% / 33% | 14.6% / 33% | 1.9% / 33% | 2.88% / 5% | ✓ HALAL |
| FTSE | 71.7% / 33% | 57.2% / 33% | 7.4% / 50% | 2.88% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 70.6% | |
| Operating Margin | 4.2% | |
| Net Margin | -6.0% | |
| Return on Equity (ROE) | -36.6% | |
| Return on Assets (ROA) | -2.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $81M |
| Free Cash Flow | $35M |
| Total Debt | $731M |
| Debt-to-Equity | 478.7 |
| Current Ratio | 4.6 |
| Total Assets | $1.0B |
Price & Trading
| Last Close | $122.80 |
| 50-Day MA | $139.64 |
| 200-Day MA | $160.10 |
| Avg Volume | 677K |
| Beta | 1.1 |
|
52-Week Range
$92.52
| |
About iRhythm Holdings, Inc. (IRTC)
iRhythm Holdings, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology that provides ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. The company offers Zio ambulatory cardiac monitoring services, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. It also provides Zio Monitor System, a prescription-only remote electrocardiogram (ECG) monitoring system consisting a patch ECG monitor that records the electric signal from the heart continuously for up to 14 days; Zio XT System, a prescription-only remote ECG monitoring system that consists of the Zio XT patch that records the electric signal from the heart continuously for up to 14 days; and Zio ECG Utilization Software System, which supports the capture and analysis of ECG data. In addition, the company offers Zio AT System, a prescription-only remote ECG monitoring system, which consists of the Zio AT patch that records the electric signal from the heart continuously for up to 14 days, as well as incorporates the Zio AT wireless gateway to provide connectivity between the patch and the ZEUS System during the patient wear period. It has a development collaboration agreement with BioIS to develop and commercialize pulse oximetry, accelerometry, and trending non-invasive blood pressure technologies for use within ambulatory cardiac monitoring products and services. The company was formerly known as iRhythm Technologies, Inc. and changed its name to iRhythm Holdings, Inc. in January 2026. iRhythm Holdings, Inc. was incorporated in 2006 and is headquartered in San Francisco, California.
Purification Calculator
As a halal stock with 2.88% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is iRhythm Holdings, Inc. (IRTC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), iRhythm Holdings, 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 iRhythm Holdings, Inc.'s debt ratio?
iRhythm Holdings, Inc.'s debt ratio is 18.3% 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 71.7%.
Does iRhythm Holdings, Inc. require dividend purification?
Yes, iRhythm Holdings, Inc. has an impermissible income ratio of 2.88%, which means 2.88% 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 iRhythm Holdings, Inc.'s key financial metrics?
iRhythm Holdings, Inc. has a market capitalization of $3.8B, and revenue of $747M. The company maintains a gross margin of 70.6% and a net margin of -6.0%. Return on equity stands at -36.6%.
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.