Is Inotiv, Inc. (NOTV) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3617.6% / 30% | 171.2% / 30% | 767.5% / 30% | 1.14% / 5% | ✗ NOT HALAL |
| DJIM | 3617.6% / 33% | 171.2% / 33% | 767.5% / 33% | 1.14% / 5% | ✗ NOT HALAL |
| MSCI | 59.6% / 33% | 2.8% / 33% | 12.6% / 33% | 1.14% / 5% | ✗ NOT HALAL |
| S&P | 3617.6% / 33% | 171.2% / 33% | 767.5% / 33% | 1.14% / 5% | ✗ NOT HALAL |
| FTSE | 59.6% / 33% | 2.8% / 33% | 12.6% / 50% | 1.14% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 23.5% | |
| Operating Margin | -13.4% | |
| Net Margin | -13.5% | |
| Return on Equity (ROE) | -49.8% | |
| Return on Assets (ROA) | -3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$10M |
| Free Cash Flow | -$27M |
| Total Debt | $459M |
| Debt-to-Equity | 436.6 |
| Current Ratio | 0.3 |
| Total Assets | $771M |
Price & Trading
| Last Close | $0.27 |
| 50-Day MA | $0.38 |
| 200-Day MA | $1.16 |
| Avg Volume | 504K |
| Beta | 4.2 |
|
52-Week Range
$0.25
| |
About Inotiv, Inc. (NOTV)
Inotiv, Inc. provides nonclinical and analytical drug discovery and development services to the pharmaceutical and medical device industries in the United States, the Netherlands, and internationally. The company operates through two segments, Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). The DMS segment manufactures scientific instruments for life sciences research and the related software for use by pharmaceutical companies, universities, government research centers, and medical research institutions under the company's BASi product line. The RMS segment engages in commercial production and sales of research models, diets, bedding, and bioproducts. The company was formerly known as Bioanalytical Systems, Inc. and changed its name to Inotiv, Inc. in March 2021. Inotiv, Inc. was incorporated in 1974 and is headquartered in West Lafayette, Indiana.
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Frequently Asked Questions
Is Inotiv, Inc. (NOTV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Inotiv, 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 Inotiv, Inc.'s debt ratio?
Inotiv, Inc.'s debt ratio is 3617.6% 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 59.6%.
What are Inotiv, Inc.'s key financial metrics?
Inotiv, Inc. has a market capitalization of $9M, and revenue of $513M. The company maintains a gross margin of 23.5% and a net margin of -13.5%. Return on equity stands at -49.8%.
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.