Is VEEVA SYSTEMS INC (VEEV) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 16.0% / 30% | 3.3% / 30% | 7.57% / 5% | ✗ NOT HALAL |
| DJIM | 0.2% / 33% | 16.0% / 33% | 3.3% / 33% | 7.57% / 5% | ✗ NOT HALAL |
| MSCI | 1.0% / 33% | 70.2% / 33% | 14.4% / 33% | 7.57% / 5% | ✗ NOT HALAL |
| S&P | 0.2% / 33% | 16.0% / 33% | 3.3% / 33% | 7.57% / 5% | ✗ NOT HALAL |
| FTSE | 1.0% / 33% | 70.2% / 33% | 14.4% / 50% | 7.57% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 75.5% | |
| Operating Margin | 29.4% | |
| Net Margin | 28.4% | |
| Return on Equity (ROE) | 13.9% | |
| Return on Assets (ROA) | 7.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.1B |
| Free Cash Flow | $1.1B |
| Total Debt | $76M |
| Debt-to-Equity | 1.3 |
| Current Ratio | 4.9 |
| Total Assets | $7.3B |
Price & Trading
| Last Close | $178.28 |
| 50-Day MA | $191.08 |
| 200-Day MA | $251.52 |
| Avg Volume | 2.1M |
| Beta | 1.1 |
|
52-Week Range
$168.14
| |
About VEEVA SYSTEMS INC (VEEV)
Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud comprising Veeva Vault CRM Suite for pharmaceutical and biotechnology companies; Veeva Medical that provides source of medical content across multiple channels and geographies; Veeva PromoMats, an end-to-end content and digital asset management solution; and Veeva Crossix, an analytics platform for pharmaceutical brands. It also provides Veeva Data Cloud, such as Veeva OpenData, a customer reference data solution; Veeva Link, which provides deep data; Veeva Compass, which includes de-identified and longitudinal patient data; and Veeva CRM Pulse that provides access and multichannel engagement metrics. In addition, the company offers Veeva Development Cloud consisting of Veeva Clinical Platform, which advances clinical trial execution; Veeva Clinical Data Management that helps sponsors and CROs design and run trials; Veeva Safety, which unifies systems and processes; Veeva RIM that provides regulatory information management capabilities, as well as Veeva Quality Cloud, which is used by the life sciences and consumer products industries; and Veeva Business Consulting services. Further, it provides professional and support services, including implementation and deployment planning, and project management; requirements analysis, solution design, and configuration; systems environment management and deployment; services focused on advancing or transforming business and operating processes; technical consulting services on data migration and systems integrations; training; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.
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Frequently Asked Questions
Is VEEVA SYSTEMS INC (VEEV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), VEEVA SYSTEMS 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 VEEVA SYSTEMS INC's debt ratio?
VEEVA SYSTEMS INC's debt ratio is 0.2% 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 1.0%.
What are VEEVA SYSTEMS INC's key financial metrics?
VEEVA SYSTEMS INC has a market capitalization of $28.4B, trailing P/E ratio of 31.7. The company maintains a gross margin of 75.5% and a net margin of 28.4%. Return on equity stands at 13.9%.
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.