Evolent Health, Inc (EVH) - Not Halal (Non-Compliant)
Evolent Health, Inc (EVH) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Healthcare
- Industry
- Health Information Services
- Result
- Pass
- Reason
- The sector "Healthcare" and industry "Health Information Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 214.6% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 25.6% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.22%.Based on the company's financial statements, approximately 0.22% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.22% of total income). Some scholars may differ on the exact calculation method.
About Evolent Health, Inc
Evolent Health, Inc., through its subsidiary, provides specialty care management services in oncology, cardiology, and musculoskeletal markets in the United States. The company offers integrated value-based care platform for health plan administration and management. It also provides administrative services, such as health plan services, pharmacy benefits management, risk management, analytics and reporting, and leadership and management; and Identifi, a proprietary technology system that aggregates and analyzes data, manages care workflows, and engages patients. In addition, the company provides Machinify Auth Intelligence, an artificial intelligence tool to aid nurses and physicians in completing clinical review of prior authorization requests. Evolent Health, Inc. was founded in 2011 and is headquartered in Arlington, Virginia.
Frequently Asked Questions
Is Evolent Health, Inc (EVH) stock halal to invest in?
According to AAOIFI Shariah screening standards, Evolent Health, Inc (EVH) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

