Is IT (Gartner, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, IT is classified as Doubtful. It passed 3 of 4 compliance screens. Some scholars may permit investing with income purification, while others advise avoiding it. We recommend consulting a qualified Islamic scholar before investing in IT.

Gartner, Inc. is a leading global research and advisory firm that equips business leaders with indispensable insights, advice, and tools. Operating through its Research, Conferences, and Consulting segments, the company monetizes its expertise primarily via subscription-based access to proprietary data, industry benchmarks, and expert networks. For Muslim investors relying on AAOIFI standards, Gartner currently holds a Doubtful status. Although its core advisory and conference operations are entirely halal, the stock fails the financial screening because its debt-to-market capitalization ratio exceeds the permissible limits, meaning it cannot be considered fully shariah-compliant at this time. The primary concern from an Islamic finance perspective is Gartner's leverage, with its debt-to-market cap sitting at 35.7%, just above the 33% ceiling. On a positive note, the company maintains a clean revenue profile with interest-bearing cash and securities making up only 17.0% of its market cap, and interest income accounting for a negligible 1.00% of total revenue. Since Gartner's business activities are fundamentally permissible, the stock's compliance hinges entirely on its balance sheet management. Halal investors should monitor the company's debt levels and market valuation closely, as a reduction in leverage or a rise in stock price could quickly bring the debt ratio back within acceptable shariah boundaries. Gartner, Inc. operates in the Technology sector under the Information Technology Services industry and is headquartered in Stamford, CT, US. The company is led by CEO Eugene A. Hall and employs approximately 21,107 people.

IT was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. IT passed 3 of these 4 screens.

IT was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.