Is RVTY (Revvity, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, RVTY 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 RVTY.

Revvity, Inc. is a global leader in the healthcare sector, specifically operating within the medical diagnostics and life sciences research markets. The company provides essential instruments, reagents, software, and laboratory services that enable scientists to achieve breakthroughs in medical research and diagnostic testing. For Muslim investors using HalalStocks.co.uk, Revvity currently holds a Doubtful shariah compliance status. While its core business activities in healthcare are perfectly permissible, the stock fails the AAOIFI financial screening criteria due to excessive leverage. From an Islamic finance perspective, the primary concern is Revvity's debt-to-market capitalization ratio, which stands at 38.6%, surpassing the 33% maximum limit. However, the company manages its liquidity well within halal boundaries, with interest-bearing cash and securities making up just 10.1% of its market cap, and interest income accounting for only 1.09% of total revenue. Since the business itself is highly beneficial and halal, Muslim investors should monitor Revvity's balance sheet in upcoming quarters. If the company reduces its debt burden or its market capitalization increases enough to push the debt ratio below the 33% threshold, it could quickly transition to a fully compliant status. Revvity, Inc. operates in the Healthcare sector under the Medical - Diagnostics & Research industry and is headquartered in Waltham, MA, US. The company is led by CEO Prahlad R. Singh and employs approximately 11,000 people.

RVTY 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. RVTY passed 3 of these 4 screens.

RVTY 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.