iRhythm Technologies, Inc.

IRTC: Is iRhythm Technologies, Inc. Halal?

iRhythm Technologies, Inc.

NASDAQHealthcareUS

$110.88

-3.88%

Market Cap: 3.6B

Compliance Status

Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

C+

Fair

51Score

Is iRhythm Technologies, Inc. (IRTC) halal? Halal. Based on AAOIFI screening, iRhythm Technologies, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 51/100 (Grade: C+).

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

20.1% of 30.0% limit

What this means for you

You can own IRTC

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 3.1% of your income from IRTC

That is about $3.10 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About iRhythm Technologies, Inc.

iRhythm Technologies, Inc. is a digital healthcare enterprise dedicated to offering portable electrocardiogram (ECG) monitoring solutions to individuals in the United States who face the risk of cardiac arrhythmias. Its primary offering, the Zio service, provides a comprehensive ambulatory cardiac monitoring system. This system ingeniously combines a wireless, patch-based, and wearable biosensor—specifically embodied in products like the Zio XT and AT monitors—with a sophisticated cloud-based data analysis platform. These single-use biosensors precisely record a patient's heartbeats and ECG data, thereby enabling medical professionals to effectively oversee patient heart health and accurately diagnose arrhythmias. Furthermore, iRhythm maintains a strategic development partnership with Verily Life Sciences LLC, focused on pioneering future atrial fibrillation screening, detection, and monitoring innovations. Founded in 2006, the company maintains its corporate headquarters in San Francisco, California.

Sector: Healthcare · Industry: Medical - Devices

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is iRhythm Technologies, Inc. (IRTC) halal to invest in?
Based on AAOIFI Standard 21 screening, iRhythm Technologies, Inc. (IRTC) is rated Halal with a compliance grade of C+ (Fair). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did iRhythm Technologies, Inc. get a C+ compliance rating?
iRhythm Technologies, Inc. (IRTC) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.1% (limit 30%); interest-bearing deposits of 19.8% (limit 30%); prohibited income of 3.10% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change iRhythm Technologies, Inc.'s Shariah verdict?
iRhythm Technologies, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is iRhythm Technologies, Inc. re-screened for Shariah compliance?
iRhythm Technologies, Inc. (IRTC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 20, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.