EW
Edwards Lifesciences Corp.
HALAL
Score: 87/100
stockIs EW Halal?
Medical devices — transcatheter heart valves and critical care monitoring save lives.
What You Should Know
Edwards Lifesciences is the global leader in transcatheter aortic valve replacement (TAVR) technology and hemodynamic monitoring. Its devices give patients with severe heart disease minimally invasive alternatives to open-heart surgery. Life-saving medical technology is entirely permissible under Islamic law. Edwards maintains an exceptionally clean balance sheet — very low debt, strong cash position, and zero haram revenue. Some heart valves use bovine tissue, broadly accepted by Islamic scholars as a medical necessity when no alternative exists.
⚠️ Concerns
- •Bovine/porcine tissue used in some heart valves (widely accepted medical necessity)
- •Minor interest income on cash reserves
- •High valuation risk
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