Is Gartner Stock (IT) Halal? A Complete Analysis

The Short Answer

Gartner stock (IT) is doubtful on the current examined asset-based screen. Gartner's research, advisory and conference businesses are generally permissible, but its March 31, 2026 filing shows interest-bearing debt/assets of 38.97%, above the examined 33.333% limit. A market-cap methodology could produce a different result, so this is not a universal fatwa.

The neutral knowledge business does not cure the failed asset-based financial screen. Interest income is discussed in the filing but is not separately reproducible here, and no fixed purification percentage is prescribed.

Sharia Screening Methodology

Islamic scholars use several criteria to screen stocks:

• Business activity screen: Is the company's primary business halal?
• Debt ratio: Total debt / market cap must be under 33%
• Interest income: Interest income / total revenue must be under 5%
• Haram revenue: Revenue from haram sources must be under 5%
• Receivables ratio: Total receivables / total assets must be under 49–70% (varies by board)

Gartner's Business Activity

Gartner is the world's leading provider of technology research and advisory services. The company operates three primary segments:

• Research: Subscription-based research, advisory, and benchmarking for IT, supply chain, HR, marketing, and finance executives
• Conferences: Industry-leading technology conferences attended by enterprise leaders worldwide
• Consulting: Custom consulting engagements for complex strategic and operational projects

Selling research subscriptions, expert advisory, and conferences is entirely permissible. Gartner is a knowledge business with no exposure to alcohol, gambling, conventional finance, or other prohibited categories.

Financial Ratios (March 31, 2026)

Using Gartner's latest Form 10-Q, stated in USD millions:

• Interest-bearing debt / total assets: 38.97% ❌ (2,982.971 / 7,655.273)
• Cash / total assets: 21.78% ✅ (1,666.946 / 7,655.273)
• Receivables + cash / total assets: 40.21% ✅ (3,078.442 / 7,655.273)
• Interest income: Not separately reproducible from the filing

The asset-based debt screen fails under the examined FTSE Yasaar, MSCI and Malaysia SAC thresholds. Market-cap denominator methods are not calculated, and the business-activity record remains qualified rather than an external agency classification.

Concerns to Be Aware Of

1. Some Debt Outstanding

Gartner uses a moderate amount of debt to fund share repurchases and acquisitions. Total debt remains well within the 33% threshold, but conservative investors should monitor leverage levels through the cycle.

2. Interest Income on Cash

Gartner discusses interest income within net interest expense, but this record does not store a reproducible standalone numerator. Investors should seek qualified guidance; ZakatInvest does not prescribe a fixed percentage.

3. No Dividend Currently

Gartner returns capital primarily through repurchases rather than a regular dividend. That fact does not change the failed debt screen or establish a fixed purification method for capital gains.

How to Read the Quantitative Result

The examined asset-based screen fails because debt/assets is 38.97%. Gartner's core business remains generally permissible, but market-cap methods and a complete prohibited-income classification are not calculated. Do not treat this page as a claim about any external screening agency.

Bottom Line

Gartner (IT) is doubtful on the current examined screen. The underlying research and advisory business is generally permissible, but the latest filing-backed asset-based debt ratio fails the examined limits. Re-screen after a successor filing and consult a qualified scholar for methodology selection.

Investors who use a market-cap methodology should not infer a pass from this asset-based result without a reproducible calculation and qualified review.