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Edwards Lifesciences Corporation

EW
Israel Flag Israeli Tech Ecosystem Related
Shariah Status:
Passed

Company Overview

Edwards Lifesciences Corp. engages in patient-focused medical innovations for heart disease and critical care monitoring. Its products are categorized into four main areas: Transcatheter Aortic Valve Replacement, Transcatheter Mitral and Tricuspid Therapies, Surgical Structural Heart, and Critical Care. It operates through the following geographical segments: United States, Europe, Japan, and Rest of World. The company was founded by Miles Lowell Edwards in 1958 and is headquartered in Irvine, CA.

Country
US
Market Cap
$44.97B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.73% passed
5% Threshold
0.7%
Liabilities Compliance
1.55% passed
33% Threshold
1.6%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Business Compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Transcatheter Aortic Valve Replacement $3,518.2 $0.0 -
Transcatheter Mitral and Tricuspid Therapies $116.1 $0.0 -
Surgical Heart Valve Therapy $893.1 $0.0 -
Critical Care $855.0 $0.0 -
Interest income $35.5 $35.5 -
Other income $2.6 $3.8 Gain on insurance settlement
Total $5,420.5 $39.3 0.73% (passed)
Stock Information
Name Edwards Lifesciences Corporation
Ticker EW
Main Business Medical Devices
Type Common Stock
Industry Medical Devices
Country US
Market Cap $44.97 B
Total Funded
$237.6M
Employees in Israel
51-200
Companies Funded
5
Israeli Portfolio 5 Companies
Cardiovalve logo

Cardiovalve

Founded: 2017

Cardiovascular Replacement Devices for Minimally Invasive Surgery

Acquired 51-200 employees $45.48M Funded
Innovalve Bio Medical logo

Innovalve Bio Medical

Founded: 2018

Catheter-based Heart Valve Therapies

Acquired 11-50 employees $20.5M Funded
V-Wave logo

V-Wave

Founded: 2009

Miniature Shunt for Treating Congestive Heart Failure

Acquired 11-50 employees $132.5M Funded
Valtech Cardio logo

Valtech Cardio

Founded: 2005

Mitral Valve Repair Implants

Acquired 1-10 employees $19.67M Funded
Vectorious Medical Technologies logo

Vectorious Medical Technologies

Founded: 2011

Miniature Implant for Left Atrial Monitoring

Acquired 51-200 employees $19.5M Funded
Portfolio Exits 3 Exits
M&A Acquired
Aug 2024 $600M
V-Wave logo V-Wave
Johnson & Johnson Johnson & Johnson logo
M&A Acquired
Jul 2024 $300M
Innovalve Bio Medical logo Innovalve Bio Medical
Edwards Lifesciences Edwards Lifesciences logo
M&A Acquired
Mar 2022 $150M
Cardiovalve logo Cardiovalve
Venus Medtech Venus Medtech logo
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