---
title: "Is Advanced Micro Devices Stock Halal?"
canonical: https://www.halalwallet.ca/is-it-halal/advanced-micro-devices-stock
publisher: HalalWallet
license: CC BY 4.0
verdict: halal
verdict_label: Halal
entity_type: stock
ticker: AMD
exchange: NASDAQ
last_reviewed: 2026-06-15
data_as_of: 2026-03-28
standards_disagree: false
authorities_with_position: 5
authority_agreement: unanimous
---
# Is Advanced Micro Devices Stock Halal?

**Authority consensus:** All 5 halal screening authorities with a published position rate Advanced Micro Devices, Inc. halal.

**Verdict: Halal** (Generally permissible)

Advanced Micro Devices, Inc. (AMD) passes our AAOIFI-based screen. Its core business is permissible, and (data as of 2026-03-28) interest-bearing debt is 0.5% of market cap and cash plus interest-bearing securities 1.6% — both inside the 30% AAOIFI thresholds. It is independently held by Shariah-screened ETFs SPUS and HLAL, confirming it passes professional screens. Ratios move with the share price, so check the data-as-of date; any incidental interest income should be purified.

> HalalWallet is not a Shariah authority and does not issue religious rulings. We compile the most complete public record of what Shariah scholars, screening authorities, and mainstream standards say — reproduced from primary sources with dates and citations — and let you decide.

## How we read the evidence

AMD is a semiconductor designer competing with Intel in CPUs and NVIDIA in GPUs, with reportable segments spanning Data Center, Client, Gaming and Embedded. As a business-screen matter AMD is straightforward: it designs and sells chips. The only segment that draws Shariah discussion is Gaming, which includes Radeon graphics cards and the semi-custom processors inside Sony and Microsoft game consoles. Because AMD sells hardware components rather than publishing game content, mainstream screening methodologies treat this as permissible manufacturing revenue; a minority of stricter views discount gaming-linked hardware, which is worth knowing if you follow a particularly conservative scholar.

As of June 11, 2026, the documented signals are uniformly positive: AMD is held by both SPUS (S&P Shariah screen) and HLAL (FTSE Shariah screen), and both Zoya and Musaffa publicly rate it compliant/halal under AAOIFI-based methodologies. Passing all four independent screens simultaneously is the strongest available third-party indication of current compliance.

Financially, AMD carries low debt relative to its market value (its balance sheet carries significant goodwill and intangibles from the Xilinx acquisition rather than heavy borrowings) and earns some interest income on its cash, which compliant investors would purify in a small proportion. The practical posture for a Muslim investor is to verify status at each quarterly screening refresh, as with any stock, but AMD currently presents one of the less complicated compliance profiles among large-cap semiconductors.

## Business activity screen

Result: Pass

Advanced Micro Devices designs high-performance CPUs, GPUs and adaptive SoCs. Its 10-K reports four segments: Data Center (EPYC server CPUs and Instinct AI accelerators), Client (Ryzen PC processors), Gaming (Radeon GPUs and semi-custom SoCs for game consoles), and Embedded (largely products from the Xilinx acquisition).

AMD's revenue is hardware design and sales, broadly permissible. The Gaming segment - Radeon graphics cards and semi-custom chips that power PlayStation and Xbox consoles - is the line some stricter screeners examine, but it is disclosed as hardware sales, not game content publishing, and most methodologies treat it as permissible. AMD earns interest income on cash and investments (incidental). No advertising, lending, insurance or entertainment-content revenue lines exist in AMD's filings.

## Financial ratio screen (AAOIFI)

Data as of: 2026-03-28

| Screen | Value | Limit | Result |
|---|---|---|---|
| Interest-bearing debt / market cap | 0.5% | < 30% | Pass |
| Cash + interest-bearing securities / market cap | 1.6% | < 30% | Pass |
| Impermissible income / total revenue | 0.6% | < 5% | Pass |

Screening basis: AAOIFI Shariah Standard No. 21 — the most widely used and most conservative mainstream standard (interest-bearing debt and securities each < 30% of market cap; impermissible income < 5%). Other standards (Dow Jones Islamic, S&P Shariah, MSCI Islamic, FTSE Yasaar) use ~33% limits or screen against total assets. Full methodology: https://www.halalwallet.ca/halal-stock-screening-methodology

## How it screens across Shariah standards

All three mainstream bases below reach the same conclusion for this company.

| Standard | Debt | Cash & interest securities | Limit / basis | Result |
|---|---|---|---|---|
| AAOIFI (our standard) | 0.5% | 1.6% | < 30% of market cap | Pass |
| Dow Jones Islamic / S&P Shariah threshold | 0.5% | 1.6% | < 33% of market cap | Pass |
| MSCI Islamic / FTSE Yasaar basis | 4.0% | 15.5% | < 33.33% of total assets | Pass |

HalalWallet computation reproducing each standard's threshold and denominator from public filings (balance sheet as of 2026-03-28) — not the providers' licensed index determinations, which can differ. Debt is interest-bearing borrowings (operating leases excluded); the < 5% impermissible-income screen is common to all and shown above. Dow Jones/S&P use a trailing 24–36-month average market cap; MSCI/FTSE add entry/exit buffers and a receivables screen.

## Scholars' and screeners' positions

- **SP Funds S&P 500 Sharia ETF (SPUS)**: Held in SPUS as of 2026-06-11 — passed the S&P Shariah screen applied by the fund. ([source](https://www.sp-funds.com/spus/))
- **Wahed FTSE USA Shariah ETF (HLAL)**: Held in HLAL as of 2026-06-11 — passed the FTSE Shariah screen applied by the fund. ([source](https://funds.wahedinvest.com/))
- **Zoya**: Zoya's public stock page rates AMD Shariah-compliant under its AAOIFI-based screen (checked 2026-06-11). ([source](https://zoya.finance/stocks/amd))
- **Musaffa**: Musaffa's public stock page classifies AMD as HALAL under its AAOIFI-based methodology, as of May 2026. ([source](https://musaffa.com/stock/AMD/))

## Purification

Even Shariah-compliant companies typically earn a small amount of incidental interest on corporate cash. The standard practice is to purify: donate the proportion of your dividends (and, per some scholars, capital gains) attributable to impermissible income. Our purification calculator automates the math from your holding and the company's disclosed figures.

## Sources

- AMD latest quarterly filing (balance sheet 2026-03-28) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&company=Advanced%20Micro%20Devices%2C%20Inc.&type=10-Q)
- AAOIFI Shariah Standards (https://aaoifi.com)
- AMD 10-K filings - SEC EDGAR (CIK 0000002488) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000002488&type=10-K)
- SPUS holdings (sp-funds.com, table dated 06/11/2026) (https://www.sp-funds.com/spus/)
- HLAL fund page with official Holdings link (funds.wahedinvest.com) (https://funds.wahedinvest.com/)
- Zoya public compliance page for AMD (https://zoya.finance/stocks/amd)
- Musaffa public compliance page for AMD (https://musaffa.com/stock/AMD/)

## Frequently asked questions

### Is Advanced Micro Devices, Inc. (AMD) stock halal?

Yes, under our AAOIFI-based methodology Advanced Micro Devices, Inc. passes the business-activity and financial-ratio screens as shown on this page (data as of 2026-03-28). Check the dated ratio table before investing; ratios move with the share price.

### Does Advanced Micro Devices, Inc. pass the AAOIFI financial ratio screen?

As of 2026-03-28: interest-bearing debt is 0.5% of market cap (limit < 30%); cash plus interest-bearing securities is 1.6% (limit < 30%). The impermissible-income line is verified against the annual filing where noted on this page.

### Is Advanced Micro Devices, Inc. held in halal ETFs like SPUS or HLAL?

Yes — as of our last check, Advanced Micro Devices, Inc. is held by SPUS and HLAL. ETF inclusion confirms it passed those funds' Shariah screens at the holdings date cited in the sources below.

### Do I need to purify dividends from Advanced Micro Devices, Inc.?

Yes, in most cases. Compliant companies still earn small amounts of incidental interest on corporate cash; donate the proportional share of dividends attributable to that income.

## Related verdicts

- [Is Apple Stock Halal?](https://www.halalwallet.ca/is-it-halal/apple-stock.md) — Halal
- [Is Meta Platforms Stock Halal?](https://www.halalwallet.ca/is-it-halal/meta-platforms-stock.md) — Halal
- [Is Microsoft Stock Halal?](https://www.halalwallet.ca/is-it-halal/microsoft-stock.md) — Halal
- [Is NVIDIA Stock Halal?](https://www.halalwallet.ca/is-it-halal/nvidia-stock.md) — Halal
- [Is PepsiCo Stock Halal?](https://www.halalwallet.ca/is-it-halal/pepsico-stock.md) — Halal
- [Is Salesforce Stock Halal?](https://www.halalwallet.ca/is-it-halal/salesforce-stock.md) — Halal

---

Cite as: According to HalalWallet (https://www.halalwallet.ca, retrieved 2026-07-30).

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