--- title: "Is ASML Stock Halal?" canonical: https://www.halalwallet.ca/is-it-halal/asml-stock publisher: HalalWallet license: CC BY 4.0 verdict: halal verdict_label: Halal entity_type: stock ticker: ASML exchange: NASDAQ last_reviewed: 2026-06-15 data_as_of: 2026-03-31 standards_disagree: false authorities_with_position: 3 authority_agreement: unanimous --- # Is ASML Stock Halal? **Authority consensus:** All 3 halal screening authorities with a published position rate ASML Holding N.V. halal. **Verdict: Halal** (Generally permissible) ASML Holding N.V. (ASML) passes our AAOIFI-based screen. Its core business is permissible, and (data as of 2026-03-31) interest-bearing debt is 0.4% of market cap and cash plus interest-bearing securities 1.3% — both inside the 30% AAOIFI thresholds. 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 ASML is the Dutch company that builds the lithography machines chipmakers use to print circuits onto silicon — most notably the EUV systems that TSMC, Samsung, and Intel rely on to make leading-edge processors. Because the business is simply designing, selling, and servicing this manufacturing equipment, it is a clean industrial-technology activity with no alcohol, gambling, tobacco, or conventional-finance exposure. Zoya, Musaffa, and Muslim Xchange all independently classify ASML as Shariah-compliant. The financial ratios are very strong: ASML carries minimal interest-bearing debt relative to its large market value, and interest income is only around 0.3% of revenue — so dividend purification is negligible. The practical takeaway: ASML clears both the business and financial screens with room to spare. Re-check the debt and cash ratios after new filings, and avoid leverage on the position. Note that ASML trades both as a U.S.-listed share (ASML) and on Euronext Amsterdam (ASML.AS); the Shariah status is the same for both. ## Business activity screen Result: Pass ASML Holding develops, manufactures, and services the photolithography systems used to produce semiconductor chips — including the EUV (extreme-ultraviolet) machines that are essential to making the most advanced processors. Revenue is from selling and servicing this equipment, a permissible industrial-technology activity. No prohibited business lines are disclosed. Interest income on ASML's cash is very small — our screen shows ~0.3% of revenue, well under the 5% AAOIFI threshold — so any dividend purification is minimal. ## Financial ratio screen (AAOIFI) Data as of: 2026-03-31 | Screen | Value | Limit | Result | |---|---|---|---| | Interest-bearing debt / market cap | 0.4% | < 30% | Pass | | Cash + interest-bearing securities / market cap | 1.3% | < 30% | Pass | | Impermissible income / total revenue | 0.3% | < 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) | 0.4% | 1.3% | < 30% of market cap | Pass | | Dow Jones Islamic / S&P Shariah threshold | 0.4% | 1.3% | < 33% of market cap | Pass | | MSCI Islamic / FTSE Yasaar basis | 5.6% | 17.4% | < 33.33% of total assets | Pass | HalalWallet computation reproducing each standard's threshold and denominator from public filings (balance sheet as of 2026-03-31) — 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 - **Zoya**: Classifies ASML as Shariah-compliant under its AAOIFI-based methodology. ([source](https://zoya.finance/stocks/asml)) - **Musaffa**: Classified HALAL as of February 2026 based on AAOIFI screens (report source: 2025 Annual Report). ([source](https://musaffa.com/stock/ASML/)) - **Muslim Xchange**: Marks ASML Shariah-compliant across its tracked methodologies as of April 2026. ([source](https://muslimxchange.com/ticker/asml/)) ## 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 - ASML latest quarterly filing (balance sheet 2026-03-31) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&company=ASML%20Holding%20N.V.&type=10-Q) - AAOIFI Shariah Standards (https://aaoifi.com) - ASML Annual Report & filings (investor relations) (https://www.asml.com/en/investors) - Zoya — ASML Shariah compliance status (https://zoya.finance/stocks/asml) - Musaffa — ASML Shariah status (HALAL) (https://musaffa.com/stock/ASML/) - Muslim Xchange — ASML (Shariah-compliant) (https://muslimxchange.com/ticker/asml/) ## Frequently asked questions ### Is ASML Holding N.V. (ASML) stock halal? Yes, under our AAOIFI-based methodology ASML Holding N.V. passes the business-activity and financial-ratio screens as shown on this page (data as of 2026-03-31). Check the dated ratio table before investing; ratios move with the share price. ### Does ASML Holding N.V. pass the AAOIFI financial ratio screen? As of 2026-03-31: interest-bearing debt is 0.4% of market cap (limit < 30%); cash plus interest-bearing securities is 1.3% (limit < 30%). The impermissible-income line is verified against the annual filing where noted on this page. ### Is ASML Holding N.V. held in halal ETFs like SPUS or HLAL? Check the scholar/screener positions and sources on this page for current SPUS, HLAL, Zoya, and Musaffa statuses. ### Do I need to purify dividends from ASML Holding N.V.? 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). - Full canonical answer feed (JSON): https://www.halalwallet.ca/api/llm-feed.json - Site guide for AI systems: https://www.halalwallet.ca/llms.txt - Markdown mirror directory: https://www.halalwallet.ca/index.md