--- title: "Is Intel Stock Halal?" canonical: https://www.halalwallet.ca/is-it-halal/intel-stock publisher: HalalWallet license: CC BY 4.0 verdict: halal verdict_label: Halal entity_type: stock ticker: INTC exchange: NASDAQ last_reviewed: 2026-06-15 data_as_of: 2026-03-28 standards_disagree: false authorities_with_position: 2 authority_agreement: unanimous --- # Is Intel Stock Halal? **Authority consensus:** All 2 halal screening authorities with a published position rate Intel Corporation halal. **Verdict: Halal** (Generally permissible) Intel Corporation (INTC) passes our AAOIFI-based screen. Its core business is permissible, and (data as of 2026-03-28) interest-bearing debt is 7.8% of market cap and cash plus interest-bearing securities 5.6% — both inside the 30% AAOIFI thresholds. It is independently held by Shariah-screened ETF 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 Intel's business activity is straightforwardly permissible: it designs and manufactures chips, with fiscal 2025 revenue of $52.85 billion coming from client processors ($32.23 billion), data-center and AI products ($16.92 billion), foundry services, and smaller product lines. There is no haram revenue category in the business itself, so for Shariah purposes Intel is evaluated on its financial ratios, such as debt levels and any interest income relative to AAOIFI thresholds, which move with each reporting period. The interesting and honest data point for investors is that the two largest US Shariah ETFs currently disagree on Intel. HLAL's SEC-filed schedule of investments (February 28, 2026) shows a position in Intel, while Intel is absent from the SPUS holdings table dated June 11, 2026, even though Intel is an S&P 500 company. The funds track different indexes (FTSE USA Shariah vs S&P 500 Shariah Industry Exclusions) whose financial-ratio screens differ in formula and measurement dates, and neither publishes stock-level explanations, so we cannot state the precise reason for the divergence. For a Muslim retail investor, the takeaway is that Intel's core business is clean but its screen status is ratio-dependent and currently differs across professional methodologies. That makes Intel exactly the kind of stock to verify in a live screener at the time of purchase rather than relying on a cached verdict, especially given the large debt-funded foundry buildout that can move its ratios from quarter to quarter. ## Business activity screen Result: Pass Intel designs and manufactures semiconductors, including client CPUs, data-center processors, and foundry services. Per its FY2025 10-K (fiscal year ended December 27, 2025), total net revenue was $52.85 billion, with Client Computing Group revenue of $32.23 billion, Data Center and AI revenue of $16.92 billion, Intel Foundry revenue of $17.83 billion (predominantly intersegment; external foundry revenue was $307 million), and all-other revenue of $3.56 billion before eliminations. Semiconductor design and manufacturing is a permissible business activity with no haram product lines. Intel reports interest and investment income within non-operating results, but the specific 2025 amount was not verified for this brief (null rather than estimated); any such income would count toward the ~5% AAOIFI impermissible-income tolerance and is the kind of item stock-level screeners track. Note an observable divergence between the two major Shariah ETFs: Intel appears in HLAL's SEC-filed holdings (as of 2026-02-28) but does not appear in the SPUS holdings list dated 2026-06-11; neither fund publishes per-stock reasons, so the cause (e.g., financial-ratio screens applied at different dates) is not verifiable. ## Financial ratio screen (AAOIFI) Data as of: 2026-03-28 | Screen | Value | Limit | Result | |---|---|---|---| | Interest-bearing debt / market cap | 7.8% | < 30% | Pass | | Cash + interest-bearing securities / market cap | 5.6% | < 30% | Pass | | Impermissible income / total revenue | 1.9% | < 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) | 7.8% | 5.6% | < 30% of market cap | Pass | | Dow Jones Islamic / S&P Shariah threshold | 7.8% | 5.6% | < 33% of market cap | Pass | | MSCI Islamic / FTSE Yasaar basis | 21.9% | 16.0% | < 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)**: Not held in SPUS as of 2026-06-11. Absence can reflect screen failure or index scope — verify before citing as a screen outcome. ([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://www.sec.gov/Archives/edgar/data/1683471/000089418926012509/wahedshariah.htm)) ## 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 - INTC latest quarterly filing (balance sheet 2026-03-28) (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&company=Intel%20Corporation&type=10-Q) - AAOIFI Shariah Standards (https://aaoifi.com) - Intel FY2025 10-K segment disclosure (SEC EDGAR XBRL) (https://www.sec.gov/Archives/edgar/data/50863/000005086326000011/R12.htm) - Intel SEC filings (company IR) (https://www.intc.com/filings-reports/all-sec-filings/xbrl_doc_only/4151) - SPUS holdings (SP Funds) (https://www.sp-funds.com/spus/) - HLAL Schedule of Investments 2026-02-28 (SEC EDGAR) (https://www.sec.gov/Archives/edgar/data/1683471/000089418926012509/wahedshariah.htm) ## Frequently asked questions ### Is Intel Corporation (INTC) stock halal? Yes, under our AAOIFI-based methodology Intel Corporation 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 Intel Corporation pass the AAOIFI financial ratio screen? As of 2026-03-28: interest-bearing debt is 7.8% of market cap (limit < 30%); cash plus interest-bearing securities is 5.6% (limit < 30%). The impermissible-income line is verified against the annual filing where noted on this page. ### Is Intel Corporation held in halal ETFs like SPUS or HLAL? Yes — as of our last check, Intel Corporation is held by 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 Intel Corporation? 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