
Is Advanced Micro Devices (AMD) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Advanced Micro Devices, Inc. (AMD) passes all four screens as of September 2026, with a dividend purification factor of 99.39%.
Advanced Micro Devices is a prominent player in the semiconductor industry, renowned for designing and manufacturing high-performance computing and graphics solutions. The company's primary function is to develop and distribute processors and graphics technologies that power a wide range of devices, from personal computers and gaming consoles to data centers and embedded systems. AMD's products play a pivotal role in enabling cutting-edge applications across industries such as gaming, cloud computing, artificial intelligence, and virtual reality. For Muslim investors, though, the most pressing question is simpler: is Advanced Micro Devices a Halal investment?
Is Advanced Micro Devices Shariah compliant?
Technology companies rarely fail AAOIFI screening on what they sell. Software, hardware and digital services are permissible business activities, so for a company like Advanced Micro Devices the Shariah question moves to the balance sheet: how much of its market value sits in interest bearing debt, how much of its cash earns Riba in conventional deposits, and whether incidental income from impermissible sources creeps past 5% of revenue. These are exactly the ratios AAOIFI Shariah Standard No. 21 polices, and they move every month with the share price.
Does Advanced Micro Devices pass the business activity test?
Yes. In the September 2026 screening Advanced Micro Devices holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.
Is Advanced Micro Devices' income Halal?
Yes, within AAOIFI's tolerance. Advanced Micro Devices' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.39% tells holders of AMD what share of each dividend to keep and what remainder to donate to charity.
Does Advanced Micro Devices meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has AMD re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read Why a Halal Stock Screener Matters for Halal Investing



