
Is Ingram Micro (INGM) stock Halal?
Ingram Micro Holding Corp. (INGM) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the interest-bearing debt screen. Tabadulat re-screens INGM monthly, and a stock can return to compliance when new financial reports change its ratios.
Ingram Micro is a leading global distributor of information technology products and services, recognized for its expansive reach and platform-driven approach. Its services include enterprise computing, cybersecurity, cloud platform integration, supply chain management, and managed service support. Ingram Micro serves customers across approximately 200 countries, collaborating with more than 161,000 clients and 1,500 vendors globally. Before any of that matters to a Muslim investor, one question comes first: is Ingram Micro stock Halal?
Is Ingram Micro Shariah compliant?
The Shariah case on a technology company like Ingram Micro is rarely about the product. What AAOIFI Shariah Standard No. 21 examines is the money around the product: cash parked in instruments that earn Riba, borrowing measured against a market capitalisation that moves daily, and any incidental income from sources Islam prohibits, which must stay below 5% of revenue.
Does Ingram Micro pass the business activity test?
The activity screen is only part of the picture this month: Ingram Micro currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. 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 Ingram Micro's income Halal?
Yes, within AAOIFI's tolerance. Ingram Micro's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Ingram Micro meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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



