
Is Navitas Semiconductor (NVTS) stock Halal?
September 2026 AAOIFI screening result for Navitas Semiconductor Corp. (NVTS): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Navitas Semiconductor Corp. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Navitas Semiconductor is a leading developer of ultra-efficient gallium nitride (GaN) power integrated circuits, specializing in next-generation semiconductor solutions for power electronics. The company designs and manufactures GaNFast ICs that integrate GaN power with drive, control, and protection, enabling faster switching speeds, higher energy efficiency, and greater power density. Navitas Semiconductor Corp’s products are widely used in mobile, consumer, data center, electric vehicle, solar, industrial, and smart grid applications, supporting the global shift toward sustainable energy and electrification. Before any of that matters to a Muslim investor, one question comes first: is Navitas Semiconductor stock Halal?
Is Navitas Semiconductor Shariah compliant?
The Shariah case on a technology company like Navitas Semiconductor 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 Navitas Semiconductor pass the business activity test?
The activity screen is only part of the picture this month: Navitas Semiconductor currently fails the non-permissible income 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 Navitas Semiconductor's income Halal?
No. Navitas Semiconductor's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Navitas Semiconductor 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 NVTS re-screened every month, and the result above always shows the latest verdict.
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