
Is NetScout Systems (NTCT) stock Halal?
NetScout Systems, Inc. (NTCT) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 97.99%. Tabadulat re-screens NTCT monthly, and the status can change when new financial data arrives.
NetScout Systems is a provider of network performance management and cybersecurity solutions, primarily catering to service providers, enterprises, and government agencies. The company's core function lies in ensuring network performance and security through comprehensive visibility into data, enabling customers to monitor, analyze, and optimize network resources. Netscout's products and services significantly impact industries including telecommunications, finance, healthcare, and public sector organizations by aiding in the management of complex IT environments and safeguarding critical digital assets. Before any of that matters to a Muslim investor, one question comes first: is NetScout Systems stock Halal?
Is NetScout Systems Shariah compliant?
The Shariah case on a technology company like NetScout Systems 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 NetScout Systems pass the business activity test?
Yes. In the September 2026 screening NetScout Systems 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 NetScout Systems' income Halal?
Yes, within AAOIFI's tolerance. NetScout Systems' 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 97.99% tells holders of NTCT what share of each dividend to keep and what remainder to donate to charity.
Does NetScout Systems 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 NTCT 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



