Is Seagate Technology Holdings Plc STX stock halal to invest in?

Yes, as of August 2026, Seagate Technology Holdings Plc stock (STX) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. Seagate Technology Holdings Plc currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 99.81%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Seagate Technology Holdings Plc and explore other Shariah compliant stocks in the Tabadulat app.

How often is Seagate Technology Holdings Plc STX reviewed for Shariah compliance?

Tabadulat reviews Seagate Technology Holdings Plc STX for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Seagate Technology Holdings Plc reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Seagate Technology Holdings Plc STX pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Seagate Technology Holdings Plc stock (STX) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Seagate Technology Holdings Plc's income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Seagate Technology Holdings Plc STX pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Seagate Technology Holdings Plc stock (STX) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Seagate Technology Holdings Plc's interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Seagate Technology Holdings Plc STX pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Seagate Technology Holdings Plc stock (STX) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Seagate Technology Holdings Plc's interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Seagate Technology Holdings Plc STX stock?

As of August 2026, the dividend purification factor for Seagate Technology Holdings Plc (STX) is 99.81%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Seagate Technology Holdings Plc dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Seagate Technology Holdings Plc STX pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Seagate Technology Holdings Plc stock (STX) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Seagate Technology Holdings Plc has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Seagate Technology Holdings Plc

NASDAQ

Shariah-Compliant

Not Shariah

STX

About

Seagate Technology Holdings Plc

STX

Seagate Technology Holdings Plc is a leading provider of data storage solutions integral to the information technology industry. Its primary function is to design, manufacture, and supply a wide array of hard disk drives (HDDs) and storage systems, which are crucial for data management and storage in various sectors. Seagate's innovative storage solutions cater to the needs of consumers, small businesses, and large enterprises, supporting critical functions such as data centers, cloud computing, and client computing applications. Established in 1979, Seagate has consistently been at the forefront of data storage technology, introducing cutting-edge solutions that enhance storage efficiency and capacity. The company's products have widespread applications across multiple industries, including technology, healthcare, automotive, and finance, playing an indispensable role in facilitating the ever-growing demand for data storage and management. Through its advanced research and development initiatives, Seagate Technology Holdings Plc continues to influence the market landscape by driving innovations in storage technologies and solutions, thereby maintaining its significant market presence and leadership.

Sector:

Technology

Industry:

Computer Hardware

Employees:

30000

Website:

https://www.seagate.com

STX

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Seagate Technology Holdings Plc

About

Seagate Technology Holdings Plc

STX

Frequently asked questions

Is Seagate Technology Holdings Plc STX stock halal to invest in?

How often is Seagate Technology Holdings Plc STX reviewed for Shariah compliance?

Does Seagate Technology Holdings Plc STX pass the AAOIFI Non Permissible Income criteria?

Does Seagate Technology Holdings Plc STX pass the AAOIFI Interest Bearing Investments criteria?

Does Seagate Technology Holdings Plc STX pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Seagate Technology Holdings Plc STX stock?

Does Seagate Technology Holdings Plc STX pass the AAOIFI Preference Share screen?

How do I buy Seagate Technology (STX) stock?

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