← All sectors

Technology stocks under Sharia screening

Tech is the friendliest sector for Sharia investors: software and hardware companies typically pass the sector test, and most have low debt and modest cash relative to market cap. However, MSCI Islamic uses total-assets as the cash-ratio denominator (33.33% cap), which can trip up cash-rich names like Shopify even when AAOIFI and DJIM pass.

Summary: Most PASS all three. SHOP fails MSCI on cash divergence — a useful illustration of why standards matter.

Verdicts (AAOIFI default)

TickerCompanySectorDebtCashARVerdict
AAPLApple Inc.PASS2.48%1.37%11.07%PASS
MSFTMicrosoft CorporationPASS2.00%3.12%11.29%PASS
GOOGAlphabet Inc.PASS1.28%2.75%10.56%PASS
NVDANVIDIA CorporationPASS0.23%1.29%18.60%PASS
METAMeta Platforms, Inc.PASS5.40%5.25%5.40%PASS
AMZNAmazon.com, Inc.PASS5.37%4.32%8.28%PASS
ORCLOracle CorporationPASS20.90%2.25%5.08%PASS
CRMSalesforce, Inc.PASS11.44%6.37%12.77%PASS
ADBEAdobe Inc.PASS6.57%6.52%7.95%PASS
CSCOCisco Systems, Inc.PASS7.71%4.42%5.48%PASS
AMDAdvanced Micro Devices, Inc.PASS0.67%1.83%8.21%PASS
INTCIntel CorporationPASS9.81%7.88%1.82%PASS
TSMTaiwan Semiconductor Manufacturing Company LimitedPASS51.34%150.86%3.56%FAIL
AVGOBroadcom Inc.PASS3.26%0.81%4.18%PASS
SHOPShopify Inc.PASS0.11%3.49%2.77%PASS
CSUConstellation Software Inc.PASS10.94%5.94%9.09%PASS
OTEXOpen Text CorporationPASS112.36%19.56%4.79%FAIL

Verdicts shown for AAOIFI standard. Run any ticker against all three standards in the dashboard. Educational use only — confirm with your qualified scholar.

Open the screener →

© 2026 Quintessentia Network Inc. · Overview · Methodology · Examples