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Halal screening by industry

Halal Communication Equipment stocks

There are 45 listed US companies in Communication Equipment: 24 of them (53%) pass AAOIFI screening, 21 are not halal, 0 are doubtful and 0 lack enough data. The industry belongs to the Technology sector.

Companies in this industry — screening result

  • Halal24 · 53%
  • Not halal21 · 47%
  • Doubtful0 · 0%
  • Not enough data0 · 0%

45 listed companies in total

Not halal — by reason

21 companies are currently not halal. One company can fail for several reasons; the interest-income test only applies once the debt and cash ratios pass.

  • Cash & investments ≥ 30%13 · 62%
  • Interest-bearing debt ≥ 30% (of market cap)8 · 38%
  • Interest (non-compliant) income ≥ 5%1 · 5%

This is a general observation, not a fatwa. Every company is screened individually — the result is on its own page, with the ratios. Methodology

Largest halal stocks — Communication Equipment

The 24 largest by market cap. Open any row for the full stock page — ratios, formula and date.

#CompanyMarket capPriceDebtCashInterest income
1Cisco Systems, Inc.CSCO$455.88B107.3911.26.01.4
2Lumentum Holdings Inc.LITE$76.92B824.139.215.42.0
3Motorola Solutions, Inc.MSI$74.14B463.1513.21.10.5
4Ciena CorporationCIEN$54.34B332.7314.813.01.1
5Nokia Corporation SponsoredNOK$52.32B9.1411.923.91.8
6Ubiquiti Inc.UI$36.86B600.860.02.6—
7Zebra Technologies CorporationZBRA$17.67B369.0118.51.1—
8Viavi Solutions Inc.VIAV$8.73B33.3817.417.41.0
9Applied Optoelectronics, Inc.AAOI$7.83B75.578.218.50.4
10Belden IncBDC$4.03B102.8328.78.1—
11Extreme Networks, Inc.EXTR$3.04B21.737.29.30.3
12Digi International Inc.DGII$2.80B69.97.92.0—
13Vistance Networks, Inc.VISN$1.39B5.80.05.90.9
14Harmonic Inc.HLIT$1.11B10.698.317.3—
15Frequency Electronics, Inc.FEIM$777.7M65.180.023.6—
16Gilat Satellite Networks Ltd.GILT$613.5M7.831.727.90.8
17AudioCodes Ltd.AUDC$275.2M11.214.322.11.1
18BK Technologies CorporationBKTI$261.0M65.010.017.8—
19Ceragon Networks Ltd.CRNT$185.8M2.0412.314.80.1
20Optical Cable CorporationOCC$133.3M12.9120.10.7—
21Amplitech Group, Inc.AMPG$80.8M2.390.125.7—
22Airgain, Inc.AIRG$54.6M4.050.012.60.7
23ClearOne, Inc.CLRO$8.3M2.993.00.5—
24Silynxcom Ltd.SYNX$5.1M0.760010.226.7—

Ratios in percent; limits: debt < 30%, cash < 30%, interest income < 5%.

See the whole market in the screener

The public page is a sample. The screener filters by industry, sector and halal status: sort every Communication Equipment stock by 40+ metrics (P/E, margins, growth, technicals).

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Parent sector

All halal stocks in Technology

Other industries in Technology

Frequently asked questions

Which Communication Equipment stocks are halal?
According to our AAOIFI-based screening, 24 of 45 listed Communication Equipment companies are halal. The largest by market cap: Cisco Systems, Inc. (CSCO), Lumentum Holdings Inc. (LITE), Motorola Solutions, Inc. (MSI), Ciena Corporation (CIEN), Nokia Corporation Sponsored (NOK). Each company's ratios are on its stock page.
Why are some Communication Equipment companies not halal?
21 companies in this industry are currently not halal. Reasons (one company can fail for several): Cash & investments ≥ 30% — 13; Interest-bearing debt ≥ 30% (of market cap) — 8; Interest (non-compliant) income ≥ 5% — 1.
Which sector does Communication Equipment belong to?
Communication Equipment is an industry within the Technology sector. Other industries there with a halal list: Software - Application, Software - Infrastructure, Semiconductors, Information Technology Services, Electronic Components, Semiconductor Equipment & Materials, Scientific & Technical Instruments, Computer Hardware.
Is this a fatwa or investment advice?
No. This is the result of automated screening based on public data. It is neither a fatwa nor an investment recommendation. Consult a scholar or adviser you trust before making decisions.
How often are the results updated?
Screening runs every day: when a new quarterly report comes out, the ratios are recalculated and the status may change. Each stock page shows the date it was checked.

Not a fatwa and not investment advice. Screening is automated from public financial reports and may be wrong or out of date.