Is CSCO halal?
Cisco Systems, Inc.
Halal
Cisco Systems, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
107.39
Day
-2.24%
Market cap
$455.88B
Industry
Communication Equipment
Sector
Technology
What the company does
Cisco makes networking equipment (routers, switches, Wi-Fi), cybersecurity, Splunk data analytics and Webex. Its money comes from hardware sales and, increasingly, software subscriptions; customers are enterprises and service providers.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $29.53B ÷ 36-month average market cap $264.52B = 11.2%
11.2%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $15.92B ÷ 36-month average market cap $264.52B = 6.0%
6.0%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $866.00M ÷ annual revenue $63.33B (2026) = 1.4%
1.4%
Pass
Figures from the company's filings (2026-07-31), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $455.88B.
For information (AAOIFI 3/1 note): cash + receivables are 20.7% of total assets (2026-07-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.65% weight · #25 of 503
- Among halal stocks
- 0.67% · #21 of 1454
- Held by funds
- SPUS 1.11% · HLAL 1.11% · SPTE 1.09%
- Dividend
- 1.44% · purify 1.4% · net 1.42%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 6 superinvestors · Average reported price: $49.46
- AKO Capital$232K5.4%
- Richard PzenaPzena Investment Management$150.5M0.4%
- Tweedy Browne$3.5M0.3%
- Mairs & Power Funds$2.3M0.0%
- Dodge & Cox Funds$10.4M0.0%
- Lee AinslieMaverick Capital$1.4M0.0%
Exited this quarter: Yacktman Asset Management
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Communication Equipment — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.