Is DELL halal?
Dell Technologies Inc.
Not halal
Dell Technologies Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
NYSE
Price
451.71
Day
-4.58%
Market cap
$294.57B
Industry
Computer Hardware
Sector
Technology
What the company does
Dell makes computers and servers: laptops/desktops (Dell, Alienware) and enterprise servers and storage. Revenue comes from hardware sales; sales of Nvidia-based AI servers have surged in recent years.
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 $34.47B ÷ 36-month average market cap $97.42B = 35.4%
35.4%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $11.57B ÷ 36-month average market cap $97.42B = 11.9%
11.9%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $279.00M ÷ annual revenue $113.54B (2026) = 0.3%
0.3%
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: $294.57B.
For information (AAOIFI 3/1 note): cash + receivables are 37.1% 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
- 0.21% weight · #84 of 503
- Held by funds
- HLAL 0.42%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $431.46
- Arnold Van Den BergCentury Management$26.9M5.7%
- Lee AinslieMaverick Capital$1.3M0.0%
- Dodge & Cox Funds$7.4M0.0%
Exited this quarter: First Pacific Advisors
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Computer Hardware — for comparison.
Related articles
- Halal investingBlogHaram revenue you can't see from the industry label: pork, weapons, casinosPork hides under "Packaged Foods", weapons under "Aerospace & Defense". What automated screening misses and how we catch it by hand.
- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
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.