Is FLEX halal?
Flex Ltd.
Halal
Flex Ltd. 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
90.46
Day
-8.16%
Market cap
$39.37B
Industry
Electronic Components
Sector
Technology
What the company does
Flex (Singapore) is a contract electronics manufacturer, assembling servers, data-center power systems, automotive electronics and medical devices for other brands. Its money comes from manufacturing services.
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 $3.75B ÷ 36-month average market cap $20.37B = 18.4%
18.4%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $2.39B ÷ 36-month average market cap $20.37B = 11.7%
11.7%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $51.00M ÷ annual revenue $27.91B (2026) = 0.2%
0.2%
Pass
Figures from the company's filings (2026-03-31), 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: $39.37B.
For information (AAOIFI 3/1 note): cash + receivables are 36.9% of total assets (2026-03-31). 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
- 0.05% weight · #277 of 503
- Among halal stocks
- 0.06% · #191 of 1454
- Held by funds
- HLAL 0.10% · SPUS 0.09% · SPTE 0.09%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $162.07
- Daniel LoebThird Point$166.9M3.6%
- Lee AinslieMaverick Capital$857K0.0%
- First Eagle Investment Management$5.4M0.0%
Exited this quarter: Christopher Bloomstran, Harry Burn
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Electronic Components — for comparison.
Related articles
- Halal investingBlogHow to calculate purification for a halal stockEven a halal company earns a little interest. A simple formula and worked example for how much of your dividend to give to charity.
- GuideBlogDividends, zakat and tax: a practical guide for US stock holdersHow much US tax is withheld from dividends, what to declare in Uzbekistan, and how zakat on shares is calculated — with one worked example.
- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.