Is SKHY halal?
SK hynix Inc.
Halal
SK hynix Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
146.11
Day
-0.98%
Market cap
$1.05T
Industry
Semiconductors
Sector
Technology
What the company does
SK hynix (South Korea) makes memory chips: DRAM (working memory for PCs and servers) and NAND (flash storage). Revenue comes from chip sales; it is Nvidia's main supplier of HBM (high-bandwidth memory) for AI servers.
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 $14.78B ÷ current market cap $1046.36B = 1.4%
1.4%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $66.57B ÷ current market cap $1046.36B = 6.4%
6.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $346.03M ÷ annual revenue $68.00B (2025) = 0.5%
0.5%
Pass
Figures from the company's filings (2026-06-30), 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.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 1.53% · #12 of 1455
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Semiconductors — 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.