Is SNDK halal?
Sandisk Corporation
Halal
Sandisk Corporation 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
1,299.3
Day
-6.85%
Market cap
$194.47B
Industry
Computer Hardware
Sector
Technology
What the company does
Sandisk, spun off from Western Digital in 2025, is a flash-memory company: NAND chips, SSDs, USB drives and memory cards. It manufactures in joint factories with Kioxia; its money comes from memory-product sales.
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 $0 ÷ 36-month average market cap $81.86B = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $6.54B ÷ 36-month average market cap $81.86B = 8.0%
8.0%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $70.00M ÷ annual revenue $20.25B (2026) = 0.3%
0.3%
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. Today's market cap: $194.47B.
For information (AAOIFI 3/1 note): cash + receivables are 42.2% of total assets (2026-06-30). 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
- 0.30% weight · #54 of 503
- Among halal stocks
- 0.28% · #50 of 1454
- Held by funds
- HLAL 0.57% · SPUS 0.52% · SPTE 0.51%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $2273.73
- Lee AinslieMaverick Capital$1.3M0.0%
- Polen Capital Management$439K0.0%
Exited this quarter: David Tepper
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Computer Hardware — 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.