Is STX halal?
Seagate Technology Holdings PLC
Halal
Seagate Technology Holdings PLC 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
639.01
Day
-7.50%
Market cap
$153.15B
Industry
Computer Hardware
Sector
Technology
What the company does
Seagate makes hard-disk drives (HDDs), mainly high-capacity drives (30+ TB) for cloud data centers. Customers are cloud providers like Amazon, Microsoft and Google; its money comes from drive 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 $3.56B ÷ 36-month average market cap $51.50B = 6.9%
6.9%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $1.70B ÷ 36-month average market cap $51.50B = 3.3%
3.3%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $30.00M ÷ annual revenue $12.20B (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: $153.15B.
For information (AAOIFI 3/1 note): cash + receivables are 33.7% 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
- 0.24% weight · #72 of 503
- Among halal stocks
- 0.22% · #64 of 1455
- Held by funds
- HLAL 0.43% · SPUS 0.39% · SPTE 0.38%
- Dividend
- 0.39% · purify 0.3% · net 0.39%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $965.00
- Stephen MandelLone Pine Capital$965.1M5.9%
- Chase ColemanTiger Global Management$275.1M1.1%
- Lee AinslieMaverick Capital$1.2M0.0%
Halal 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.