Is VECO halal?
Veeco Instruments Inc.
Halal
Veeco Instruments 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
42.75
Day
-5.34%
Market cap
$2.72B
Industry
Semiconductor Equipment & Materials
Sector
Technology
What the company does
Veeco makes chip-manufacturing equipment: laser annealing, ion-beam deposition, MOCVD (LEDs/photonics) and advanced-packaging lithography. Its money comes from equipment 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 $226.25M ÷ 36-month average market cap $1.78B = 12.7%
12.7%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $383.33M ÷ 36-month average market cap $1.78B = 21.5%
21.5%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $13.47M ÷ annual revenue $664.29M (2025) = 2.0%
2.0%
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: $2.72B.
For information (AAOIFI 3/1 note): cash + receivables are 41.1% 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
- Not in the S&P 500
- Among halal stocks
- 0.00% · #715 of 1454
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $75.80
- First Eagle Investment Management$70.3M0.1%
- Polen Capital Management$3.7M0.0%
- Lee AinslieMaverick Capital$465K0.0%
Halal stocks in the same industry
The largest halal stocks in Semiconductor Equipment & Materials — 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.