Primary business test
AAOIFI Standard 21 verdict · auto-updated daily
Is AMAT halal? AAOIFI verdict for Applied Materials, Inc.
AMAT
Applied Materials, Inc.
Under AAOIFI Standard 21 as applied by invest-like.com, Applied Materials, Inc. (AMAT) is currently classified as Shariah-compliant. The stock passes the activity screen (primary business not in a prohibited category) and the financial-ratio screen (interest-bearing debt ratio below 30 percent of market cap).
Interest-bearing debt ratio: 1.9% (AAOIFI threshold: < 30%)
Test-by-test breakdown
How AMAT performs on each of the AAOIFI Standard 21 tests applied by invest-like.com.