Canadian Halal Investor.

NASDAQ Shariah screener · October 2026

Is Amkor Technology, Inc. (AMKR) Halal?

PASS

Amkor Technology, Inc. · NASDAQ: AMKR · Technology

The short answer

Amkor Technology passes all three Shariah gates: it provides semiconductor packaging and test services (no interest-based business), carries about $1.45B of interest-bearing debt (10.7% of its ~$13.51 billion market cap), and separately disclosed interest income of about 0.93% of revenue is under the 5% ceiling.

Gate 1 — Business activity: PASS

Gate 1 — business activity: PASS. Amkor Technology, Inc., per its FY2025 Form 10-K (year ended December 31, 2025, filed February 20, 2026), is 'the world's largest U.S. headquartered OSAT and is a global leader in outsourced semiconductor packaging and test services.' Its portfolio includes advanced packaging, wafer-level processing, and system-in-package solutions targeting smartphones, data centers, artificial intelligence, automobiles, and wearables.

The company reports two product groups — Advanced Products (flip chip, memory, and wafer-level processing; 82.8% of 2025 net sales) and Mainstream Products (wirebond packaging and related test; 17.2%) — serving integrated device manufacturers, fabless semiconductor companies, OEMs, and contract foundries from facilities in multiple countries, with a new facility under construction in Arizona. It is not an interest-based lender and is not involved in tobacco, gambling, pork, or conventional banking or insurance. The business passes gate 1.

Gate 2 — Debt and cash: PASS

Gate 2 — interest-bearing debt: PASS (10.7%, ceiling 33%). Per Amkor Technology's FY2025 Form 10-K Consolidated Balance Sheets, at December 31, 2025 the company carried $162.4 million of short-term borrowings and current portion of long-term debt plus $1,282.8 million of long-term debt — total interest-bearing debt of about $1,445.2 million. Operating lease liabilities ($23.1 million current plus $48.5 million noncurrent) are excluded — they are not interest-bearing debt.

$1,445.2 million against a market capitalization of about $13.51 billion (Finnhub, live quote October 2, 2026; stockanalysis reported $13.14 billion at the October 1, 2026 close) is about 10.7% — under the 33% ceiling. Cash and cash equivalents of $1,378.3 million plus short-term investments of $613.0 million at December 31, 2025 represent about 14.7% of market cap.

Gate 3 — Non-compliant income: PASS

Gate 3 — non-compliant income: PASS (0.93%, ceiling 5%). Amkor Technology's FY2025 Form 10-K separately discloses interest income in the notes to its financial statements (segment information table): $62,397 thousand of interest income against net sales of $6,707,981 thousand is about 0.93% — under the 5% ceiling (2024: $65,541 thousand; 2023: $48,458 thousand; interest expense was $75.4 million in 2025).

The most recent annual figure (0.93%) is used for this gate.

Key figures used

Frequently asked questions

What does Amkor Technology do?

Amkor Technology, Inc. (NASDAQ: AMKR) is the world's largest US-headquartered outsourced semiconductor assembly and test (OSAT) provider. Per its FY2025 Form 10-K (year ended December 31, 2025, filed February 20, 2026), it provides advanced packaging, wafer-level processing, and system-in-package solutions used in smartphones, data centers, artificial intelligence, automobiles, and wearables. Revenue is split into Advanced Products (flip chip, memory, and wafer-level processing; 82.8% of 2025 net sales) and Mainstream Products (wirebond packaging and test; 17.2%). It serves integrated device manufacturers, fabless semiconductor companies, OEMs, and contract foundries from manufacturing facilities in multiple countries, including a new facility under construction in Arizona.

Is Amkor Technology's business Shariah compliant?

Amkor Technology provides semiconductor packaging and test services to electronics companies - it is not an interest-based lender and is not involved in tobacco, gambling, pork, or conventional banking or insurance. Its end markets (smartphones, data centers, artificial intelligence, automobiles, wearables) are ordinary commercial applications, and its customers are semiconductor and electronics manufacturers. The business is capital-intensive manufacturing with heavy reinvestment in property, plant, and equipment - ordinary industrial operations, not haram business lines. Assessed on the filed business description, the business passes this screener's first gate.

How much interest-bearing debt does Amkor Technology have?

Amkor Technology's FY2025 Form 10-K balance sheet shows short-term borrowings and current portion of long-term debt of $162.4 million and long-term debt of $1,282.8 million at December 31, 2025 - total interest-bearing debt of about $1,445.2 million. Lease obligations ($23.1 million short-term and $48.5 million long-term operating lease liabilities) are excluded as they are not interest-bearing debt. $1,445.2 million against a market capitalization of about $13.51 billion (Finnhub, live quote October 2, 2026; stockanalysis reported $13.14 billion at the October 1, 2026 close) is about 10.7% - under the 33% ceiling. Interest expense was $75.4 million in 2025.

How much interest income does Amkor Technology earn?

Amkor Technology's FY2025 Form 10-K separately discloses interest income of $62,397 thousand in the notes to its financial statements (in the segment information table provided to its chief operating decision maker) against net sales of $6,707,981 thousand - about 0.93%, under the 5% non-compliant income ceiling (2024: $65,541 thousand; 2023: $48,458 thousand). Cash and cash equivalents of $1,378,347 thousand plus short-term investments of $613,038 thousand at December 31, 2025 represent about 14.7% of market capitalization.

What do third-party Shariah screeners say about Amkor Technology?

Zoya publishes an AMKR page under its AAOIFI methodology; its September 2026 update indicates Shariah-compliant, though the page's template text rendered inconsistently in a text fetch, so its current rating could not be fully verified from the crawled text. Note a divergence: Zoya records interest income as $0 (reading only the income statement, where it is not broken out on its own line), while the 10-K notes separately disclose $62,397 thousand of interest income - both figures are under the 5% ceiling. I could not verify a Musaffa rating page for AMKR or a ShariaPortfolio rating from public sources. Third-party screeners apply different assumptions and update on different schedules, and their results can change when new financial statements are published - always check the latest screening before investing.

Sources

Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).