NASDAQ Shariah screener · October 2026
Is Intel Corporation (INTC) Halal?
Intel Corporation · NASDAQ: INTC · Technology
The short answer
Yes — Intel Corporation (INTC) passes this Shariah stock screen. The Santa Clara chipmaker (Client Computing Group, Data Center and AI, and Intel Foundry; 80% owner of Mobileye) has none of the core prohibited business lines — its foundry may serve aerospace and defense customers, but Intel is a chip supplier, not a weapons manufacturer. Its total debt of $46,585M is about 7.4% of its ~$632B market cap ($120.23, October 1, 2026), below the ~33% ceiling. Interest income of $1,007M is about 1.91% of FY2025 revenue ($52,853M), below the 5% non-compliant income ceiling (the one-time $5,553M Altera divestiture gain is a capital gain, excluded). Musaffa rates Intel HALAL; Zoya covers INTC though its public page renders conflicting template text; no ShariaPortfolio rating was found — honestly reported as absent, not invented.
Gate 1 — Business activity: PASS
Intel Corporation (NASDAQ: INTC), headquartered in Santa Clara, California, is a global leader in the design and manufacture of CPUs and other semiconductor products. Per its FY2025 Form 10-K it reports in three segments: Client Computing Group (PC/edge processors), Data Center and AI (server CPUs, AI accelerators, networking) and Intel Foundry (technology development, manufacturing, and contract chip-manufacturing for external customers). It held an 80% ownership interest in Mobileye (autonomous driving) at December 27, 2025 and divested 51% of Altera effective September 12, 2025. None of the core prohibited lines are present — no alcohol, gambling, pork, conventional banking/insurance, tobacco, cannabis or adult entertainment. Foundry customers may include aerospace and defense, and the U.S. government took equity/warrants under the August 2025 U.S. Government Agreement plus a $3.3B Secure Enclave award — but Intel is a chip supplier, not a weapons manufacturer. Gate 1 passes. Facts only.
Gate 2 — Debt and cash: PASS
Per Intel's Form 10-K for fiscal 2025 (year ended December 27, 2025), total debt was $46,585M — short-term debt $2,499M plus long-term debt $44,086M on the consolidated balance sheet. Against a market cap of about $632B ($120.23 × ~5.254B shares on October 1, 2026; the August 2026 equity offering added ~210M shares to the 10-K cover count of 4,995M), debt ÷ market cap is about 7.4%, below the ~33% ceiling. Cash and cash equivalents ($14,265M) plus short-term investments ($23,151M) total $37,416M, about 5.9% of market cap. Gate 2 passes. Facts only.
Gate 3 — Non-compliant income: PASS
Intel's FY2025 10-K reports interest income of $1,007M (within "interest and other, net") against net revenue of $52,853M — about 1.91% of revenue, below the 5% non-compliant income ceiling. Note: "interest and other, net" also contains a one-time $5,553M gain on the Altera divestiture — a capital gain, not interest income — which is excluded from this ratio. Gate 3 passes. Facts only.
Key figures used
- Business: CPUs and semiconductors; 3 segments — Client Computing Group, Data Center and AI, Intel Foundry (contract manufacturing); 80% of Mobileye; 51% of Altera divested Sep 12, 2025; Santa Clara, CA
- Total debt: $46,585M (short-term $2,499M + long-term $44,086M) at Dec 27, 2025 — debt ÷ market cap ≈ 7.4% of ~$632B ($120.23 × ~5.254B shares, Oct 1, 2026), under the ~33% ceiling
- Cash: $37,416M (cash & equivalents $14,265M + short-term investments $23,151M) ≈ 5.9% of market cap
- Interest income: $1,007M vs FY2025 revenue $52,853M — ≈1.91% of revenue, under the 5% non-compliant income ceiling; excludes one-time $5,553M Altera gain (capital gain, not interest income)
- U.S. government took equity/warrants (Aug 2025 agreement) + $3.3B Secure Enclave award; foundry may serve aerospace/defense — chip supplier, not weapons manufacturer
- Musaffa: HALAL (Oct 2026); Zoya: covers INTC, public page ambiguous (conflicting template variants); ShariaPortfolio: no rating found
Frequently asked questions
What does Intel do?
Intel Corporation (NASDAQ: INTC), headquartered in Santa Clara, California, is a global designer and manufacturer of CPUs and other semiconductor products. Per its FY2025 10-K it reports in three segments: Client Computing Group (PC and edge processors), Data Center and AI (server CPUs, AI accelerators and networking), and Intel Foundry (technology development, manufacturing, and contract chip-manufacturing services for external customers). It held an 80% ownership interest in Mobileye (autonomous-driving company) as of December 27, 2025 and divested 51% of Altera effective September 12, 2025.
Why does Intel pass this Shariah stock screen?
Intel passes all three gates of this screen. Its business is semiconductors — processors, AI accelerators and foundry services — with none of the core prohibited lines (no alcohol, gambling, pork, conventional banking/insurance, tobacco, cannabis, or adult entertainment). Its foundry may serve aerospace and defense customers, but Intel is a chip supplier, not a weapons manufacturer. Total debt of $46,585M is about 7.4% of its ~$632B market cap, below the ~33% ceiling. Interest income of $1,007M is about 1.91% of FY2025 revenue ($52,853M), below the 5% non-compliant income ceiling. Musaffa rates Intel HALAL; Zoya covers INTC under AAOIFI guidelines though its public page renders conflicting template text. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.
What is Intel's interest-bearing debt ratio?
Per Intel's Form 10-K for fiscal 2025 (fiscal year ended December 27, 2025), total debt was $46,585M — short-term debt $2,499M plus long-term debt $44,086M on the consolidated balance sheet. Against a market cap of about $632B ($120.23 × ~5.254B shares, October 1, 2026; the August 2026 equity offering added ~210M shares to the 10-K's 4,995M count), debt ÷ market cap is about 7.4% — below the ~33% ceiling. Cash and cash equivalents ($14,265M) plus short-term investments ($23,151M) total $37,416M, about 5.9% of market cap.
What is Intel's non-compliant income ratio?
Intel's FY2025 10-K reports interest income of $1,007M (within "interest and other, net") against net revenue of $52,853M — about 1.91% of revenue, below the 5% non-compliant income ceiling. Note: "interest and other, net" also contains a one-time $5,553M gain on the Altera divestiture — a capital gain, not interest income, and it is excluded from the interest-income ratio. Zoya independently reports the same interest-income figure ($1,007M = 1.91% of revenue).
Do Zoya, Musaffa, or ShariaPortfolio cover Intel?
Musaffa covers INTC and classifies it HALAL as of October 2026 (AAOIFI methodology). Zoya covers INTC under AAOIFI guidelines — its indexed summary states Shariah-compliant as of October 2026, but the live public page renders multiple conflicting boilerplate template variants, so the Zoya rating is reported as covered-but-ambiguous from the page text rather than a clean quote. No public ShariaPortfolio rating for INTC was found — reported as absent, not invented. This page applies the screen directly from Intel's own filings.
Sources
- Intel — FY2025 Form 10-K (fiscal year ended Dec 27, 2025, filed Jan 23, 2026): business segments; balance sheet (debt $46,585M; cash & short-term investments $37,416M); interest income $1,007M; revenue $52,853M (stocklight mirror)
- Intel — FY2025 Form 10-K (quartr mirror)
- Finnhub — INTC live quote data (price ~$120, market cap, October 1, 2026)
- tradingnews — Intel August 2026 equity offering (share count ~5.254B)
- Zoya — Intel (INTC) stock page (AAOIFI; public page renders conflicting template variants)
- Musaffa — Intel (INTC) stock page (HALAL, October 2026)
Screened 2026-10-01 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).