NASDAQ Shariah screener · October 2026

Is QUALCOMM Incorporated (QCOM) Halal?

PASS

QUALCOMM Incorporated · NASDAQ: QCOM · Technology

The short answer

Yes — Qualcomm (QCOM) passes this Shariah stock screen on all three gates. Its revenue comes from semiconductors (QCT: Snapdragon processors, modem-RF, automotive and IoT chips, ~87% of FY2025 revenue) and wireless patent licensing royalties (QTL, ~13%) — with no alcohol, gambling, tobacco, pork, adult entertainment, weapons manufacturing, or conventional-finance segments. Its one government-facing unit (QGOV) is nonreportable and under 0.5% of revenue. The financial ratios pass: debt of $15,270M is about 7.93% of its ~$192.5B market cap ($182.09, October 1, 2026), below the ~33% ceiling, and interest/investment income is 1.44–2.19% of FY2025 revenue ($44,284M), below the 5% ceiling. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

Gate 1 — Business activity: PASS

QUALCOMM Incorporated, headquartered in San Diego, California, conducts business primarily through QCT (Qualcomm CDMA Technologies), its semiconductor business — developing and supplying integrated circuit platforms and system software with advanced connectivity and high-performance, low-power computing for mobile devices (Snapdragon), automotive (digital cockpit, ADAS/AD) and IoT/edge products — and QTL (Qualcomm Technology Licensing), which licenses its wireless patent portfolio (CDMA, 3G, 4G LTE, 5G). QCT is about 87% of FY2025 revenue ($38.4B of $44.3B), QTL about 13% ($5.6B). A third reportable segment, QSI, makes strategic investments; QGOV (Qualcomm Government Technologies) and the Data Center business are nonreportable — nonreportable segments totalled $192M of $44,284M revenue (<0.5%), far below any 5% tolerance. Business-screen implication (factual): no alcohol, gambling, tobacco, pork, adult entertainment, weapons manufacturing, or conventional-finance segments. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per Qualcomm's Q3 FY2026 Form 10-Q (quarter ended June 28, 2026), total debt was $15,270M — including $2.0B classified as current (maturing May 2027) and $498M of outstanding commercial paper. Against a market cap of about $192.5B (1,057M shares outstanding per the 10-Q × $182.09, October 1, 2026, Finnhub live), debt ÷ market cap is about 7.93% — below the ~33% ceiling. Cash, cash equivalents and marketable securities of $8,304M ($4,533M cash + $3,771M marketable securities) is about 4.31% of market cap. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

Qualcomm's FY2025 Form 10-K (fiscal year ended September 28, 2025; filed November 5, 2025) reports interest and dividend income of $639M and investment and other income, net of $972M, against FY2025 revenue of $44,284M — about 1.44% (interest only) or 2.19% (total investment income) of revenue, both below the 5% non-compliant income ceiling. Gate 3 passes. Facts only.

Key figures used

Business: QUALCOMM Incorporated (San Diego) — QCT semiconductor (~87% of FY2025 revenue: Snapdragon SoCs, modem-RF, auto digital cockpit/ADAS, IoT/edge) + QTL patent licensing royalties (~13%); QSI strategic investments; QGOV + Data Center nonreportable
QGOV (Qualcomm Government Technologies): nonreportable, inside $192M of $44,284M FY2025 revenue (<0.5%) — far below any 5% tolerance; no weapons manufacturing or conventional-finance segments
Debt: $15,270M (Q3 FY2026 10-Q, quarter ended Jun 28, 2026; incl. $2.0B current maturing May 2027 + $498M commercial paper) — debt ÷ market cap ≈ 7.93% of ~$192.5B (1,057M shares × $182.09, Oct 1, 2026), under the ~33% ceiling
Cash: $8,304M (cash & equivalents $4,533M + marketable securities $3,771M, Q3 FY2026 10-Q) ≈ 4.31% of market cap
Interest/investment income: $639M interest & dividend income / $972M total investment & other income vs FY2025 revenue $44,284M — ≈1.44% / 2.19% of revenue, under the 5% ceiling
FY2025 10-K filed Nov 5, 2025 (fiscal year ended Sep 28, 2025): revenue $44,284M; ST debt $0; LT debt $14,811M; cash $5,520M; marketable securities $4,635M
Zoya: QCOM page exists, template text contradictory — rating inconclusive (cites the same $639M / $44,284M figures); Musaffa: no QCOM page found; ShariaPortfolio: no entry found

Frequently asked questions

What does Qualcomm do?

QUALCOMM Incorporated, headquartered in San Diego, California, is a wireless technology company organised around two reportable businesses. QCT (Qualcomm CDMA Technologies), the semiconductor business (~87% of FY2025 revenue), develops and supplies integrated circuit platforms and system software — Snapdragon mobile processors, modem-RF systems, automotive digital cockpit and ADAS chips, and IoT/edge products. QTL (Qualcomm Technology Licensing) (~13% of revenue) grants licences to Qualcomm's patent portfolio covering cellular standards (CDMA, 3G, 4G LTE, 5G), earning royalties on wireless products. A third reportable segment, QSI (Qualcomm Strategic Initiatives), makes strategic investments; Qualcomm Government Technologies (QGOV) and the Data Center business are nonreportable segments totalling under 0.5% of revenue.

Why does Qualcomm pass this Shariah stock screen?

Qualcomm passes all three gates of this factual screen. Gate 1 (business): its revenue comes from semiconductors (QCT) and patent licensing royalties (QTL) — no alcohol, gambling, tobacco, pork, adult entertainment, weapons manufacturing, or conventional-finance segments. The one government-facing unit, QGOV, is nonreportable and sits inside a segment bucket of $192M (under 0.5% of FY2025 revenue) — far below any 5% tolerance. Gate 2 (debt): $15,270M of debt is about 7.93% of its ~$192.5B market cap, below the ~33% ceiling. Gate 3 (income): interest and dividend income of $639M is about 1.44% of FY2025 revenue ($44,284M), and total investment and other income of $972M is about 2.19% — both below the 5% ceiling. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

What is Qualcomm's interest-bearing debt ratio?

Per Qualcomm's Q3 FY2026 Form 10-Q (quarter ended June 28, 2026), total debt was $15,270M — including $2.0B classified as current (maturing May 2027) and $498M of outstanding commercial paper. Against a market cap of about $192.5B (1,057M shares outstanding per the 10-Q × $182.09, October 1, 2026, Finnhub live), debt ÷ market cap is about 7.93% — below the ~33% ceiling. Cash, cash equivalents and marketable securities of $8,304M ($4,533M cash + $3,771M marketable securities) is about 4.31% of market cap. Gate 2 passes. Facts only.

What is Qualcomm's non-compliant income ratio?

Per Qualcomm's FY2025 Form 10-K (fiscal year ended September 28, 2025; filed November 5, 2025), interest and dividend income was $639M against FY2025 revenue of $44,284M — about 1.44% of revenue. The broadest investment-income line, investment and other income, net, was $972M — about 2.19% of revenue. Both are below the 5% non-compliant income ceiling. Gate 3 passes. Facts only.

Do Zoya, Musaffa, or ShariaPortfolio cover Qualcomm?

Zoya covers Qualcomm: its public QCOM page exists but the visible template text is contradictory (simultaneously calling QCOM 'considered halal' and 'not considered halal'), so no clean Zoya rating is retrievable without the app — honestly reported as inconclusive. Zoya's page does cite FY2025 revenue of $44,284M and interest income of $639M (1.44%), matching the 10-K figures used on this page. Musaffa: no QCOM stock page surfaced in search (only the unrelated QMCO/Quantum Corp page) — no coverage found. ShariaPortfolio: no screening entry found. All honestly reported as absent/inconclusive, not invented. This page applies the screen directly from Qualcomm's own filings.

Sources

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).