Is Seagate Technology Holdings plc (STX) stock halal?

Seagate Technology Holdings plc is considered halal under 4 of 5 standards — the scholars disagree. HalalGauge screens STX under AAOIFI, Mufti Taqi Usmani, S&P DJIM, Ja'fari and the strict view, citing every threshold to its primary source.

Is STX halal under Mufti Taqi Usmani?

Under Mufti Taqi Usmani's methodology, STX is halal. All ratio checks pass.

STX · Technology

Seagate Technology Holdings plc

Is Seagate Technology Holdings plc (STX) halal?

Seagate Technology Holdings plc is considered halal under 4 of 5 standards — the scholars disagree. Below is the verdict under each of the five mainstream scholarly standards, with the deciding numbers and the source behind every threshold.

STX verdict by standard · 4 halal · 0 borderline · 1 not halal

AAOIFI Standard
All ratio checks pass.
Halal
Mufti Taqi Usmani (stricter Hanafi)
All ratio checks pass.
Halal
Dow Jones Islamic Market
All ratio checks pass.
Halal
Ja'fari (Sistani-aligned)
All ratio checks pass.
Halal
Strict / zero-tolerance
Impermissible income / revenue 0.3% (limit 0%); Interest-bearing debt / market cap 2.4% (limit 0%); Cash + interest-bearing securities / market cap 0.4% (limit 0%)
Not halal

The numbers behind the verdict

Interest-bearing debt / market cap: 2.4%
Cash + securities / market cap: 0.4%
Receivables / market cap: 0.5%
Impermissible income / revenue: 0.3%
Illiquid (tangible) assets / total: 39.0%

Thresholds and methodology differ by scholar — e.g. AAOIFI caps interest-bearing debt at 30% of market cap, DJIM at 33%, and Mufti Taqi additionally requires tangible assets to be at least 20% of total assets. That's why two screeners can disagree on the same stock.

Screen STX interactively See the full balance sheet How the methodologies work

STX appears in these halal indexes

It passes the AAOIFI screen and is large enough to be a current constituent.

GrowthHalalGauge Halal Tech IncomeHalalGauge Halal Income

Sources

AAOIFI: AAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds)
Mufti Taqi: Mufti Taqi Usmani — published equity-screening rulings (illiquid-asset rule)
DJIM: S&P Dow Jones Islamic Market Indices — Index Methodology (Shariah Screening)
Ja'fari: Ayatollah Sistani — Code of Practice (sistani.org)
Strict: Minority scholars holding zero-tolerance on riba exposure
Financials: Q2 2026 filing

Other Technology tickers

Is NVDA halal?Is AAPL halal?Is MSFT halal?Is TSM halal?Is AVGO halal?Is MU halal?

HalalGauge surfaces published scholarly methodologies with full sourcing; it does not issue fatwa or certify any security as halal. Verify with a qualified scholar before investing.