Is ANET (Arista Networks, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, ANET is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (0.00% vs ≤33% threshold), interest income ratio (4.26% vs ≤5% threshold), and cash & securities ratio (5.16% vs ≤33% threshold).

Arista Networks, Inc. is a leading provider of cloud networking solutions, specializing in gigabit Ethernet switching and routing platforms. The company develops extensible operating systems and network applications that power large-scale data centers for internet companies and major service providers worldwide. For Muslim investors, Arista Networks is currently classified as a Halal investment, successfully passing all four AAOIFI screening criteria. Because its core business of computer hardware and networking technology involves no impermissible activities, investors can confidently include this stock in their halal portfolios. From an Islamic finance perspective, Arista's balance sheet is incredibly strong, highlighted by a flawless 0.0% debt-to-market capitalization ratio. However, investors should note that its interest-bearing income currently accounts for 4.26% of total revenue, which requires standard dividend purification. While there is no significant scholarly debate regarding its core hardware and software business, halal investors must monitor Arista's quarterly earnings closely. If rising yields on its cash reserves push its interest income above the 5% AAOIFI threshold, the stock could potentially lose its shariah-compliant status. Arista Networks, Inc. operates in the Technology sector under the Computer Hardware industry and is headquartered in Santa Clara, CA, US. The company is led by CEO Jayshree V. Ullal and employs approximately 4,412 people.

ANET was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. ANET passed 4 of these 4 screens.

Although ANET passes all shariah screens, it does earn $383.4M in interest income (4.26% of revenue). Many scholars recommend purifying this portion by donating the equivalent percentage of any dividends received to charity. For example, if you receive $100 in dividends, you would donate approximately $4.26 to purify the income.

ANET was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.