
Is DELL (Dell Technologies Inc.) Halal or Haram?
Dell Technologies passes all financial screening ratios under AAOIFI standards, making it a viable option for Shariah-conscious portfolios. Its debt- to-market cap ratio sits at 29.4%, which is safely below the 33% threshold, while interest-bearing income is negligible at just 0.17% of total revenue. The company maintains a lean cash position relative to its market capitalization, ensuring it clears the liquidity screen with ease.
Price Chart (5D)
DELL — Last 7 Days
| Date | Open | High | Low | Close | Volume | Change |
|---|---|---|---|---|---|---|
| 2026-05-07 | 235.26 | 237.75 | 228.00 | 230.27 | 4.8M | -2.12% |
| 2026-05-06 | 220.80 | 239.45 | 219.60 | 238.80 | 9.2M | +8.15% |
| 2026-05-05 | 215.02 | 217.40 | 210.94 | 216.32 | 4.4M | +0.60% |
| 2026-05-04 | 210.85 | 214.98 | 205.70 | 211.64 | 3.8M | +0.37% |
| 2026-05-01 | 208.53 | 212.77 | 206.44 | 210.17 | 3.0M | +0.79% |
| 2026-04-30 | 208.50 | 209.15 | 200.84 | 208.95 | 5.6M | +0.22% |
| 2026-04-29 | 206.06 | 207.93 | 203.25 | 205.66 | 3.6M | -0.19% |
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Shariah Screening Details for DELL
Business Activity
Permissible
Dell's core revenue from manufacturing laptops, servers, and storage solutions is fully permissible, as selling computer hardware and IT infrastructure is a Halal business activity.
Debt / Market Cap
29.43%
Interest Income
0.17%
Cash & Securities
4.35%
About Dell Technologies Inc. (DELL)
Dell Technologies is a global titan in the computer hardware space, primarily known for its Client Solutions Group (CSG) which produces the popular XPS, Insp iron, and Latitude laptops. Beyond personal computing, their Infrastructure Solutions Group (ISG) is a critical player in enterprise IT, providing the servers, storage arrays, and networking architecture that power data centers worldwide. This dual focus allows Dell to serve individual consumers while remaining deeply embedded in the corporate technology supply chain.
For Muslim investors, Dell Technologies is currently classified as Halal, having passed all four AAOIFI screening criteria. The company's business activities are inherently permissible, focusing on technology manufacturing rather than prohibited industries like alcohol or gambling. Practically, this means you can include DELL in your portfolio without the need for purification, as its non-compliant income sources are minimal.
From a financial perspective, Dell operates with a debt-to-market cap ratio of 29.4%, which is close to the 33% limit but still compliant. This relatively high leverage is common in hardware manufacturing due to capital-intensive operations, so investors should keep an eye on this metric if the stock price drops significantly, as that would push the ratio higher. Their interest income is extremely low at 0.17%, indicating the company reinvests cash rather than hoarding it in interest-bearing accounts.
Investors should monitor Dell's debt levels in future earnings reports, as this is the metric closest to the threshold. While currently safe , a significant increase in borrowing or a dip in market valuation could risk its compliance status. However, as it stands, Dell represents a solid, compliant entry point into the legacy tech hardware sector.
CEO
Michael Saul Dell
Employees
108,000
IPO Date
2016-08-17
Headquarters
Round Rock, TX, US
Website
www.delltechnologies.comDELL Key Financial Statistics
Revenue
$95.57B
Net Income
$4.59B
EPS (Diluted)
$6.38
Stock Price
124.55
Beta
1.10
52-Week Range
66.25-168.08
Total Debt
$24.57B
Total Equity
$-1.48B
Current Ratio
0.78
DELL Financial Health & Profitability
Profit Margins
Revenue Growth (YoY)
+8.1%
Prior year: $88.42B
Net Debt
$20.93B
Cash: $3.63B — Debt: $24.57B
R&D Spending
$3.06B
% of Revenue
3.2%
Frequently Asked Questions About DELL
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Disclaimer
This shariah compliance assessment for DELL (Dell Technologies Inc.) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-02-25.