Back to home
DELL logo

Is DELL (Dell Technologies Inc.) Halal or Haram?

New York Stock ExchangeTechnologyComputer Hardware$83.47B2026-02-25
DELL is Halal4/4 screens passed

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)

$230.28+24.51 (+11.91%)
2026-05-072026-04-30

DELL — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-05-07235.26237.75228.00230.274.8M-2.12%
2026-05-06220.80239.45219.60238.809.2M+8.15%
2026-05-05215.02217.40210.94216.324.4M+0.60%
2026-05-04210.85214.98205.70211.643.8M+0.37%
2026-05-01208.53212.77206.44210.173.0M+0.79%
2026-04-30208.50209.15200.84208.955.6M+0.22%
2026-04-29206.06207.93203.25205.663.6M-0.19%

Discussion

Sign in to join the discussion

Loading comments...

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%

Debt: $24.57BThreshold: ≤33%

Interest Income

0.17%

Interest: $160.0MThreshold: ≤5%

Cash & Securities

4.35%

Cash: $3.63BThreshold: ≤33%

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

DELL 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

Gross Margin22.2%
Operating Margin6.5%
Net Margin4.8%

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

Is DELL (Dell Technologies Inc.) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, DELL 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 (29.43% vs ≤33% threshold), interest income ratio (0.17% vs ≤5% threshold), and cash & securities ratio (4.35% vs ≤33% threshold).
What does Dell Technologies Inc. do?
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. Dell Technologies Inc. operates in the Technology sector under the Computer Hardware industry and is headquartered in Round Rock, TX, US. The company is led by CEO Michael Saul Dell and employs approximately 108,000 people.
What screening criteria were used for DELL?
DELL 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. DELL passed 4 of these 4 screens.
Does DELL require income purification?
Although DELL passes all shariah screens, it does earn $160.0M in interest income (0.17% 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 $0.17 to purify the income.
When was DELL last screened?
DELL was last screened on 2026-02-25. 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.

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.

Other Halal Stocks in Technology