Is SNDK (Sandisk Corporation) Halal or Haram?

Based on our AAOIFI-standard shariah screening, SNDK 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 (1.38% vs ≤33% threshold), interest income ratio (0.30% vs ≤5% threshold), and cash & securities ratio (1.00% vs ≤33% threshold).

SanDisk Corporation is a prominent technology hardware company specializing in the development and manufacturing of NAND flash storage solutions. Its core product lineup includes solid-state drives (SSDs), embedded storage products, USB flash drives, and removable memory cards used in everything from consumer electronics to enterprise data centers. For Muslim investors utilizing HalalStocks.co.uk, SanDisk represents a fully shariah-compliant investment opportunity, successfully passing all four AAOIFI screening criteria. Because its core business involves manufacturing physical technology components rather than financial services or prohibited entertainment, the stock firmly passes the primary business activity screen. From a financial perspective, SanDisk is exceptionally strong for halal portfolios, boasting a debt-to-market capitalization ratio of just 1.4%, which is drastically below the 33% limit. Furthermore, its interest income accounts for a mere 0.30% of total revenue, meaning investors do not need to worry about heavy dividend purification burdens. Since there are no major scholarly debates surrounding data storage hardware, SanDisk is widely accepted as a clean tech play. Moving forward, Islamic investors should simply monitor the company's cash management practices to ensure its cash and securities ratio remains safely below the 33% threshold. Sandisk Corporation operates in the Technology sector under the Hardware, Equipment & Parts industry and is headquartered in Milpitas, CA, US. The company is led by CEO David V. Goeckeler and employs approximately 12,000 people.

SNDK 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. SNDK passed 4 of these 4 screens.

Although SNDK passes all shariah screens, it does earn $22.0M in interest income (0.30% 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 $0.30 to purify the income.

SNDK 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.