AAOIFI Shari'a screening · Reviewed September 16, 2026
Is MU halal in 2026?
Micron Technology (MU) is rated Halal on AAOIFI Shari'a screening as of October 2026, with a 92/100 compliance score. Direct verdict, the ratios vs thresholds, how to purify, and the scholarly basis.
Yes. Micron Technology (MU) is currently halal under AAOIFI Shari'a Standard No. 21: on a screen dated October 18, 2026, HalalScreener rates it Halal, 92 out of 100, grade A+. Its memory-chip business is permissible, interest-bearing debt is 0.5% of market cap against a 30% limit, and non-permissible income is well clear of the limit. Purify the small non-permissible-income share of dividends and realized gains shown on the live MU page.
Live screen
| Verdict | Halal |
| Score | 92/100 |
| Grade | A+ |
| Interest-bearing debt / market cap | 0.5% (< 30%) |
| Interest-bearing deposits | well clear of the limit |
| Prohibited income | well clear of the limit |
| Screened | October 18, 2026 |
Micron develops and manufactures semiconductor memory and storage: DRAM, NAND flash, and NOR memory sold under the Micron and Crucial brands into cloud data centers, PCs, phones, cars, and industrial systems. Memory chips are a straightforwardly permissible product under AAOIFI Shari'a Standard No. 21, with no alcohol, gambling, conventional finance, or other prohibited revenue anywhere in the business.
On the quantitative screens Micron passes with wide margins. Interest-bearing debt is 0.5% of market capitalization against the 30% AAOIFI ceiling, interest-bearing deposits and securities are well clear of the limit, and non-permissible income (interest earned on cash) is well clear of the limit (the 5% threshold). That combination earns a compliance score of 92 out of 100, near the top of the range for large-cap semiconductors.
Micron pays a small dividend, so purification applies to both dividends and realized capital gains. The amount tracks Micron's non-permissible-income ratio, which moves with each quarterly filing: purify the share shown on the live MU page from what you receive. HalalScreener's purification calculator computes the exact amount for your position.
Methodology
Verdict applies the methodology of AAOIFI Shari'a Standard No. 21: Financial Papers (Shares and Bonds): qualitative screening for prohibited business activities, plus three quantitative caps. Interest-bearing debt < 30% of market cap, interest-bearing securities < 30%, and non-permissible income < 5% of revenue.
Sources and scholars
- AAOIFI Shari'a Standard No. 21: Financial Papers (Shares and Bonds)
- Wahed Invest Shari'a Supervisory Board
- Amana Mutual Funds (Saturna) Shari'a Supervisory Board
Frequently asked
Is MU halal in 2026?
Yes. Micron's memory and storage business is permissible, interest-bearing debt is 0.5% of market cap (far under 30%), and non-permissible income is well clear of the limit (a 5% limit). On a October 18, 2026 screen HalalScreener rates it Halal, 92 out of 100, grade A+. A small purification of the non-permissible-income share is recommended.
How much should I purify from Micron dividends and gains?
Purify the share of the dividends and realized capital gains you receive that matches Micron's non-permissible-income ratio. That ratio moves with each quarterly filing, so take the current figure from the live MU page or HalalScreener's purification calculator, which gives an exact amount for your position size.
Is Micron affected by the AI boom in a way that changes its ruling?
No. AI demand raises sales of high-bandwidth memory, but the product remains permissible hardware. Ratios can move with the share price and quarterly reports, which is why HalalScreener re-screens MU continuously and dates every verdict.
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