What is Credo Technology Group Holding Ltd's Shariah compliance score?

Credo Technology Group Holding Ltd's (CRDO) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Credo Technology Group Holding Ltd pass AAOIFI screening?

Credo Technology Group Holding Ltd (CRDO) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (CRDO: 0.1%), (3) interest-bearing deposits below 30% (CRDO: 0.9%), and (4) prohibited income below 5% (CRDO: 7.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Credo Technology Group Holding Ltd stock?

Credo Technology Group Holding Ltd (CRDO) has a non-permissible income ratio of 7.93%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CRDO shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Credo Technology Group Holding Ltd for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Credo Technology Group Holding Ltd (CRDO) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CRDO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CRDO: Is Credo Technology Group Holding Ltd Halal?

Credo Technology Group Holding Ltd

NASDAQTechnologyUS

$271.83

+9.02%

Market Cap: 50.7B

Compliance Status

Not Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Credo Technology Group Holding Ltd (CRDO) halal? Not Halal. Based on AAOIFI screening, Credo Technology Group Holding Ltd passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.1% of 30.0% limit

What this means for you

Most scholars advise not holding CRDO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.

Sector: Technology · Industry: Communication Equipment

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 2026

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2026Data source: EDGAR

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Ubiquiti Inc.

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IRIS Corporation Bhd

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IFCA MSC Bhd

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Frequently Asked Questions

Is Credo Technology Group Holding Ltd (CRDO) halal to invest in?

Credo Technology Group Holding Ltd (CRDO) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Credo Technology Group Holding Ltd get a F compliance rating?

Credo Technology Group Holding Ltd (CRDO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.1% (limit 30%); interest-bearing deposits of 0.9% (limit 30%); prohibited income of 7.93% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Credo Technology Group Holding Ltd's Shariah verdict?

Credo Technology Group Holding Ltd's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Credo Technology Group Holding Ltd re-screened for Shariah compliance?

Credo Technology Group Holding Ltd (CRDO) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 13, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.