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

Credo Technology Group Holding Ltd (CRDO) has a Shariah compliance score of 98/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Credo Technology Group Holding Ltd pass AAOIFI screening?

Credo Technology Group Holding Ltd (CRDO) passes 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%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

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

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Credo Technology Group Holding Ltd (CRDO) 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 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. 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

NASDAQTechnologyKY

$218.35

+5.49%

Market Cap: 40.7B

Compliance Status

Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

A+

Excellent

98Score

Is Credo Technology Group Holding Ltd (CRDO) halal? Halal. Based on AAOIFI screening, Credo Technology Group Holding Ltd passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 98/100 (Grade: A+).

Quote this verdict

HalalScreener rates Credo Technology Group Holding Ltd (CRDO) Halal, 98/100, grade A+ under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/CRDO

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

You can own CRDO

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened CRDO's prohibited income, but the exact share you would need to purify is part of Pro.

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: Semiconductors

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 2026

Compliance History

Halalnow
since Aug 2026
Not Halal
until the change above
Halal
until the change above

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

Fiscal: Q1 2027Data source: EDGAR

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Frequently Asked Questions

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

Based on AAOIFI Standard 21 screening, Credo Technology Group Holding Ltd (CRDO) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

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

Credo Technology Group Holding Ltd (CRDO) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.1% (limit 30%). 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: Sep 3, 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.