What is Silicon Motion Technology Corporation's Shariah compliance score?

Silicon Motion Technology Corporation (SIMO) has a Shariah compliance score of 93/100 (Grade: A+, Excellent). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Silicon Motion Technology Corporation pass AAOIFI screening?

Silicon Motion Technology Corporation (SIMO) passes AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. SIMO's debt-to-market-cap is 0.8%.

How much purification is needed for Silicon Motion Technology Corporation?

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 percentage and amount for Silicon Motion Technology Corporation (SIMO) using the latest financial data.

Where can I screen Silicon Motion Technology Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Silicon Motion Technology Corporation (SIMO) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

SIMOHalalA+

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Compliance Status

Halal

Screened on Oct 17, 2026 · AAOIFI Standard 21

A+

Excellent

93Score

Is Silicon Motion Technology Corporation (SIMO) halal? Halal. Based on AAOIFI screening, Silicon Motion Technology Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 93/100 (Grade: A+).

Quote this verdict

HalalScreener rates Silicon Motion Technology Corporation (SIMO) Halal, 93/100, grade A+ under AAOIFI Standard 21, screened Oct 17, 2026. Source: https://halalscreener.app/en/stock/SIMO

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%.

0.8% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

You can own SIMO

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

Purification amount is Pro

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

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SIMO: Is Silicon Motion Technology Corporation Halal?

Silicon Motion Technology Corporation

NASDAQTechnologyHK

$211.30

Market Cap: 7.1B

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About Silicon Motion Technology Corporation

Silicon Motion Technology Corporation (SIMO) is a prominent company specializing in the design, development, and distribution of NAND flash controllers, which are essential components for a wide array of solid-state storage devices. Their product range supports diverse applications, including controllers for computing-grade Solid-State Drives (SSDs) found in personal computers and other client devices. They also provide solutions for enterprise-grade SSDs crucial for data centers, as well as embedded storage such as eMMC and UFS used in smartphones and IoT (Internet of Things) devices. Furthermore, their technology extends to flash memory cards and flash drives for expandable storage, and specialized SSDs designed for industrial, commercial, and automotive applications. The company brands its controller offerings under SMI. Its enterprise-level SSDs are available under the Shannon Systems name, while its integrated industrial-grade SSDs are marketed as Ferri SSD, Ferri-eMMC, and Ferri-UFS. Silicon Motion's sales strategy involves both direct sales teams and a network of independent electronics distributors, serving a customer base that includes major NAND flash manufacturers, module makers, hyperscale cloud providers, and Original Equipment Manufacturers (OEMs). Founded in 1995 and headquartered in Hong Kong, the company boasts a global operational presence, including locations in Taiwan, the United States, South Korea, China, Malaysia, Singapore, and other international markets.

Sector: Technology · Industry: Semiconductors

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 17, 2026

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Screened according to AAOIFI Standard 21

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: FMP

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Frequently Asked Questions

Is Silicon Motion Technology Corporation (SIMO) halal to invest in?

Based on AAOIFI Standard 21 screening, Silicon Motion Technology Corporation (SIMO) 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 Silicon Motion Technology Corporation get a A+ compliance rating?

Silicon Motion Technology Corporation (SIMO) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Silicon Motion Technology Corporation's Shariah verdict?

Silicon Motion Technology Corporation'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 Silicon Motion Technology Corporation re-screened for Shariah compliance?

Silicon Motion Technology Corporation (SIMO) 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: Oct 17, 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.