KIOXIA HOLDINGS CORPORATION (285A.T) - Not Halal (Non-Compliant)
KIOXIA HOLDINGS CORPORATION (285A.T) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Technology
- Industry
- Semiconductors
- Result
- Pass
- Reason
- The sector "Technology" and industry "Semiconductors" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 37.0% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 20.4% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.41%.Based on the company's financial statements, approximately 0.41% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.41% of total income). Some scholars may differ on the exact calculation method.
About KIOXIA HOLDINGS CORPORATION
Kioxia Holdings Corporation engages in research, development, manufacturing, sales, and other services of memory and related products for solid state drives (SSDs) and storage and smart devices in Japan, North America, Europe, and Asia. The company offers flash memory, SSDs, SD memory cards, and other retail products. It is also involved in the product and software development of SSD products; marketing of memory and SSD products; production management of subcontracted production in the post-process of memory; production and distribution of memory and photomask for semiconductor products; energy management business; and entrusted engineering work of CIM developments, as well as provides cleaning and health keeping for development center, and customer support services. The company was formerly known as Toshiba Memory Holdings Corporation and changed its name to Kioxia Holdings Corporation in October 2019. Kioxia Holdings Corporation was incorporated in 2019 and is headquartered in Minato, Japan.
Frequently Asked Questions
Is KIOXIA HOLDINGS CORPORATION (285A.T) stock halal to invest in?
According to AAOIFI Shariah screening standards, KIOXIA HOLDINGS CORPORATION (285A.T) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

