Symbotic Inc. (SYM) - Halal (Shariah-Compliant)
Symbotic Inc. (SYM) is classified as Halal (Shariah-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
- Industrials
- Industry
- Specialty Industrial Machinery
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Specialty Industrial Machinery" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 7.4% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About Symbotic Inc.
Symbotic Inc., an automation technology company, develops technologies to enhance operating efficiencies in modern warehouses. The company automates the processing of pallets, cases, and individual items in warehouses. Its systems enhance operations at the front end of the supply chain. The company is headquartered in Wilmington, Massachusetts.
Frequently Asked Questions
Is Symbotic Inc. (SYM) stock halal to invest in?
According to AAOIFI Shariah screening standards, Symbotic Inc. (SYM) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Symbotic Inc. have any interest income?
Symbotic Inc.'s interest income ratio is 7.4% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if SYM stock is Shariah-compliant?
SYM is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

