Is Western Digital Corporation (WDC) Stock Halal or Haram?
Western Digital Corporation (WDC) - Halal (Shariah-Compliant)
Western Digital Corporation (WDC) 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
Technology
Industry
Computer Hardware
Result
Pass
Reason
The sector "Technology" and industry "Computer Hardware" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 0.4% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 0.7% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.28%.Based on the company's financial statements, approximately 0.28% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.28% of total income). Some scholars may differ on the exact calculation method.
About Western Digital Corporation
Western Digital Corporation engages in the development, manufacture, and sale of data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer sales personnel, dealers, distributors, retailers, and subsidiaries. The company has a collaboration with Open Quantum Design for the development of quantum error correction technology and related systems to advance reliable quantum computing. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.
Frequently Asked Questions
Is Western Digital Corporation (WDC) stock halal to invest in?
According to AAOIFI Shariah screening standards, Western Digital Corporation (WDC) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Based on the company's financial statements, approximately 0.28% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.28% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Western Digital Corporation
Western Digital Corporation engages in the development, manufacture, and sale of data storage devices and solutions based on hard disk drive (HDD) technology in the United States, Asia, Europe, the Middle East, and Africa. The company offers internal HDDs, data center drives, data center platforms, external drives, portable drives, NAS for home and office, and accessories. It sells its data storage devices and solutions through its computer sales personnel, dealers, distributors, retailers, and subsidiaries. The company has a collaboration with Open Quantum Design for the development of quantum error correction technology and related systems to advance reliable quantum computing. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.
United StatesNASDAQTechnology
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on May 4, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Western Digital Corporation (WDC) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Western Digital Corporation's interest income ratio is 0.7% of total revenue. AAOIFI standards require this to be below 30%.
WDC 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.
Western Digital Corporation's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save WDC to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Western Digital Corporation require purification. Approximately 0.28% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
Does Western Digital Corporation have any interest income?
Western Digital Corporation's interest income ratio is 0.7% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if WDC stock is Shariah-compliant?
WDC 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.
How often is Western Digital Corporation stock reviewed for Shariah compliance?
Western Digital Corporation's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Western Digital Corporation's compliance status?
You can save WDC to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Western Digital Corporation stock considered halal?
Dividends from Western Digital Corporation require purification. Approximately 0.28% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Western Digital Corporation shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
