The short answer
Intel is currently a qualified pass on the examined financial screens, not an unconditional scholar ruling. Its March 28, 2026 Form 10-Q reports debt, liquidity and receivables ratios below the examined asset-based limits. Semiconductor and foundry work is generally permissible, but Intel does not publish a complete downstream end-use revenue split.
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-28; calculated 2026-07-14.
45,031 / 205,332
45,740 / 205,332
21,313 / 205,332
333 / 13,577
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 21.93%, liquidity/assets is 22.28%, receivables-plus-cash/assets is 10.38%, and disclosed interest income is 2.45%; financial ratios pass, while end-use revenue remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
The examined debt, liquidity and receivables-plus-cash ratios are below MSCI total-assets limits; business activity is qualified because end-use revenue is not separately disclosed.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets and identifiable liquidity/assets are below the examined Malaysia SAC limits. This is a calculation against SAC ratios, not an official SAC classification.
- Financial
- Not calculated
- Overall
- Not calculated
A licensed historical market-cap series is not stored, so market-cap denominator methods are not estimated from a spot price.
Business-activity disclosure
Intel designs and manufactures processors, networking products, foundry services and related software. Semiconductor and computing infrastructure are generally permissible activities.
Limitation: Intel does not classify revenue by defense, surveillance, gaming, cryptocurrency or other potentially sensitive downstream uses, so a prohibited-revenue numerator cannot be reproduced.
Purification
Disclosed interest income is 2.45% of quarterly revenue, but a complete investment-income and operating-income decomposition is not provided. ZakatInvest does not prescribe a fixed purification percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions from Intel's March 28, 2026 Form 10-Q.
- Debt is current debt plus long-term debt; identifiable interest-bearing securities are available-for-sale debt securities.
- Accounts receivable is the reported net current balance. Intel does not separately disclose prohibited-business revenue or end-use revenue.
- Interest income is 333 million for the reported quarter and is disclosed as a separate investment-income line.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
This is a reproducible ZakatInvest calculation from Intel's first-quarter 2026 filing. Amounts are USD millions. It is not a fatwa, index-membership claim or personalized investment advice.
Current quantitative screen (March 28, 2026)
- Interest-bearing debt / assets: 21.93% — $45,031 million / $205,332 million
- Cash + identifiable debt securities / assets: 22.28% — $17,247 million of cash plus $28,493 million of available-for-sale debt securities
- Receivables + cash / assets: 10.38% — $4,066 million of receivables plus cash
- Quarterly revenue: $13,577 million; disclosed investment income was $333 million (2.45% of revenue)
- Market-cap denominator methods: Not calculated because a licensed historical market-cap series is not stored
These figures pass the examined FTSE Yasaar, MSCI total-assets and Malaysia SAC financial ratios. The overall result remains qualified because the public filing cannot establish a complete prohibited-business revenue numerator.
What Intel does
Intel designs and manufactures CPUs, networking products, foundry services and related software for client devices, data centers and other infrastructure. These are general-purpose technology activities rather than interest-based financial services.
- Client computing: processors and platforms for PCs and other devices.
- Data center and AI: server CPUs, accelerators and networking products.
- Foundry: contract manufacturing and process technology for external customers.
Qualitative questions
General-purpose chips and end use
Intel products can support education, medicine and commerce as well as gaming, surveillance, weapons or other harmful applications. The filing does not allocate revenue by those uses, so a neutral-product conclusion should not be overstated.
Foundry customers and export controls
Foundry customer concentration, government contracts and export controls can change the qualitative assessment. Those issues are material review inputs but are not converted into an invented percentage.
Interest income and purification
Intel discloses $333 million of investment income for the quarter. That is 2.45% of revenue, but the filing does not isolate every potentially non-compliant income stream. ZakatInvest therefore does not prescribe a fixed purification percentage.
Bottom line
Intel is financially passing but methodology-dependent under the current ZakatInvest screen. A Muslim investor should consider the selected methodology, end-use look-through standard, investment-income treatment and qualified scholarly guidance before investing.
Compare a ticker with its current quantitative and qualitative screen.
Open Halal Checker →