Is Cadence Design Systems (CDNS) Halal?

NYSE Technology United States $75.0B
✓ HALAL
Confidence: 95/100
Cadence Design Systems (CDNS) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 3.2% against the AAOIFI threshold of 30%, Cadence Design Systems comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Application), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.2%
/ 30%
3.9%
/ 30%
1.2%
/ 30%
1.92%
/ 5%
✓ HALAL
DJIM 3.2%
/ 33%
3.9%
/ 33%
1.2%
/ 33%
1.92%
/ 5%
✓ HALAL
MSCI 25.8%
/ 33%
31.1%
/ 33%
9.3%
/ 33%
1.92%
/ 5%
✓ HALAL
S&P 3.2%
/ 33%
3.9%
/ 33%
1.2%
/ 33%
1.92%
/ 5%
✓ HALAL
FTSE 25.8%
/ 33%
31.1%
/ 33%
9.3%
/ 50%
1.92%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
67.1
Forward: 28.9
EPS
$4.05
P/B Ratio
13.5
EV/EBITDA
38.6
EV: $73.6B
Revenue
$5.3B
Growth: 6.2%
Beta
1.0
Average volatility
Current Ratio
2.9

Profitability

Gross Margin 86.4%
Operating Margin 32.8%
Net Margin 20.9%
Return on Equity (ROE) 21.9%
Return on Assets (ROA) 11.0%

Cash Flow & Balance Sheet

Operating Cash Flow$1.7B
Free Cash Flow$1.6B
Total Debt$2.6B
Debt-to-Equity48.7
Current Ratio2.9
Total Assets$10.2B

Price & Trading

Last Close$280.62
50-Day MA$295.88
200-Day MA$322.31
Avg Volume2.4M
Beta1.0
52-Week Range
$221.56
$376.45

About Cadence Design Systems (CDNS)

CEO
Dr. Anirudh Devgan Ph.D.
Employees
13,800
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NYSE
Market Cap
$75.0B
Currency
USD

Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI express, universal accelerator and compute express links, and multiple memory interfaces; and Tensilica, a digital signal processor. In addition, the company's design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and OrCAD X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AWR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphysics platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.

Purification Calculator

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Frequently Asked Questions

Is Cadence Design Systems (CDNS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Cadence Design Systems is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Cadence Design Systems's debt ratio?

Cadence Design Systems's debt ratio is 3.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 25.8%.

Does Cadence Design Systems require dividend purification?

Yes, Cadence Design Systems has an impermissible income ratio of 1.92%, which means 1.92% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Cadence Design Systems's key financial metrics?

Cadence Design Systems has a market capitalization of $75.0B, trailing P/E ratio of 67.1, and revenue of $5.3B. The company maintains a gross margin of 86.4% and a net margin of 20.9%. Return on equity stands at 21.9%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.