Is Credo Technology Group Holding Ltd (CRDO) Halal?
Shariah Screening — 5 Standards
Based on financial data from April 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 2.1% / 30% | 0.8% / 30% | 3.86% / 5% | ✓ HALAL |
| DJIM | 0.1% / 33% | 2.1% / 33% | 0.8% / 33% | 3.86% / 5% | ✓ HALAL |
| MSCI | 2.0% / 33% | 53.3% / 33% | 20.0% / 33% | 3.86% / 5% | ✗ NOT HALAL |
| S&P | 0.1% / 33% | 2.1% / 33% | 0.8% / 33% | 3.86% / 5% | ✓ HALAL |
| FTSE | 2.0% / 33% | 53.3% / 33% | 20.0% / 50% | 3.86% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 67.8% | |
| Operating Margin | 36.8% | |
| Net Margin | 31.8% | |
| Return on Equity (ROE) | 27.5% | |
| Return on Assets (ROA) | 14.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $65M |
| Free Cash Flow | $29M |
| Total Debt | $16M |
| Debt-to-Equity | 0.9 |
| Current Ratio | 10.8 |
| Total Assets | $809M |
Price & Trading
| Last Close | $96.44 |
| 50-Day MA | $118.38 |
| 200-Day MA | $130.08 |
| Avg Volume | 6.9M |
| Beta | 2.7 |
|
52-Week Range
$29.09
| |
About Credo Technology Group Holding Ltd (CRDO)
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. It provides HiWire active electrical cables solutions, including HiWire CLOS, SPAN, SHIFT, and SWITCH; optical PAM4 digital signal processors; low-power line card PHY; serializer/deserializer (SerDes) chiplets; and SerDes IP, as well as integrated circuits. The company also offers intellectual property solutions consist of SerDes IP licensing. In addition, it offers predictive integrity link optimization and telemetry; PCIe retimer solutions; and support and maintenance, engineering, and royalties services. The company sells its products to hyperscalers, original equipment manufacturers, original design manufacturers, and optical module manufacturers, as well as into the enterprise and HPC markets. Credo Technology Group Holding Ltd was founded in 2008 and is based in Grand Cayman, the Cayman Islands.
Purification Calculator
As a halal stock with 3.86% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Credo Technology Group Holding Ltd (CRDO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Credo Technology Group Holding Ltd 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 Credo Technology Group Holding Ltd's debt ratio?
Credo Technology Group Holding Ltd's debt ratio is 0.1% 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 2.0%.
Does Credo Technology Group Holding Ltd require dividend purification?
Yes, Credo Technology Group Holding Ltd has an impermissible income ratio of 3.86%, which means 3.86% 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 Credo Technology Group Holding Ltd's key financial metrics?
Credo Technology Group Holding Ltd has a market capitalization of $17.6B, trailing P/E ratio of 52.3, and revenue of $437M. The company maintains a gross margin of 67.8% and a net margin of 31.8%. Return on equity stands at 27.5%.
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.