Is SANMINA CORP (SANM) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.5% / 30% | 13.8% / 30% | 27.2% / 30% | 0.2% / 5% | ✓ HALAL |
| DJIM | 4.5% / 33% | 13.8% / 33% | 27.2% / 33% | 0.2% / 5% | ✓ HALAL |
| MSCI | 5.1% / 33% | 15.8% / 33% | 31.2% / 33% | 0.2% / 5% | ✓ HALAL |
| S&P | 4.5% / 33% | 13.8% / 33% | 27.2% / 33% | 0.2% / 5% | ✓ HALAL |
| FTSE | 5.1% / 33% | 15.8% / 33% | 31.2% / 50% | 0.2% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 8.5% | |
| Operating Margin | 3.7% | |
| Net Margin | 2.5% | |
| Return on Equity (ROE) | 9.7% | |
| Return on Assets (ROA) | 3.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $621M |
| Free Cash Flow | $473M |
| Total Debt | $300M |
| Debt-to-Equity | 88.6 |
| Current Ratio | 1.7 |
| Total Assets | $5.9B |
Price & Trading
| Last Close | $130.97 |
| 50-Day MA | $145.80 |
| 200-Day MA | $132.72 |
| Avg Volume | 818K |
| Beta | 1.0 |
|
52-Week Range
$63.67
| |
About SANMINA CORP (SANM)
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two businesses: Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engaging in the manufacture of components, subassemblies, and complete systems; and direct order fulfilment and logistics services. In addition, the company provides components, such as printed circuit boards, backplane fabrication and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts, and plastic injected molded parts; memory solutions; storage platforms; optical, radio frequency, and microelectronic solutions; defense and aerospace products, design, manufacturing, repair, and refurbishment services; and cloud-based manufacturing execution software. It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud infrastructure industries. The company was formerly known as Sanmina-SCI Corp. Sanmina Corporation was incorporated in 1980 and is headquartered in San Jose, California.
Purification Calculator
As a halal stock with 0.20% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is SANMINA CORP (SANM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SANMINA CORP 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 SANMINA CORP's debt ratio?
SANMINA CORP's debt ratio is 4.5% 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 5.1%.
Does SANMINA CORP require dividend purification?
Yes, SANMINA CORP has an impermissible income ratio of 0.20%, which means 0.20% 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 SANMINA CORP's key financial metrics?
SANMINA CORP has a market capitalization of $7.1B, trailing P/E ratio of 31.2, and revenue of $8.1B. The company maintains a gross margin of 8.5% and a net margin of 2.5%. Return on equity stands at 9.7%.
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.