Is VEECO INSTRUMENTS INC (VECO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 17.2% / 30% | 18.8% / 30% | 7.3% / 30% | 1.8% / 5% | ✓ HALAL |
| DJIM | 17.2% / 33% | 18.8% / 33% | 7.3% / 33% | 1.8% / 5% | ✓ HALAL |
| MSCI | 25.1% / 33% | 27.5% / 33% | 10.7% / 33% | 1.8% / 5% | ✓ HALAL |
| S&P | 17.2% / 33% | 18.8% / 33% | 7.3% / 33% | 1.8% / 5% | ✓ HALAL |
| FTSE | 25.1% / 33% | 27.5% / 33% | 10.7% / 50% | 1.8% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 40.0% | |
| Operating Margin | 3.6% | |
| Net Margin | 5.3% | |
| Return on Equity (ROE) | 4.3% | |
| Return on Assets (ROA) | 2.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $69M |
| Free Cash Flow | $53M |
| Total Debt | $262M |
| Debt-to-Equity | 29.6 |
| Current Ratio | 4.7 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $36.03 |
| 50-Day MA | $31.67 |
| 200-Day MA | $27.84 |
| Avg Volume | 870K |
| Beta | 1.2 |
|
52-Week Range
$16.92
| |
About VEECO INSTRUMENTS INC (VECO)
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. It offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems. The company's process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, it markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test companies; and hard disk drive and photonics manufacturers, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.
Purification Calculator
As a halal stock with 1.80% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is VEECO INSTRUMENTS INC (VECO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), VEECO INSTRUMENTS INC 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 VEECO INSTRUMENTS INC's debt ratio?
VEECO INSTRUMENTS INC's debt ratio is 17.2% 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 25.1%.
Does VEECO INSTRUMENTS INC require dividend purification?
Yes, VEECO INSTRUMENTS INC has an impermissible income ratio of 1.80%, which means 1.80% 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 VEECO INSTRUMENTS INC's key financial metrics?
VEECO INSTRUMENTS INC has a market capitalization of $2.1B, trailing P/E ratio of 59.8, and revenue of $664M. The company maintains a gross margin of 40.0% and a net margin of 5.3%. Return on equity stands at 4.3%.
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.