Is VIAVI SOLUTIONS INC. (VIAV) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.7% / 30% | 6.6% / 30% | 4.5% / 30% | 1.21% / 5% | ✓ HALAL |
| DJIM | 10.7% / 33% | 6.6% / 33% | 4.5% / 33% | 1.21% / 5% | ✓ HALAL |
| MSCI | 34.7% / 33% | 21.3% / 33% | 14.7% / 33% | 1.21% / 5% | ✗ NOT HALAL |
| S&P | 10.7% / 33% | 6.6% / 33% | 4.5% / 33% | 1.21% / 5% | ✓ HALAL |
| FTSE | 34.7% / 33% | 21.3% / 33% | 14.7% / 50% | 1.21% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 59.5% | |
| Operating Margin | 10.3% | |
| Net Margin | -3.4% | |
| Return on Equity (ROE) | -5.5% | |
| Return on Assets (ROA) | 2.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $90M |
| Free Cash Flow | $62M |
| Total Debt | $692M |
| Debt-to-Equity | 86.4 |
| Current Ratio | 2.6 |
| Total Assets | $2.0B |
Price & Trading
| Last Close | $34.44 |
| 50-Day MA | $27.70 |
| 200-Day MA | $17.05 |
| Avg Volume | 5.1M |
| Beta | 0.9 |
|
52-Week Range
$8.10
| |
About VIAVI SOLUTIONS INC. (VIAV)
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace, and critical infrastructures in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates in two segments, Network and Service Enablement (NSE) and Optical Security and Performance Products (OSP). The NSE segment provides testing, monitoring, assurance, and security solutions that address lab and production environments, network management, service assurance, and AIOps for wireless, wireline, cloud, satellite, public safety, military, and infrastructure networks. This segment also offers instruments, microprobes, and perpetual software licenses that support the development, production, maintenance, and optimization of network systems, as well as product support and professional services comprising repair, calibration, software support, and technical assistance for its products. Its OSP segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell technologies for the anti-counterfeiting, 3D sensing, government and aerospace, automotive, and industrial markets. The company has a strategic partnership with QuNu Labs Pvt. Ltd. for the development of quantum security and advanced network intelligence technologies. The company was formerly known as JDS Uniphase Corporation. Viavi Solutions Inc. was founded in 1923 and is headquartered in Chandler, Arizona.
Purification Calculator
As a halal stock with 1.21% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is VIAVI SOLUTIONS INC. (VIAV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), VIAVI SOLUTIONS 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 VIAVI SOLUTIONS INC.'s debt ratio?
VIAVI SOLUTIONS INC.'s debt ratio is 10.7% 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 34.7%.
Does VIAVI SOLUTIONS INC. require dividend purification?
Yes, VIAVI SOLUTIONS INC. has an impermissible income ratio of 1.21%, which means 1.21% 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 VIAVI SOLUTIONS INC.'s key financial metrics?
VIAVI SOLUTIONS INC. has a market capitalization of $8.0B, and revenue of $1.1B. The company maintains a gross margin of 59.5% and a net margin of -3.4%. Return on equity stands at -5.5%.
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.