Is Gen Digital (GEN) stock halal?

Gen Digital (GEN) fails all four Sharia screening standards on debt. Its interest-bearing debt is 65.6% of its market value, against AAOIFI's 30% limit.

Fails all four standards Screened 28 September 2026 on that day's price. Market-value tests move with the share price.

The four standards

StandardDebt measured againstDebt ratioLimitVerdict
AAOIFImarket capitalisation on the day65.6%30.0%Fails on debt
Dow Jones Islamictrailing 24-month average market capitalisation52.6%33.3%Fails on debt
S&P Shariahtrailing 36-month average market capitalisation52.9%33.3%Fails on debt
MSCI Islamictotal assets52.6%33.3%Fails on debt

Debt ratio is interest-bearing debt over each standard's own size measure. A company whose main business a standard excludes is never compliant under it, whatever its debt.

Business screen

Industry (SEC code)Services-Prepackaged Software (7372)
Main businesspermitted
Income from side activitiesnot checked (needs segment revenue)

The figures

Market value$12.5 billion
Interest-bearing debt (30 June 2026)$8.2 billion
Total assets (30 June 2026)$15.6 billion

Debt and assets from SEC XBRL company facts; price from live market data.

Each standard also limits income from prohibited side activities (usually to 5% of revenue). That needs the company's segment revenue, which Mizan does not read yet, so check it for companies with a mixed business.

Halal alternatives

Gen Digital fails at least one standard on debt. Companies in the same industry that pass all four standards include Microsoft (MSFT), Synopsys (SNPS) and Adobe (ADBE). For a ready-screened basket, Shariah funds such as SPUS in the US or ISWD in the UK do the screening for you.

Shariah funds:

Companies Mizan covers whose business is permitted under all four standards and whose debt passes all four, clear of the borderline band, at the quarter ending 2026-06-30. Prices have moved since, so screen your pick live on its page here before you buy.

Quick answers

Is Gen Digital (GEN) stock halal?
Gen Digital (GEN) fails all four Sharia screening standards on debt. Its interest-bearing debt is 65.6% of its market value, against AAOIFI's 30% limit.
What is Gen Digital's debt ratio?
Interest-bearing debt is 65.6% of its market value, against AAOIFI's 30% limit.

How Mizan screens

First the business: a standard that excludes the company's main business (from its SEC industry code and Mizan's list of named companies) marks it non-compliant. Then the debt: interest-bearing debt over each standard's own size measure, compared with that standard's threshold. Averaged denominators use the trailing quarterly market capitalisations of the study panel with today's market capitalisation as the final observation.

Research behind it: Price-Driven Churn in Islamic Equity Screening (SSRN). Where the standards disagree.

Mizan reports how four published screening standards read a company's own filings and market price. It is research output, not investment advice and not a fatwa.

Ask Mizan yourself

Screen any of 424 large US companies on today's price, a whole portfolio, or work out dividend purification and zakat. Open Mizan, free, no sign-up.

In Claude or any app that takes MCP connectors, add https://goodturn-mcp.pages.dev/mizan/mcp and ask: “Is Gen Digital stock halal?”

More in Services-Prepackaged Software