Apple

Halal Rating :
Uncomfortable
Last Price $198
Market Cap $2.99t
1D Change

0.42 %

1 Year Change

0.84 %

Next Earnings Date

Yet to be announced

Company Overview

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories. It also sells various related services, such as Apple Arcade, a game subscription service; Apple Music, Apple Card, Apple Pay, and Apple Card. The company serves consumers, small and mid-sized businesses; and the education, enterprise, and government markets.

Revenue Sources

Pass

Based on Apple's latest financial reports and SEC filings, the company's primary revenue streams come from hardware sales (iPhone, Mac, iPad, wearables), services (App Store, Apple Music, iCloud, AppleCare), and digital content distribution. None of these core business activities are inherently haram.

While the App Store does include some gaming applications, these represent legitimate software products with actual value exchange, not gambling services. The company's content distribution services have content filtering mechanisms in place.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 29, 2025 $95.36b $65.77b - - 0.00% 0.00%
Dec. 28, 2024 $124.3b $81.47b - - 0.00% 0.00%
Sept. 28, 2024 $94.93b $65.34b - - 0.00% 0.00%
June 29, 2024 $85.78b $60.42b - - 0.00% 0.00%

Based on the financial data for the last four quarters, Apple shows zero interest income and zero interest expense. The company's revenue model is clearly based on product sales and services, not interest-based activities.

Operational Ethics

Fail

Apple maintains research and development centers in Israel, including facilities in Herzliya and Haifa, where they conduct ongoing operations for chip design and development.

Rating Justification

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