IBM — International Business Machines Corp.

Permissible business, but carries notable debt from acquisitions.

Why?

IBM's core software, hardware, and consulting business is permissible, but the company took on substantial debt to fund its Red Hat acquisition, making its debt ratio worth verifying against current filings.

How this was screened

Primary basis: Financial-ratio screen.

References

• Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).

As of: 2026-09-06

This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.