Is SkyWater Technology, Inc. (SKYT) halal? Halal. Based on AAOIFI screening, SkyWater Technology, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 97/100 (Grade: A+).

SkyWater Technology, Inc.

SKYT: Is SkyWater Technology, Inc. Halal?

Halal

SkyWater Technology, Inc.

NASDAQTechnologyUS

$34.97

-7.85%

About SkyWater Technology, Inc.

SkyWater Technology, Inc., together with its subsidiaries, provides semiconductor development and manufacturing services. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, power discrete, microelectromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive and transportation, bio-health, consumer, and industrial/internet of things industries. The company was incorporated in 2017 and is headquartered in Bloomington, Minnesota.

Sector: Technology 路 Industry: Semiconductors

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 15, 2026
A+

Excellent

Exceptionally strong compliance

97Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap2.2% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 15, 2026Fiscal: Q1 2026Source: EDGAR

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Financial Overview

Market Cap

1.7B

Price

$34.97

Sector

Technology

Industry

Semiconductors

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Frequently Asked Questions

Is SkyWater Technology, Inc. (SKYT) halal to invest in?
Based on AAOIFI Standard 21 screening, SkyWater Technology, Inc. (SKYT) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did SkyWater Technology, Inc. get a A+ compliance rating?
SkyWater Technology, Inc. (SKYT) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.2% (limit 30%); interest-bearing deposits of 1.3% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change SkyWater Technology, Inc.'s Shariah verdict?
SkyWater Technology, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is SkyWater Technology, Inc. re-screened for Shariah compliance?
SkyWater Technology, Inc. (SKYT) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 15, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.