COHR

Coherent Corp.

HALAL — DATA INCOMPLETEstock

Is COHR Halal?

Photonics, lasers and optical communications are generally permissible, and the current total-assets financial screen passes; gross interest income remains unquantified.

What You Should Know

Coherent's March 31, 2026 Form 10-Q reports $17,286.7M of assets, $3,193.8M of debt, $1,592.7M of cash, $825.0M of short-term investments, $1,187.9M of receivables and $1,805.6M of quarterly revenue. Debt/assets is 18.48%, liquidity/assets is 13.99% and receivables plus cash/assets is 16.09%, below the examined asset-based limits. Gross interest income is included in interest and other, net but is not separately quantified. Coherent supplies photonics, lasers, optical communications and engineered materials for datacenter, communications, industrial and scientific applications; defense end markets remain qualitative context.

⚠️ Concerns

  • Term debt remains material after the II-VI/Coherent combination
  • Aerospace and defense laser and communications end markets
  • Networking and datacenter cycle exposure
  • Gross interest income is not separately quantified
  • The filing does not provide a universal prohibited-revenue numerator

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-13.

USD · millions
Interest-bearing debt / assets
18.48%Within limit
Below 33.333% under FTSE Yasaar

3,193.781 / 17,286.701

Cash + interest-bearing securities / assets
13.99%Within limit
Below 33.333% under FTSE Yasaar

2,417.73 / 17,286.701

Receivables + cash / assets
16.09%Within limit
Below 50% under FTSE Yasaar

2,780.59 / 17,286.701

FTSE Yasaar
v4.6, February 2026
Financial
Incomplete
Overall
Incomplete

Debt/assets is 18.48%, liquidity/assets is 13.99% and receivables plus cash/assets is 16.09%; gross interest income and screened business revenue remain unavailable.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Debt/assets, liquidity/assets and receivables plus cash/assets are below the examined total-assets limits; this is not an index-membership claim and income disclosure remains incomplete.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

Debt/assets and identifiable conventional cash and instruments are below the examined Malaysia SAC limits; this is not an official SAC classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Not calculated

No licensed historical market-cap series is stored.

Business-activity disclosure

Coherent supplies photonics, lasers, optical communications, engineered materials and silicon-carbide substrates for datacenter, communications, industrial and scientific applications. These general-purpose technologies are generally permissible, while defense end markets and export controls remain qualitative context.

Limitation: The filing does not allocate revenue into a universal prohibited-activity numerator and does not separately disclose gross interest income.

Purification

Gross interest income is included in interest and other, net but is not separately quantified; ZakatInvest does not assert a purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Coherent's March 31, 2026 Form 10-Q.
  • Debt is current portion of long-term debt of $9.011 million plus long-term debt of $3,184.770 million, net of issuance costs and discount.
  • Cash is $1,592.730 million and short-term investments are $825.000 million; restricted cash is not included in the liquidity numerator.
  • Accounts receivable is $1,187.860 million and quarterly revenue is $1,805.641 million. Gross interest income is included in interest and other, net but is not separately quantified.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

🧾
Own COHR? Purify your portfolio.
Per-holding purification amounts, zakat on your shares, and halal alternatives for flagged holdings — a personalized report prepared for you within 48 hours.
Order Your Report — $49 →
Track COHR and 30,000+ stocks' live compliance status with Islamicly — 50% off with code ZAKAT50.Get Islamicly →

Want to screen more assets?

Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.

Go to Halal Checker →