KLAC
KLA Corporation
Is KLAC Halal?
Semiconductor process-control equipment remains a generally permissible core business, but March 2026 total-assets debt is above the examined one-third financial limit.
What You Should Know
KLA makes process-control and yield-management systems for semiconductor manufacturers, an industrial activity that is generally permissible. Its March 31, 2026 filing supports a current quantitative review: debt is 34.89% of total assets, while cash plus identifiable marketable securities is 29.38% and receivables plus cash is 24.71%. KLA does not separately disclose gross interest income from its investment portfolio, so the income screen is not estimated.
⚠️ Concerns
- •Debt was 34.89% of total assets at March 31, 2026 and exceeds the examined 33.333% asset limit
- •KLA does not separately disclose gross interest income from invested cash and marketable securities
- •Semiconductor equipment is dual-use; customer, export-control, geopolitical, labor, chemicals, water, energy and supply-chain impacts require qualitative review
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.
5,887 / 16,874
4,958 / 16,874
4,170 / 16,874
- Financial
- Fails
- Overall
- Fails
Debt/assets is 34.89%, above the examined 33.333% limit. Liquidity/assets is 29.38% and receivables plus cash/assets is 24.71%; gross interest income and screened business revenue are unavailable.
- Financial
- Fails
- Overall
- Fails
Debt/assets is 34.89%, above the examined 33.33% total-assets limit; liquidity and receivables plus cash pass. This is a calculation against the named method, not an index-membership claim.
- Financial
- Fails
- Overall
- Fails
Debt/assets is 34.89%, above the examined 33% financial limit; this is a calculation against SAC ratios, not an official classification of a U.S.-listed security.
- Financial
- Not calculated
- Overall
- Not calculated
A properly licensed and reproducible historical market-cap series is not stored, so these methods are not estimated from a current spot price.
Business-activity disclosure
KLA develops semiconductor process-control, inspection and yield-management systems and related services. This industrial technology activity is generally permissible, but equipment can serve many customer and end-use contexts.
Limitation: The filing does not provide a reproducible prohibited-revenue numerator by product, customer, end use, contract or financial activity, so an exact business percentage cannot be claimed.
Purification
Gross interest income is not separately disclosed and the screened equipment, service, customer and end-use revenue numerator is unavailable; no fixed purification percentage is prescribed.
Inputs, assumptions and primary sources
- Amounts are USD millions from KLA's March 31, 2026 Form 10-Q and rounded to the nearest million.
- Interest-bearing debt is the reported $5,887 million of long-term senior notes; no current portion is separately reported in the balance sheet.
- Cash is $1,787 million. Marketable securities are $3,171 million and are treated as identifiable interest-bearing securities; cash equivalents within the cash caption are not double-counted.
- Accounts receivable includes current net receivables of $2,304 million and long-term net receivables of $78 million. Quarterly revenue is $3,415 million.
- KLA describes higher interest income within other expense (income), net but does not separately disclose a reproducible gross interest-income total; no income numerator is estimated.
- The filing reports product and service revenue but does not classify semiconductor-equipment revenue by customer, end use, export-control category or other Sharia-screened numerator.
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.
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