KLIC

Kulicke and Soffa Industries, Inc.

HALAL — SCREEN DOES NOT PASSstock

Is KLIC Halal?

Semiconductor assembly and packaging equipment — generally permissible activity, but current liquidity and receivables screens fail.

What You Should Know

Kulicke and Soffa's April 4, 2026 Form 10-Q reports assets of $1,185.984 million, no interest-bearing debt, cash of $337.864 million, investments of $160.000 million, receivables of $255.610 million and quarterly revenue of $242.621 million. Debt/assets is 0.00%, liquidity/assets is 41.98%, receivables plus cash/assets is 50.04% and disclosed interest income is 1.64% of revenue. Liquidity and receivables screens fail; no universal prohibited-revenue numerator is disclosed.

⚠️ Concerns

  • Liquidity/assets is 41.98%, above examined 33.333% limits
  • Receivables-plus-cash/assets is 50.04%, above examined FTSE and MSCI limits
  • Large cash, short-term investment and debt-security balances
  • Semiconductor, LED and advanced-display customer end uses
  • Disclosed interest income is 1.64%; no fixed purification percentage asserted

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-04-04; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
0.00%Within limit
Below 33.333% under FTSE Yasaar

0 / 1,185.984

Cash + interest-bearing securities / assets
41.98%Above limit
Below 33.333% under FTSE Yasaar

497.864 / 1,185.984

Receivables + cash / assets
50.04%Above limit
Below 50% under FTSE Yasaar

593.474 / 1,185.984

Non-compliant income / revenue
1.64%Within limit
No more than 5% under FTSE Yasaar

3.98 / 242.621

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

Liquidity/assets is 41.98% and receivables-plus-cash/assets is 50.04%, above the examined FTSE limits; interest income is 1.64%.

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

Liquidity/assets is 41.98% and receivables-plus-cash/assets is 50.04%, above the examined MSCI total-assets limits; this is not an index-membership claim.

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

Liquidity/assets is 41.98%, above the examined Malaysia limit; this is not an official classification.

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

A licensed historical market-cap series is not stored; the asset-based liquidity and receivables screens already fail.

Business-activity disclosure

Kulicke and Soffa designs semiconductor assembly and packaging equipment used in chip manufacturing. The equipment activity is generally permissible, while customer products, defense-adjacent uses and end uses are not reduced to a universal prohibited-revenue numerator.

Limitation: The filing does not classify every customer, tool or end use by a universal Sharia category; activity remains qualitative.

Purification

KLIC discloses $3.980 million of interest income, but ZakatInvest does not prescribe a scholar-approved purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Kulicke and Soffa's April 4, 2026 Form 10-Q.
  • No interest-bearing debt is reported; operating lease liabilities are excluded.
  • Cash is $337.864 million, short-term investments are $150.000 million and investment in debt securities is $10.000 million.
  • Accounts and other receivables are $255.610 million and second-quarter revenue is $242.621 million.
  • The filing discloses $3.980 million of interest income, or 1.64% of quarterly revenue; no fixed purification percentage is prescribed.
  • Semiconductor assembly and packaging equipment is generally permissible, but customer and end-use exposure remains qualitative.

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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