ON
ON Semiconductor Corporation (onsemi)
Is ON Halal?
Power semiconductors and intelligent sensing are generally permissible, and onsemi's current filing passes the examined financial ratios.
What You Should Know
onsemi's April 3, 2026 Form 10-Q reports $12,010.8M of assets, $2,982.9M of debt, $2,003.6M of cash, $400.0M of short-term investments, $862.8M of receivables and $1,513.3M of quarterly revenue. Debt/assets is 24.84%, liquidity/assets is 20.01%, receivables plus cash/assets is 23.87% and disclosed interest income/revenue is 1.17%; the examined financial ratios pass. onsemi makes power semiconductors, silicon-carbide devices and intelligent-sensing products for automotive, industrial, energy, medical and cloud-power end markets.
⚠️ Concerns
- •Convertible notes and long-term debt remain material
- •Automotive and industrial semiconductor cyclicality
- •Some defense and aerospace end-market exposure
- •Disclosed interest income requires a methodology-specific purification view
- •The filing does not provide a universal prohibited-revenue numerator
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-04-03; calculated 2026-07-13.
2,982.9 / 12,010.8
2,403.6 / 12,010.8
2,866.4 / 12,010.8
17.7 / 1,513.3
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 24.84%, liquidity/assets is 20.01%, receivables plus cash/assets is 23.87% and interest income/revenue is 1.17%; all examined financial ratios pass.
- Financial
- Pass
- Overall
- Incomplete
Debt, liquidity, receivables-plus-cash and disclosed interest income pass examined total-assets limits; this is not an index-membership claim.
- 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.
- Financial
- Not calculated
- Overall
- Not calculated
No licensed historical market-cap series is stored.
Business-activity disclosure
onsemi designs power semiconductors, silicon-carbide devices and intelligent-sensing products for automotive, industrial, energy, medical and cloud-power end markets. Semiconductor design and manufacturing are generally permissible, while end-market exposure remains qualitative context.
Limitation: The filing does not allocate revenue into a universal prohibited-activity numerator.
Purification
The filing discloses $17.7 million of interest income, or 1.17% of quarterly revenue; ZakatInvest does not prescribe a fixed scholar-approved purification percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions from onsemi's April 3, 2026 Form 10-Q.
- Net long-term debt is $2,982.9 million; the revolving facility had no balance.
- Cash is $2,003.6 million, short-term investments are $400.0 million and receivables are $862.8 million.
- Quarterly revenue was $1,513.3 million and disclosed interest income was $17.7 million.
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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