QRVO

Qorvo, Inc.

HALAL — DATA INCOMPLETEstock

Is QRVO Halal?

RF, connectivity and analog semiconductor business — generally permissible activity whose known financial ratios pass, with activity classification incomplete.

What You Should Know

Qorvo's March 28, 2026 Form 10-K reports assets of $5,825.590 million, long-term debt of $1,549.154 million, cash of $1,219.015 million, receivables of $382.509 million and fiscal-year revenue of $3,678.517 million. Debt/assets is 26.59%, liquidity/assets is 20.93%, receivables plus cash/assets is 27.49% and disclosed interest income is 1.17% of revenue. Known ratios pass, but no universal prohibited-revenue numerator is disclosed.

⚠️ Concerns

  • Known ratios pass, but activity and prohibited-revenue classification remain incomplete
  • Senior notes and long-term debt
  • Mobile and large-customer concentration
  • Defense and aerospace programs require qualitative review
  • Disclosed interest income is 1.17%; no fixed purification percentage asserted

Current quantitative Sharia screen

Based on 10-K figures for the period ended 2026-03-28; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
26.59%Within limit
Below 33.333% under FTSE Yasaar

1,549.154 / 5,825.59

Cash + interest-bearing securities / assets
20.93%Within limit
Below 33.333% under FTSE Yasaar

1,219.015 / 5,825.59

Receivables + cash / assets
27.49%Within limit
Below 50% under FTSE Yasaar

1,601.524 / 5,825.59

Non-compliant income / revenue
1.17%Within limit
No more than 5% under FTSE Yasaar

43 / 3,678.517

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

Debt/assets is 26.59%, liquidity/assets is 20.93%, receivables-plus-cash/assets is 27.49% and disclosed interest income is 1.17%; known ratios pass, while activity remains incomplete.

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

Known financial ratios pass; this is not an index-membership claim and activity remains incomplete.

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

Known debt, liquidity and disclosed income ratios pass; this is not an official classification.

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

A licensed historical market-cap series is not stored.

Business-activity disclosure

Qorvo designs and sells RF, connectivity and analog semiconductor products for mobile, IoT, infrastructure and defense-related markets. The general semiconductor activity is generally permissible, while customer and end-use revenue is not reduced to a universal prohibited-revenue numerator.

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

Purification

Qorvo discloses $43.0 million of interest income for fiscal 2026, but ZakatInvest does not prescribe a scholar-approved purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Qorvo's March 28, 2026 Form 10-K.
  • Long-term debt is $1,549.154 million; operating lease liabilities are excluded.
  • Cash and cash equivalents are $1,219.015 million. The $16.295 million long-term investment balance is equity-method and privately held investment activity, not identified debt securities, so it is excluded from interest-bearing securities.
  • Net accounts receivable is $382.509 million; other receivables of $16.172 million are separately presented. Fiscal-year revenue is $3,678.517 million.
  • The filing reports $43.0 million of interest income for fiscal 2026; no fixed purification percentage is prescribed.
  • RF, connectivity and analog semiconductor products are generally permissible, while mobile, infrastructure, defense and aerospace end uses remain 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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