SITM

SiTime Corporation

HALAL — SCREEN DOES NOT PASSstock

Is SITM Halal?

MEMS timing semiconductor business — generally permissible activity, but current liquidity, receivables and income screens fail.

What You Should Know

SiTime's March 31, 2026 Form 10-Q reports assets of $1,292.857 million, no interest-bearing debt, cash of $498.476 million, held-to-maturity securities of $290.188 million, receivables of $54.997 million and quarterly revenue of $113.567 million. Debt/assets is 0.00%, liquidity/assets is 61.00%, receivables plus cash/assets is 42.81% and disclosed interest income is 6.44% of revenue. Liquidity, receivables and FTSE income screens fail; no universal prohibited-revenue numerator is disclosed.

⚠️ Concerns

  • Liquidity/assets is 61.00%, above examined 33.333% limits
  • Receivables-plus-cash/assets is 42.81%, above the examined MSCI limit
  • Interest income is 6.44% of quarterly revenue, above the examined FTSE 5% limit
  • Large cash and held-to-maturity securities portfolio
  • Communications, automotive and AI end uses require qualitative review

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.

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

0 / 1,292.857

Cash + interest-bearing securities / assets
61.00%Above limit
Below 33.333% under FTSE Yasaar

788.664 / 1,292.857

Receivables + cash / assets
42.81%Within limit
Below 50% under FTSE Yasaar

553.473 / 1,292.857

Non-compliant income / revenue
6.44%Above limit
No more than 5% under FTSE Yasaar

7.31 / 113.567

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

Liquidity/assets is 61.00%, receivables-plus-cash/assets is 42.81% and interest income is 6.44%; the liquidity, receivables and income limits fail.

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

Liquidity/assets is 61.00% and receivables-plus-cash/assets is 42.81%, 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 61.00%, above the examined Malaysia 33% 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 liquidity and receivables screens already fail.

Business-activity disclosure

SiTime designs MEMS-based silicon timing products for communications, automotive, AI and industrial systems. Semiconductor activity is generally permissible, while downstream customer and end-use revenue remains qualitative.

Limitation: The filing does not classify customer, sector or end-use revenue by a universal Sharia category.

Purification

SiTime discloses interest income of $7.310 million; ZakatInvest does not prescribe a scholar-approved purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from SiTime's March 31, 2026 Form 10-Q.
  • No interest-bearing debt is reported; operating lease liabilities are excluded.
  • Cash and cash equivalents are $498.476 million and held-to-maturity securities are $290.188 million.
  • Net accounts receivable is $54.997 million and first-quarter revenue is $113.567 million.
  • The filing discloses $7.310 million of interest income, or 6.44% of quarterly revenue.
  • MEMS timing semiconductors are generally permissible, but no universal prohibited-revenue numerator is disclosed.

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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