SMG
Semtech Corp.
Is SMG Halal?
Semiconductor manufacturer — analog and mixed-signal chips.
What You Should Know
Semtech's April 2026 filing reports $1,438.943 million of assets, $491.982 million of debt, $163.310 million of cash and $291.018 million of quarterly sales. Debt/assets is 34.19%, just above the examined one-third limits, while the semiconductor activity remains generally permissible but downstream end uses are qualitative.
⚠️ Concerns
- •Debt/assets is 34.19% under the examined asset screen
- •Industrial, communications and data-center products have unallocated downstream end uses
- •Disclosed interest income is 0.31% of quarterly revenue
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-04-26; calculated 2026-07-15.
491.982 / 1,438.943
163.31 / 1,438.943
338.099 / 1,438.943
0.888 / 291.018
- Financial
- Fails
- Overall
- Fails
Debt/assets is 34.19%, above the examined 33.333% limit; liquidity/assets is 11.35%, receivables-plus-cash/assets is 23.50% and interest income is 0.31% of quarterly revenue.
- Financial
- Fails
- Overall
- Fails
Debt/assets is 34.19%, above the examined MSCI 33.33% total-assets limit; liquidity/assets is 11.35% and receivables-plus-cash/assets is 23.50%.
- Financial
- Fails
- Overall
- Fails
Debt/assets is 34.19%, above the examined Malaysia 33% limit; this is a calculation against SAC ratios, not an official classification of a U.S.-listed security.
- Financial
- Not calculated
- Overall
- Fails
A licensed historical market-cap series is not stored; the asset-based financial screen already fails on debt.
Business-activity disclosure
Semtech designs analog and mixed-signal semiconductors, connectivity devices and infrastructure products. The core industrial and communications activity is generally permissible.
Limitation: The filing does not allocate revenue by every defense, surveillance, gambling or other downstream end use, so a strict activity screen remains qualitative.
Purification
Interest income is disclosed at $0.888 million, but no scholar-approved purification percentage is calculated.
Inputs, assumptions and primary sources
- Amounts are USD millions from Semtech's April 26, 2026 Form 10-Q.
- Interest-bearing debt uses reported long-term debt of $491.982 million; the balance sheet did not show a separate current debt balance.
- Cash is $163.310 million and no available-for-sale securities balance was reported at April 26, 2026; net accounts receivable is $174.789 million.
- Quarterly net sales are $291.018 million and disclosed interest income is $0.888 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.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →