TEL

TE Connectivity Ltd.

HALAL — METHODS DIFFERstock

Is TEL Halal?

Electronic components — permissible connectivity solutions.

What You Should Know

TE Connectivity's March 27, 2026 filing shows debt/assets 22.02%, liquidity/assets 4.32%, receivables plus cash/assets 17.77%, and interest income/revenue 0.44%. Electronic components are generally permissible, while defense, aerospace and downstream end-market exposure remain qualitative concerns.

⚠️ Concerns

  • Defense and aerospace exposure not quantified
  • Issuer incorporated in Ireland
  • Interest income requires methodology-specific treatment
  • Downstream activity revenue not quantified

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-27; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
22.02%Within limit
Below 33.333% under FTSE Yasaar

5,655 / 25,679

Cash + interest-bearing securities / assets
4.32%Within limit
Below 33.333% under FTSE Yasaar

1,110 / 25,679

Receivables + cash / assets
17.77%Within limit
Below 50% under FTSE Yasaar

4,564 / 25,679

Non-compliant income / revenue
0.44%Within limit
No more than 5% under FTSE Yasaar

21 / 4,744

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

Debt is 22.02%, liquidity is 4.32%, receivables plus cash is 17.77%, and disclosed interest income is 0.44%; each is below the examined FTSE thresholds. End-market activity remains unquantified.

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

Debt, liquidity and receivables plus cash are below the examined total-assets limits. This is not an index-membership claim; screened activity revenue remains undisclosed.

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

Debt and identifiable liquidity are below 33% of total assets. This is a calculation against SAC ratios, not an official classification; end-market activity remains unavailable.

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

A properly licensed and reproducible 24- or 36-month issuer market-cap history is not stored, so market-cap methods are not estimated from a current spot price.

Business-activity disclosure

TE Connectivity designs and manufactures connectors, sensors and electronic components for industrial, automotive, commercial, aerospace and defense customers. Electronics manufacturing is generally permissible, but defense and end-market exposure require qualitative review.

Limitation: The filing reports sales by segment and geography but does not provide a reproducible prohibited-revenue numerator for defense, aerospace or other scholar-specific end uses.

Purification

Disclosed interest income is $21 million, or 0.44% of quarterly net sales, but ZakatInvest does not prescribe a fixed purification percentage and end-market activity remains incomplete.

Inputs, assumptions and primary sources
  • Debt combines $102 million of short-term debt with $5,553 million of long-term debt.
  • Cash uses $1,110 million of cash and cash equivalents. No separate interest-bearing securities balance is identified in the cited quarter-end balance sheet.
  • Accounts receivable are $3,454 million and quarterly net sales are $4,744 million.
  • Disclosed interest income is $21 million, or 0.44% of quarterly net sales; no universal purification rate is prescribed here.

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.

🧾
Own TEL? Purify your portfolio.
Per-holding purification amounts, zakat on your shares, and halal alternatives for flagged holdings — a personalized report prepared for you within 48 hours.
Order Your Report — $49 →
Track TEL and 30,000+ stocks' live compliance status with Islamicly — 50% off with code ZAKAT50.Get Islamicly →

Want to screen more assets?

Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.

Go to Halal Checker →