The Short Answer
ON is halal on the current financial screen. The April 3, 2026 filing shows debt/assets of 24.84%, liquidity/assets of 20.01%, receivables plus cash/assets of 23.87% and disclosed interest income/revenue of 1.17%.
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.
Business activity
onsemi designs power semiconductors, silicon-carbide devices, power-management ICs and intelligent sensors for automotive, industrial, energy, medical and cloud-power markets. Semiconductor design and manufacturing are generally permissible.
Qualitative context
Convertible notes, automotive and industrial cyclicality, and some defense and aerospace end-market exposure should be monitored. The current asset-based financial ratios pass the examined limits.
What the filing changes
The Form 10-Q reports $12.011 billion of assets, $2.983 billion of debt, $2.004 billion of cash, $400.0 million of short-term investments, $862.8 million of receivables and $1.513 billion of quarterly revenue.
Bottom line
ON is generally halal on the current filing-backed screen. Recheck the next filing and apply the methodology used by your preferred adviser.