NASDAQ Shariah screener · October 2026

Is KLA Corporation (KLAC) Halal?

PASS

KLA Corporation · NASDAQ: KLAC · Technology

The short answer

Yes — KLA Corporation (KLAC) passes this Shariah stock screen. The Milpitas-based semiconductor process-control equipment maker (inspection, metrology, yield management tools; Specialty Semiconductor Process; PCB and Component Inspection; services ≈23% of revenue) has no disclosed prohibited business lines. Its total debt of $5,887.4M is about 2.30% of its ~$256.1B market cap ($200.33, October 1, 2026), below the ~33% ceiling. Interest income of $177.1M is about 1.30% of FY2026 revenue ($13,579.5M), below the 5% non-compliant income ceiling (the 10-K's figure is used; Zoya's public page incorrectly claims $0). Zoya rates KLAC Shariah-compliant and Musaffa classifies it as halal; no ShariaPortfolio rating was found — honestly reported as absent, not invented. (A 10-for-1 stock split took effect June 11, 2026; figures are post-split.)

Gate 1 — Business activity: PASS

KLA Corporation (NASDAQ: KLAC), headquartered in Milpitas, California, supplies process control and yield management equipment and services for the semiconductor and related nano-electronics industries (10-K Item 1): advanced inspection, metrology and process-enabling tools for manufacturing wafers, reticles/masks, ICs, packaged ICs and PCBs, plus support services (services ≈ 23% of FY2026 revenue). It reports three segments: Semiconductor Process Control, Specialty Semiconductor Process (vacuum deposition and etch tools for MEMS, RF and power semiconductors) and PCB and Component Inspection. Customers include leading chipmakers (TSMC exceeded 10% of revenue in FY2024–2026). A 10-for-1 stock split took effect June 11, 2026; figures here are on the post-split basis. Haram flags: none. No interest-based lending, alcohol, pork, gambling, adult entertainment, conventional insurance, tobacco, or weapons in the business description. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per KLA's FY2026 10-K (year ended June 30, 2026), long-term debt was $5,887,415K with no short-term debt or current-portion line on the balance sheet — so $5,887.4M is the total. Against a market cap of about $256.1B ($200.33, October 1, 2026), debt ÷ market cap is about 2.30% — below the ~33% ceiling. Cash and cash equivalents ($1,649,842K) plus marketable securities ($3,252,566K) total $4,902.4M, about 1.91% of market cap. Interest expense was $284.4M in FY2026 — reported for completeness, not a screen input. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

KLA's FY2026 10-K (Note: "Other expense (income), net" breakdown) reports interest income of $177,055K against total revenues of $13,579,476K — about 1.30% of revenue, below the 5% non-compliant income ceiling. (Other net components: FX gains −$16.2M, realized gains on investments −$0.6M, other −$35.7M.) Data-quality note: Zoya's public page claims interest income of "$0" — contradicted by the 10-K's $177,055K; the 10-K is authoritative and this page uses it. Gate 3 passes. Facts only.

Key figures used

Business: semiconductor process control and yield management — inspection/metrology equipment, Specialty Semiconductor Process, PCB & Component Inspection; services ≈23% of revenue; Milpitas, CA; TSMC >10% of revenue
10-for-1 stock split effective Jun 11, 2026 — figures on post-split basis
Total debt: $5,887.4M (long-term debt; $0 short-term) at Jun 30, 2026 — debt ÷ market cap ≈ 2.30% of ~$256.1B ($200.33, Oct 1, 2026), under the ~33% ceiling
Cash: $4,902.4M (cash & equivalents $1,649,842K + marketable securities $3,252,566K) ≈ 1.91% of market cap
Interest income: $177,055K vs FY2026 revenue $13,579,476K — ≈1.30% of revenue, under the 5% ceiling (Zoya's "$0" claim is contradicted by the 10-K)
Interest expense $284.4M (FY2026) — noted, not a screen input
Zoya: Shariah-compliant (Sep 2026); Musaffa: halal (Oct 2026); ShariaPortfolio: no rating found

Frequently asked questions

What does KLA do?

KLA Corporation (NASDAQ: KLAC), headquartered in Milpitas, California, supplies process control and yield management equipment and services for the semiconductor and related nano-electronics industries (10-K Item 1): advanced inspection, metrology and process-enabling tools for manufacturing wafers, reticles/masks, ICs, packaged ICs and PCBs, plus support services (services ≈ 23% of FY2026 revenue). It reports three segments: Semiconductor Process Control, Specialty Semiconductor Process (vacuum deposition and etch tools for MEMS, RF and power semiconductors) and PCB and Component Inspection. Customers include leading chipmakers (TSMC exceeded 10% of revenue in FY2024–2026). A 10-for-1 stock split took effect June 11, 2026; figures here are on the post-split basis.

Why does KLA pass this Shariah stock screen?

KLA passes all three gates of this screen. Its business is semiconductor process-control equipment — with no prohibited lines (no alcohol, gambling, pork, conventional banking/insurance, tobacco, weapons or adult entertainment). Total debt of $5,887.4M (long-term debt, $0 short-term) is about 2.30% of its ~$256.1B market cap, below the ~33% ceiling. Interest income of $177.1M is about 1.30% of FY2026 revenue ($13,579.5M), below the 5% non-compliant income ceiling. Zoya rates KLAC Shariah-compliant and Musaffa classifies it as halal. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

What is KLA's interest-bearing debt ratio?

Per KLA's FY2026 10-K (year ended June 30, 2026), long-term debt was $5,887,415K with no short-term debt or current-portion line on the balance sheet — so $5,887.4M is the total. Against a market cap of about $256.1B ($200.33, October 1, 2026), debt ÷ market cap is about 2.30% — below the ~33% ceiling. Cash and cash equivalents ($1,649,842K) plus marketable securities ($3,252,566K) total $4,902.4M, about 1.91% of market cap. Interest expense was $284.4M in FY2026 — reported for completeness, not a screen input.

What is KLA's non-compliant income ratio?

KLA's FY2026 10-K (Note: "Other expense (income), net" breakdown) reports interest income of $177,055K against total revenues of $13,579,476K — about 1.30% of revenue, below the 5% non-compliant income ceiling. (Other net components: FX gains −$16.2M, realized gains on investments −$0.6M, other −$35.7M.) Note: Zoya's public page claims interest income of "$0" — contradicted by the 10-K's $177,055K; the 10-K is authoritative and this page uses it.

Do Zoya, Musaffa, or ShariaPortfolio cover KLA?

Zoya covers KLAC (zoya.finance/stocks/klac): "As of September 2026, KLAC is Shariah-compliant and therefore considered halal to invest in" under AAOIFI guidelines — though its published interest-income figure ($0) is contradicted by the 10-K's $177,055K, so only the rating and the filing's numbers are used here. Musaffa covers KLAC (musaffa.com/stock/KLAC/): "As of October 2026, KLA Corp is classified as halal" under AAOIFI. ShariaPortfolio: no KLAC-specific public rating found in web search — honestly reported as absent, not invented. This page applies the screen directly from KLA's own filings.

Sources

Screened 2026-10-01 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).