Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is TE Connectivity plc (TEL) Halal?

PASS

TE Connectivity plc · NYSE: TEL · Technology

The short answer

Yes - TE Connectivity plc (TEL) passes this Shariah stock screen on all three gates. TE Connectivity, the Irish-domiciled connectivity and sensor products maker (Transportation Solutions and Industrial Solutions; Q3 fiscal 2026 net sales $5,160M, quarter ended June 26, 2026) - none of its segments involve prohibited activities, so the business gate passes. Total interest-bearing debt of $5,632M is about 9.2% of its roughly $61.2B market cap (October 2026), well under the ~33% ceiling. Separately disclosed interest income of $21M on $5,160M of Q3 sales is about 0.41% of revenue, well under the 5% non-compliant income ceiling. Musaffa independently rates TEL HALAL (October 2026); Zoya does not appear to cover it. This is a financial screening only, not a religious ruling.

Gate 1 — Business activity: PASS

TE Connectivity plc (NYSE: TEL), an Irish-domiciled company (CEO Terrence Curtin; ~90,000 employees including ~10,000 engineers across 130 countries; S&P 500 member), designs and manufactures connectivity and sensor products - connectors, terminals, relays, sensors, antennas, cable assemblies, and circuit-protection devices. Per its filings (Q3 fiscal 2026 Form 10-Q, quarter ended June 26, 2026, filed July 22, 2026; figures cross-verified via stocktitan's and Morningstar's filing transcriptions), it reports two segments: Transportation Solutions (automotive, commercial transportation, sensors; Q3 sales $2,580M, +6.7%) and Industrial Solutions (digital data networks $813M +34%, energy $516M +34%, automation and connected living $664M +16%, aerospace, defense and marine $419M +12%, medical $168M; Q3 sales $2,580M, +21.9%). Q3 fiscal 2026 net sales were $5,160M, up 13.8% year over year, with record orders of $5.7 billion. No segment involves alcohol, tobacco, gambling, weapons manufacturing, adult entertainment, pork products, or conventional finance. Gate 1: PASS - core business contains no prohibited activities.

Gate 2 — Debt and cash: PASS

Per TE Connectivity's Q3 fiscal 2026 Form 10-Q Consolidated Balance Sheet (June 26, 2026; $ millions; cross-verified via stocktitan's and Morningstar's filing transcriptions), total interest-bearing debt was: short-term debt $102M + long-term debt $5,530M = $5,632M. Operating lease liabilities, pension obligations, and other non-debt liabilities were excluded. Against a market cap of roughly $61.2B (live quotes October 2026: $61.2B at $211.08 per ad-hoc-news September 30, 2026; $61.86B at $213.67 per stockopedia; $60.81B per danelfin; $61.43B per thestockobserver), the ratio is $5,632M / ~$61,200M = about 9.2% - well below the ~33% ceiling. Cash and cash equivalents were $1,239M, about 2.0% of market cap. Gate 2: PASS.

Gate 3 — Non-compliant income: PASS

TE Connectivity's consolidated statements of operations separately disclose an 'Interest income' line. For Q3 fiscal 2026 (quarter ended June 26, 2026): interest income $21M on net sales of $5,160M - about 0.41% of revenue. For the first nine months of fiscal 2026: interest income $67M on net sales of $14,573M - about 0.46% of revenue. Both periods are well below the 5% non-compliant income ceiling. (Figures from the Q3 fiscal 2026 Form 10-Q, filed July 22, 2026; $ millions; cross-verified via stocktitan's and Morningstar's filing transcriptions.) Gate 3: PASS.

Key figures used

Frequently asked questions

What does TE Connectivity do?

TE Connectivity plc (NYSE: TEL) designs and manufactures connectivity and sensor products - connectors, terminals, relays, sensors, antennas, cable assemblies, and circuit-protection devices - used to transmit power, data, and signals. It reports two segments: Transportation Solutions (automotive, commercial transportation, and sensors) and Industrial Solutions (digital data networks, energy, automation and connected living, aerospace, defense and marine, and medical). In Q3 fiscal 2026 (quarter ended June 26, 2026) it posted net sales of $5,160 million, up 13.8% year over year, with record orders of $5.7 billion. The Irish-domiciled company employs about 90,000 people, including 10,000 engineers, across 130 countries.

Why does TE Connectivity pass this Shariah stock screen?

TE Connectivity passes all three gates of this screen. Gate 1: its core business - connectivity and sensor components for transportation and industrial applications - contains no prohibited activities; no segment involves alcohol, tobacco, gambling, weapons manufacturing, adult entertainment, pork, or conventional finance. Gate 2: total interest-bearing debt of $5,632 million is about 9.2% of its roughly $61.2 billion market cap (October 2026), well under the ~33% ceiling. Gate 3: separately disclosed interest income of $21 million on $5,160 million of Q3 fiscal 2026 net sales is about 0.41% of revenue, well under the 5% non-compliant income ceiling.

What is TE Connectivity's interest-bearing debt ratio?

Per TE Connectivity's Q3 fiscal 2026 Form 10-Q (quarter ended June 26, 2026; filed July 22, 2026; figures in $ millions; cross-verified via stocktitan's and Morningstar's filing transcriptions), short-term debt was $102 million and long-term debt was $5,530 million, for total interest-bearing debt of $5,632 million. Against a market capitalization of roughly $61.2 billion (live quotes, October 2026), the debt-to-market-cap ratio is about 9.2% - well below the ~33% ceiling this screen applies. Operating-lease and pension liabilities were excluded, as the screen only counts interest-bearing borrowings.

How much interest income does TE Connectivity earn?

TE Connectivity separately discloses an 'Interest income' line on its consolidated statements of operations: $21 million for Q3 fiscal 2026 against net sales of $5,160 million (about 0.41% of revenue), and $67 million for the first nine months of fiscal 2026 against net sales of $14,573 million (about 0.46% of revenue). Both are well under the 5% non-compliant income ceiling. Cash and cash equivalents of $1,239 million are about 2.0% of market cap.

Do Zoya, Musaffa, or ShariaPortfolio cover TE Connectivity?

Of the three third-party Shariah screeners checked, Musaffa classifies TEL as HALAL as of October 2026 (AAOIFI methodology). Zoya does not appear to cover TE Connectivity - its stock-page URL returns a not-found page. No ShariaPortfolio stock page for TEL was found in search. Third-party coverage is reported here for reference only; this screen's PASS result comes from the company's own filed financials as documented above.

Sources

Screened 2026-10-02 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).