Is ON halal?
ON Semiconductor Corporation
Halal
ON Semiconductor Corporation passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
72.02
Day
-2.28%
Market cap
$28.76B
Industry
Semiconductors
Sector
Technology
What the company does
ON Semiconductor (onsemi) makes power and sensor chips: silicon-carbide chips for EVs, image sensors for car cameras and industrial power chips. Its money comes from chip sales.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $4.46B ÷ 36-month average market cap $26.92B = 16.6%
16.6%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $3.86B ÷ 36-month average market cap $26.92B = 14.4%
14.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $95.10M ÷ annual revenue $6.00B (2025) = 1.6%
1.6%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $28.76B.
For information (AAOIFI 3/1 note): cash + receivables are 35.3% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.04% weight · #318 of 503
- Among halal stocks
- 0.04% · #231 of 1454
- Held by funds
- SPUS 0.08% · SPTE 0.08% · HLAL 0.08%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $94.54
- Lee AinslieMaverick Capital$754K0.0%
Halal stocks in the same industry
The largest halal stocks in Semiconductors — for comparison.
Related articles
- Halal investingBlogHow to calculate purification for a halal stockEven a halal company earns a little interest. A simple formula and worked example for how much of your dividend to give to charity.
- GuideBlogDividends, zakat and tax: a practical guide for US stock holdersHow much US tax is withheld from dividends, what to declare in Uzbekistan, and how zakat on shares is calculated — with one worked example.
- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.