Kulicke and Soffa Industries, I (KLIC) - Halal (Shariah-Compliant)
Kulicke and Soffa Industries, I (KLIC) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Technology
- Industry
- Semiconductor Equipment & Materials
- Result
- Pass
- Reason
- The sector "Technology" and industry "Semiconductor Equipment & Materials" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.9% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 12.1% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 3.5% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.45%.Based on the company's financial statements, approximately 3.45% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.45% of total income). Some scholars may differ on the exact calculation method.
About Kulicke and Soffa Industries, I
Kulicke and Soffa Industries, Inc. designs, manufactures, and sells capital equipment and consumables in China, the United States, Taiwan, Malaysia, Japan, the Philippines, Korea, Hong Kong, and internationally. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company provides services used to assemble semiconductor devices, such as integrated circuits, power discretes, light-emitting diode (LEDs), and sensors. It also offers ball bonding equipment, wafer level bonding equipment, and wedge-related bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares, and services for equipment. In addition, the company services, maintains, repairs, and upgrades equipment; and sells consumable aftermarket solutions and services. It serves integrated device manufacturers, outsourced wedge and wedge semiconductor assembly and test providers, other electronics manufacturers, foundry service providers, and automotive electronics suppliers primarily in the United States and the Asia/Pacific region. The company was founded in 1951 and is headquartered in Singapore.