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Is COHR (Coherent, Inc.) Halal or Haram?

New York Stock ExchangeTechnologyHardware, Equipment & Parts$48.20B2026-04-29
COHR is Halal4/4 screens passed

Coherent easily passes all AAOIFI shariah criteria, making it a fully compliant investment option. The company maintains an exceptionally clean balance sheet with a Debt/Market Cap ratio of just 8.1% and Cash & Securities at 1.9%, both well below the 33% limits. Furthermore, it generates zero interest income, perfectly aligning with Islamic finance principles.

Price Chart (5D)

$329.66-8.79 (-2.60%)
2026-05-012026-04-24

COHR — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-05-01317.01335.48310.58329.504.6M+3.94%
2026-04-30310.00321.14301.18319.716.2M+3.13%
2026-04-29308.46311.48298.09304.936.9M-1.14%
2026-04-28304.50312.52291.00303.976.4M-0.17%
2026-04-27330.50333.93309.44321.536.2M-2.71%
2026-04-24337.36343.77326.34336.095.3M-0.38%
2026-04-23342.95356.88326.23337.686.1M-1.54%

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Shariah Screening Details for COHR

Business Activity

Permissible

Coherent's core business of manufacturing lasers, precision optics, and laser-based systems for commercial and scientific research is a permissible, hardware-focused enterprise with no haram elements.

Debt / Market Cap

8.08%

Debt: $3.89BThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

1.89%

Cash: $909.2MThreshold: ≤33%

About Coherent, Inc. (COHR)

Coherent, Inc. is a leading technology company that designs and manufactures lasers, precision optics, and laser-based system solutions. Operating through its OEM Laser Sources and Industrial Lasers & Systems segments, its products are essential for microelectronics manufacturing, materials processing, and scientific research.

For Muslim investors looking at the hardware sector, Coherent represents a solid, shariah-compliant opportunity. The stock successfully passes all four AAOIFI screening criteria, meaning its core business activities and financial structures align entirely with Islamic principles.

From a financial perspective, Coherent stands out for its minimal reliance on interest-bearing debt, boasting a Debt to Market Cap ratio of just 8.1%. Additionally, the company generates 0.00% of its revenue from interest-bearing activities, ensuring your investment remains exceptionally clean and free from riba.

Since there are no major scholarly debates regarding the permissibility of laser technology and precision hardware, investors can feel confident in this stock. However, as with any equity, Muslims should monitor future acquisitions or shifts in debt levels in upcoming quarterly reports to ensure ongoing compliance.

CEO

James Robert Anderson

Employees

26,157

IPO Date

1987-10-02

Headquarters

Santa Clara, CA, US

COHR Key Financial Statistics

Revenue

$5.81B

Net Income

$49.4M

EPS (Diluted)

$-0.52

Stock Price

303.97

Beta

1.91

52-Week Range

61.05-364.8

Total Debt

$3.89B

Total Equity

$8.13B

Current Ratio

2.19

COHR Financial Health & Profitability

Profit Margins

Gross Margin35.4%
Operating Margin9.4%
Net Margin0.8%

Revenue Growth (YoY)

+23.4%

Prior year: $4.71B

Net Debt

$2.98B

Cash: $909.2M — Debt: $3.89B

R&D Spending

$581.9M

% of Revenue

10.0%

Frequently Asked Questions About COHR

Is COHR (Coherent, Inc.) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, COHR is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (8.08% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (1.89% vs ≤33% threshold).
What does Coherent, Inc. do?
Coherent, Inc. is a leading technology company that designs and manufactures lasers, precision optics, and laser-based system solutions. Operating through its OEM Laser Sources and Industrial Lasers & Systems segments, its products are essential for microelectronics manufacturing, materials processing, and scientific research. For Muslim investors looking at the hardware sector, Coherent represents a solid, shariah-compliant opportunity. The stock successfully passes all four AAOIFI screening criteria, meaning its core business activities and financial structures align entirely with Islamic principles. From a financial perspective, Coherent stands out for its minimal reliance on interest-bearing debt, boasting a Debt to Market Cap ratio of just 8.1%. Additionally, the company generates 0.00% of its revenue from interest-bearing activities, ensuring your investment remains exceptionally clean and free from riba. Since there are no major scholarly debates regarding the permissibility of laser technology and precision hardware, investors can feel confident in this stock. However, as with any equity, Muslims should monitor future acquisitions or shifts in debt levels in upcoming quarterly reports to ensure ongoing compliance. Coherent, Inc. operates in the Technology sector under the Hardware, Equipment & Parts industry and is headquartered in Santa Clara, CA, US. The company is led by CEO James Robert Anderson and employs approximately 26,157 people.
What screening criteria were used for COHR?
COHR was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. COHR passed 4 of these 4 screens.
Does COHR require income purification?
COHR has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.
When was COHR last screened?
COHR was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.

Disclaimer

This shariah compliance assessment for COHR (Coherent, Inc.) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-04-29.

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