CTS Corporation

CTS: Is CTS Corporation Halal?

CTS Corporation

NYSETechnologyUS

$59.39

-1.10%

Market Cap: 1.7B

Compliance Status

Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

A

Very Good

88Score

Is CTS Corporation (CTS) halal? Halal. Based on AAOIFI screening, CTS Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 88/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

7.2% of 30.0% limit

What this means for you

You can own CTS

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.4% of your income from CTS

That is about $0.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About CTS Corporation

CTS Corporation is a global enterprise specializing in the production and distribution of vital electronic components, such as sensors, actuators, and connectivity solutions, with operations spanning North America, Europe, and Asia. Its extensive product line includes specialized sensors and actuators developed for both passenger and commercial vehicles. Additionally, CTS provides advanced connectivity components crucial for telecommunications infrastructure, information technology networks, and other high-speed applications. The company also offers a broad array of switches, temperature sensors, and potentiometers, serving various industries. Furthermore, it fabricates piezoelectric materials and substrates primarily utilized in demanding sectors like medical, industrial, aerospace and defense, and information technology. CTS effectively markets and sells its offerings through a multi-faceted approach, leveraging its internal sales engineers, independent manufacturers' representatives, and an established network of distributors. The company, which traces its origins back to 1896, currently maintains its corporate headquarters in Lisle, Illinois.

Sector: Technology · Industry: Hardware, Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is CTS Corporation (CTS) halal to invest in?
Based on AAOIFI Standard 21 screening, CTS Corporation (CTS) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did CTS Corporation get a A compliance rating?
CTS Corporation (CTS) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 7.2% (limit 30%); interest-bearing deposits of 4.8% (limit 30%); prohibited income of 0.36% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change CTS Corporation's Shariah verdict?
CTS Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is CTS Corporation re-screened for Shariah compliance?
CTS Corporation (CTS) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 16, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.