Is Littelfuse (LFUS) Halal to invest in?

Is Littelfuse (LFUS) Halal to invest in?

How much of Littelfuse’s revenue comes from haram?

Littelfuse is an electronic manufacturing company that specializes in circuit protection, automotive sensors, and electronic switches.

The company earns its revenue through the following segments:

  • Electronics:

Includes revenue generated from the sale of electronic products including, circuit protection, power control, switches, and various other electronic products distributed through the company’s direct sales force.

  • Automotive:

Includes revenue generated from direct sales of electronic products to major automotive and commercial vehicle OEMs (Original Equipment Manufacturer).

  • Industrial:

Includes the sale of circuit protection products, temperature sensors, and relays through industrial distribution channels. 

The contributions from each of Littelfuse’s revenue segments in their 2020 annual report were as follows:

Practical Islamic Finance concludes:

None of Littelfuse’s revenue comes from anything inherently haram.

Does Littelfuse rely on interest to operate?

Littelfuse reports its interest income as a net value, including interest income, royalties, change in fair value of available-for-sale securities, pension non-service costs, and other non-operating expenses represented as Other Income (Net) and Other Expense (Net).

for period ended
Fiscal year
Fiscal year
Other Income (Net)
Total Revenue$987,282$1,445,695$1,503,873
Other Expense (Net including interest expense)$18,926$26,160$22,849
Total Expenses$814,514$1,283,323$1,311,082
Other Income (Net) / Revenue
Other Expense (Net) / Total Expense2.32%2.04%1.74%
*Numbers in thousands, U.S. dollars

Practical Islamic Finance concludes:

Riba is used but not relied upon in Littelfuse’s operations.

What is Littelfuse’s Environmental, Social, and Governance (ESG) impact?


No notable environmental highlights.


Littelfuse has a Glassdoor rating of 4.0 out of 5.0 from over 350 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.


No notable governance highlights.

Practical Islamic Finance concludes:

Littelfuse has a net positive ESG impact.

Comfort Rating

From Littelfuse’s business, financial, and ESG reviews, Practical Islamic Finance rates Littelfuse stock as:

Comfortable to invest in from a Halal perspective.


Littelfuse 2020 10-K

Littelfuse Q2 2021 10-Q

Littelfuse Reviews

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