Share Your Feedback

Considering your experience with Sharlife so far, how likely are you to recommend us to a friend or colleague?
Not at all likely Extremely likely
(Optional)
GLW

Corning Incorporated

GLW Electronic technology
$78.1B
Market Cap

Shariah Analysis

Passed

Business Cash Liabilities

Based on AAOIFI screening standards, Corning Incorporated appears to be Passed.

Business Activity
FYE 2024
Non-Permissible Income (<5%) 0.40%
Non-Permissible
$47
Total Income
$13.2K
Revenue Breakdown
Net sales
$13.1K
Interest income
Non-Operating
$47
Non-Compliant: $47
Israel involvement

Israel Involvement

Total Funded
$47.0M
Employees in Israel
null
Companies Funded
1
Overview

Corning Inc develops and manufactures specialty glass and ceramics. The company provides glass for notebook computers, flat-panel desktop monitors, LCD televisions, and other information display applications; optical fiber, cable, hardware, and equipment products for the telecommunications industry; ceramic substrates for gasoline and diesel engines in automotive and heavy-duty vehicle markets; laboratory products for the scientific community and specialized polymer products for biotechnology applications; advanced optical materials for the semiconductor industry and the scientific community; and other technologies.One of Corning's strategic divisions is Corning Optical Communications Wireless Division, which has a branch and an established company in Israel. Corning began activities in Israel with the 2011 acquisition of MobileAccess. The Israeli subsidiary, now called Corning Optical Communications Wireless Ltd, was integrated into Corning Cable Systems (Corning's telecommunications business segment). Today, the Israeli subsidiary develops distributed antenna system solutions for wireless coverage inside buildings. In 2020, it was announced that the Israeli R&D center is developing the Small Cell technology that allows the use of Corning's hybrid optical cable, which incorporates copper wires, in a way that enables a stable power supply to the deployment site and helps communication operators to expand the 5G infrastructure.

Israeli Portfolio
MobileAccess Networks
MobileAccess Networks

Enterprise Wireless Solutions for Operators and Carriers

Raised: $47.04M 51-200

Market Data

Exchange NYSE NYSE
Currency USD
Country United States
Last Updated 2026-01-10

Disclaimer: Shariah screening is based on the latest available financial data. Market conditions and company activities may change. Always conduct your own due diligence.

Advertisement Banner