Amtech Systems, Inc. (ASYS) - Not Halal (Non-Compliant)
Amtech Systems, Inc. (ASYS) is classified as Not Halal (Non-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: 7.8% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 36.1% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.30%.Based on the company's financial statements, approximately 0.30% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.30% of total income). Some scholars may differ on the exact calculation method.
About Amtech Systems, Inc.
Amtech Systems, Inc., together with its subsidiaries, manufactures and sells capital equipment and related consumables for use in fabricating and packaging semiconductor devices in the United States, Canada, Mexico, China, Malaysia, Taiwan, Singapore, the Czech Republic, Austria, Hungary, the United Kingdom, Germany, and internationally. It operates through Thermal Processing Solutions and Semiconductor Fabrication Solutions segments. The company offers thermal processing equipment for use in solder reflow operations for advanced semiconductor packaging and electronics assembly; belt furnaces for producing power semiconductor packaging substrates and electronic components; and horizontal diffusion furnaces for use in wafer processing. It also provides double-sided wafer cleaning systems, entegrity head testers, substrate carriers, substrate polishing templates, substrate process chemicals, wafer processing lubricants, and coolants under the Entrepix, PR Hoffman, and Intersurface Dynamics brands. In addition, the company offers, and entegrity head tester, and CMP parts and service. The company sells its products to semiconductor substrate, device, and electronic assembly manufacturers, as well as ceramics and optics industries through sales personnel and a network of independent sales representatives and distributors. Amtech Systems, Inc. was incorporated in 1981 and is headquartered in Tempe, Arizona.