SEALSQ Corp (LAES) - Not Halal (Non-Compliant)
SEALSQ Corp (LAES) 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
- Semiconductors
- Result
- Doubtful
- Reason
- This company requires further review: description mentions: military. The sector "Technology" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 0.8% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 59.3% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 33.7% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 33.68%.Based on the company's financial statements, approximately 33.68% of dividend income should be donated to charity for purification. This is derived from identified interest income (33.68% of total income). Some scholars may differ on the exact calculation method.
About SEALSQ Corp
SEALSQ Corp, together with its subsidiaries, designs, develops, and markets semiconductors in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers semiconductors, such as VaultIC secure elements, quantum-resistant RISC-V secure chips, secure ARM platform, and smart card reader chips; custom chip design services; and other PKI services, including personal digital identity services. The company also provides semiconductors secure chips, SaaS, software and INeS certificate management platform, implementation, integration and other services, and ASIC design and production services. Additionally, it develops WISeRobot.ch, a platform human and artificial intelligence collaboration. It serves smart energy, smart home, automotive EV charging, consumer IoT, aerospace and military telecommunications, industry, logistics, medical, and luxury sectors. It has a strategic partnership with L5 Cartronics to develop secure multi-package IoT modules for smart cameras and smart metering. The company was founded in 2022 and is headquartered in Cointrin, Switzerland. SEALSQ Corp operates as a subsidiary of WISeKey International Holding AG.

