TAIWANSMFAC DRN (TSMC34.SA) - Halal (Shariah-Compliant)
TAIWANSMFAC DRN (TSMC34.SA) is classified as Halal (Shariah-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
- Pass
- Reason
- The sector "Technology" and industry "Semiconductors" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.9% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 6.6% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 2.8% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 2.77%.Based on the company's financial statements, approximately 2.77% of dividend income should be donated to charity for purification. This is derived from identified interest income (2.77% of total income). Some scholars may differ on the exact calculation method.
About TAIWANSMFAC DRN
Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides various wafer fabrication processes, such as processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others. The company also involved in providing customer and engineering support services; manufacturing of masks; investment in technology start-up companies; research, designing, developing, manufacturing, packaging, testing, and sale of color filters; and investment activities. Its products are used in high performance computing, smartphones, Internet of things, automotive, and digital consumer electronics. Taiwan Semiconductor Manufacturing Company Limited was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.
Frequently Asked Questions
Is TAIWANSMFAC DRN (TSMC34.SA) stock halal to invest in?
According to AAOIFI Shariah screening standards, TAIWANSMFAC DRN (TSMC34.SA) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.