Is Sanan Optoelectronics Co Ltd Stock Halal?

Sanan Optoelectronics Co. Ltd. engages in the semiconductors industry. The firm primarily operates its businesses through two segments. The Compound Semiconductor Business segment is mainly engaged in the epitaxial wafer and wafer business involving new compound semiconductor materials such as gallium nitride, gallium arsenide, silicon carbide, indium phosphide, aluminum nitride, sapphire and others. The products include lighting emitting diode (LED) epitaxial chips, LED applications and integrated circuit chips. The Unallocated Amount segment is mainly engaged in the investment management business. The firm is also engaged in the sale of materials and waste materials, as well as the provision of other services such as leasing and property. The firm distributes its products within the domestic market and to overseas markets.