Yes. As of October 2026, Loongson Technology Corp Ltd (688047.SS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Loongson Technology Corp Ltd passes Musaffa's business and financial screening criteria.
Loongson Technology Corp. Ltd. engages in the development and sale of processors and supporting chips. The company is headquartered in Beijing, Beijing and currently employs 977 full-time employees. The company went IPO on 2022-06-24. The chips developed by the company include three major series of processor chips, namely Loongson 1, Loongson 2, and Loongson 3, as well as supporting chips such as bridge chips. The firm has also developed basic operating systems, browsers, Java virtual machines, basic libraries, and other important foundational software. The firm also provides various development boards and software/hardware modules based on Loongson processors, as well as comprehensive technical support and services. The firm's products are mainly used in industries such as e-government, energy, transportation, and education.
Loongson Technology Corp Ltd 688047.SS
Last Updated: Oct 09, 12:00 AM·SSE
688047.SS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Loongson Technology Corp Ltd is classified as halal.
China Information Technology Mid Cap