Is Daqo New Energy Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Daqo New Energy Corp (DQ) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Daqo New Energy Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Daqo New Energy Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Daqo New Energy Corp?

Muslim investors may consider investing in Daqo New Energy Corp if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Daqo New Energy Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Daqo New Energy Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Daqo New Energy Corp updated?

The Shariah compliance status of Daqo New Energy Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Daqo New Energy Corp become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Daqo New Energy Corp?

You can check the latest Shariah compliance status of Daqo New Energy Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

DQ Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 16, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for Daqo New Energy Corp (DQ)

Based on 19 analysts giving stock ratings to Daqo New Energy Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Daqo New Energy Corp. Stock Analysis DQ

United States Information Technology Small Cap Report: 2025 Annual

Daqo New Energy Corp. is a holding company, which engages in the provision of polysilicon products. The company is headquartered in Shanghai, Shanghai and currently employs 3,842 full-time employees. The company went IPO on 2010-10-07. The firm utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The firm manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The firm offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling and solidification needs. The firm also offers wafers through its downstream photovoltaic product manufacturing business. The firm mainly conducts its businesses within domestic market.

Key Statistics of Daqo New Energy Corp (DQ)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$17.94$18.53

Today's Open

$18.30

Volume

669.94K

P/E Ratio (TTM)

52 Week Range

$12.83$36.59

Market Cap

1.35B

Avg. Volume

960.74K

Dividend Yield

Financial Metrics & Statements of Daqo New Energy Corp (DQ)

FAQ's for Daqo New Energy Corp (DQ)

According to Musaffa’s Shariah screening methodology, Daqo New Energy Corp (DQ) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.