Hoku Corp. engages in the provision of solar energy products and services. The company is headquartered in Honolulu, Hawaii and currently employs 129 full-time employees. The company went IPO on 2005-08-05. The firm focused on the design and development of fuel cell technologies, including Hoku membrane electrode assemblies (MEAs) and Hoku Membranes. The firm has three business units: Hoku Materials and Hoku Solar. The Company’s solar integration business focuses on the turnkey delivery of commercial, industrial and utility-scale PV projects, both roof- and ground-mounted. Hoku Corporation installed the first 16 out of a planned total order of 28 Siemens-process reactors at the Polysilicon Plant. The firm is a provider in PV system installations. The company focuses on designing, engineering and installing turnkey PV systems and related services in Hawaii using solar modules purchased from third-party suppliers. As of March 31, 2011, it produced polysilicon using two of the 16 reactors. The primary purpose of the testing was to confirm system integrity and validate operating procedures.
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As of August 2026, Hoku Corp HOKUQ is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Hoku Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Hoku 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.
Musaffa determines the Shariah status of Hoku Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Hoku Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Hoku Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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