ICG Shariah Compliance
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Intchains Group Ltd. Stock Analysis ICG
Intchains Group Ltd. is an ASIC chip design company, which engages in providing integrated solutions consisting of high-performance ASIC chips, and ancillary software and hardware for blockchain applications. The company is headquartered in Shanghai, Shanghai. The company went IPO on 2023-03-16. The firm utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The firm had built a technology platform named Xihe. The firm has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.
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Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.