Is Magnachip Semiconductor Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Magnachip Semiconductor Corp (MX) is currently classified as NOT HALAL as of March 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 Magnachip Semiconductor 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 Magnachip Semiconductor Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Magnachip Semiconductor Corp?

Muslim investors may consider investing in Magnachip Semiconductor 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 Magnachip Semiconductor Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Magnachip Semiconductor 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 Magnachip Semiconductor Corp updated?

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

Can a halal stock like Magnachip Semiconductor 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 Magnachip Semiconductor Corp?

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

MX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 18, 2026

Report Source: 2025 Annual Report

Magnachip Semiconductor Corp. Stock Analysis MX

United States Information Technology Micro Cap Report: 2025 Annual

Magnachip Semiconductor Corp. engages in the design and manufacture of analog and mixed-signal platform solutions for communications, Internet of Things (IoT), consumer, computing, industrial, and automotive applications. The company is headquartered in Seoul, Seoul and currently employs 711 full-time employees. The company went IPO on 2011-03-10. The firm's solutions are used in different applications, including industrial, automotive, communication, consumer and computing. The firm develops and manufactures power discrete products and develops power integrated circuit (IC) products. The firm's power discrete products include metal oxide semiconductor field effect transistors (MOSFETs) and insulated-gate bipolar transistors (IGBTs). The firm's power IC products include alternating current to direct current (AC-DC) and DC-DC converters, light emitting diode (LED) drivers, regulators, power management integrated circuits (PMICs) as well as level shifters.

Key Statistics of Magnachip Semiconductor Corp (MX)

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

Today's Range

$4.02$4.50

Today's Open

$4.12

Volume

1.63M

P/E Ratio (TTM)

52 Week Range

$2.18$5.64

Market Cap

148.68M

Avg. Volume

2.36M

Dividend Yield

Financial Metrics & Statements of Magnachip Semiconductor Corp (MX)

FAQ's for Magnachip Semiconductor Corp (MX)

According to Musaffa’s Shariah screening methodology, Magnachip Semiconductor Corp (MX) is currently classified as NOT HALAL as of March 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.