
POET: Is POET Technologies Inc. Halal?
POET Technologies Inc.
$12.15
+1.67%
Market Cap: 1.6B
Compliance Status
Doubtful
Screened on Jul 13, 2026 · AAOIFI Standard 21
Good
Is POET Technologies Inc. (POET) halal? Doubtful. Based on AAOIFI screening, POET Technologies Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 75/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own POET, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
About POET Technologies Inc.
POET Technologies Inc. is a company that creates, produces, and markets both individual and integrated optical-electronic systems, with operations spanning Canada, the United States, and Singapore. A key component of its portfolio is the POET Optical Interposer, an innovative platform designed to seamlessly combine electronic and photonic devices into a single multi-chip module. This integration is accomplished by employing advanced wafer-scale semiconductor manufacturing processes and sophisticated packaging methods. Additionally, the firm engineers various integrated photonic components. POET's solutions cater to a diverse range of industries, including data centers, telecommunications, the Internet of Things (IoT), industrial sensing, automotive LIDAR, medical imaging (specifically optical coherence tomography), and virtual reality systems. Established in 1972 and based in Toronto, Canada, the company rebranded as POET Technologies Inc. in June 2013, having previously been known as Opel Technologies Inc.
Sector: Technology · Industry: Semiconductors
Why This Stock Is Doubtful
- Interest-bearing deposits are 28.9% of market cap, only 1.1 points below the 30% limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Jun 2026
Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
Is POET Technologies Inc. (POET) halal to invest in?
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Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.