POET Technologies Inc.

POET: Is POET Technologies Inc. Halal?

POET Technologies Inc.

NASDAQTechnologyCA

$12.15

+1.67%

Market Cap: 1.6B

Compliance Status

Doubtful

Screened on Jul 13, 2026 · AAOIFI Standard 21

B+

Good

75Score

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.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.7% of 30.0% limit

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

AAOIFI Standard 21Updated Jul 13, 2026

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is POET Technologies Inc. (POET) halal to invest in?
POET Technologies Inc. (POET) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did POET Technologies Inc. get a B+ compliance rating?
POET Technologies Inc. (POET) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%); interest-bearing deposits of 28.9% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change POET Technologies Inc.'s Shariah verdict?
POET Technologies Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is POET Technologies Inc. re-screened for Shariah compliance?
POET Technologies Inc. (POET) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 13, 2026.

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.