Shin-Etsu Chemical Co., Ltd.

SHECY: Is Shin-Etsu Chemical Co., Ltd. Halal?

Shin-Etsu Chemical Co., Ltd.

OTCBasic MaterialsJP

$21.27

-1.85%

Market Cap: 79.1B

Compliance Status

Halal

Screened on Jul 24, 2026 · AAOIFI Standard 21

B+

Good

75Score

Is Shin-Etsu Chemical Co., Ltd. (SHECY) halal? Halal. Based on AAOIFI screening, Shin-Etsu Chemical Co., Ltd. passes both qualitative (business activity) and quantitative (financial ratio) screens 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%.

2.0% of 30.0% limit

What this means for you

You can own SHECY

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Shin-Etsu Chemical Co., Ltd.

Shin-Etsu Chemical Co., Ltd. engages in the manufacture and sale of industrial chemicals. Its operations are carried out through the following segments: Living Environment Basic Materials Business, Electronic Materials Business, Functional Materials Business, and Processing, Trading and Technical Services Business. The Living Environment Basic Materials Business segment engages in the manufacture and sale of polyvinyl chloride resin, caustic soda, etc. The Electronic Materials Business segment involves in the manufacture and sale of semiconductor silicon, rare earth magnets, photoresists, mask blanks, and synthetic quartz products. The Functional Materials Business segment engages in the manufacture and sale of silicones, cellulose derivatives, and silicon metal. The Processing, Trading and Technical Services Business segment provides various services including Shin-Etsu Polymer Group businesses and engineering. The company was founded on September 16, 1926 and is headquartered in Tokyo, Japan.

Sector: Basic Materials · Industry: Chemicals - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 24, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2026Data source: FMP-ADR
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Frequently Asked Questions

Is Shin-Etsu Chemical Co., Ltd. (SHECY) halal to invest in?
Based on AAOIFI Standard 21 screening, Shin-Etsu Chemical Co., Ltd. (SHECY) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Shin-Etsu Chemical Co., Ltd. get a B+ compliance rating?
Shin-Etsu Chemical Co., Ltd. (SHECY) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Shin-Etsu Chemical Co., Ltd.'s Shariah verdict?
Shin-Etsu Chemical Co., Ltd.'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 Shin-Etsu Chemical Co., Ltd. re-screened for Shariah compliance?
Shin-Etsu Chemical Co., Ltd. (SHECY) 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 24, 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.