What is Shin-Etsu Chemical Co., Ltd.'s Shariah compliance score?

Shin-Etsu Chemical Co., Ltd. (SHECY) has a Shariah compliance score of 73/100 (Grade: B+, Good). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Shin-Etsu Chemical Co., Ltd. pass AAOIFI screening?

Shin-Etsu Chemical Co., Ltd. (SHECY) passes AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. SHECY's debt-to-market-cap is 2.2%.

How much purification is needed for Shin-Etsu Chemical Co., Ltd.?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Shin-Etsu Chemical Co., Ltd. (SHECY) using the latest financial data.

Where can I screen Shin-Etsu Chemical Co., Ltd. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Shin-Etsu Chemical Co., Ltd. (SHECY) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

SHECYHalalB+

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Is Shin-Etsu Chemical (SHECY) Stock Halal?

Compliance Status

Halal

Screened on Oct 28, 2026 · AAOIFI Standard 21

B+

Good

73Score

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 73/100 (Grade: B+).

Quote this verdict

HalalScreener rates Shin-Etsu Chemical Co., Ltd. (SHECY) Halal, 73/100, grade B+ under AAOIFI Standard 21, screened Oct 28, 2026. Source: https://halalscreener.app/en/stock/SHECY

AvoidBorderlineClean

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%.

2.2% of 30.0% limit

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

You can own SHECY

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

Purification amount is Pro

We have screened SHECY's prohibited income, but the exact share you would need to purify is part of Pro.

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SHECY

Shin-Etsu Chemical Co., Ltd.

OTCBasic MaterialsJP

$18.67

Market Cap: 67.8B

Screened on a market cap of 11.1T

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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

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 28, 2026

AI Compliance InsightProSee plans

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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 2.2% (limit 30%); interest-bearing deposits within the 30% limit; prohibited income well clear of the 5% limit. 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 recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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) trades in the US as an ADR, so it is screened from the company's own financial statements in its home currency, currently those for fiscal year 2026, against its home-market market cap. It is re-screened about once a week. Last screened: Oct 28, 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.