What is Sociedad Química y Minera de Chile S.A.'s Shariah compliance score?

Sociedad Química y Minera de Chile S.A. (SQM) has a Shariah compliance score of 63/100 (Grade: B, Acceptable) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Sociedad Química y Minera de Chile S.A. pass AAOIFI screening?

Sociedad Química y Minera de Chile S.A. (SQM) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (SQM: 21.2%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Sociedad Química y Minera de Chile S.A. stock?

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 exact percentage and amount for Sociedad Química y Minera de Chile S.A. (SQM) using the latest financial data.

Where can I screen Sociedad Química y Minera de Chile S.A. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Sociedad Química y Minera de Chile S.A. (SQM) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about SQM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

SQM: Is Sociedad Química y Minera de Chile S.A. Halal?

Sociedad Química y Minera de Chile S.A.

NYSEBasic MaterialsCL

$71.95

-0.69%

Market Cap: 20.6B

Compliance Status

Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

Acceptable

63Score

Is Sociedad Química y Minera de Chile S.A. (SQM) halal? Halal. Based on AAOIFI screening, Sociedad Química y Minera de Chile S.A. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 63/100 (Grade: B).

Quote this verdict

HalalScreener rates Sociedad Química y Minera de Chile S.A. (SQM) Halal, 63/100, grade B under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/SQM

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

21.2% of 30.0% limit

What this means for you

You can own SQM

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

Purification amount is Pro

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

About Sociedad Química y Minera de Chile S.A.

Sociedad Química y Minera de Chile S.A., commonly known as SQM, is a major global producer and distributor of a diverse array of chemical and mineral products. Its extensive offerings include specialized plant nutrition solutions, iodine and its various chemical compounds, lithium and its derivatives, potassium chloride and sulfate, and a range of industrial chemicals, alongside other related products and services. Among its key agricultural products are specialty plant nutrients like potassium nitrate, sodium nitrate, and sodium potassium nitrate, as well as customized blends and advanced fertilizers. The company also manufactures iodine and its derivatives, which are widely utilized across medical, pharmaceutical, agricultural, and industrial sectors. These applications encompass crucial ingredients for x-ray contrast agents, polarizing films essential for LCD and LED displays, various antiseptics, biocides, and disinfectants, components for pharmaceutical synthesis, electronic materials, and elements vital for pigments and dyes. Furthermore, SQM supplies lithium carbonates, which are indispensable for numerous applications. These range from electrochemical materials critical for battery manufacturing, frits for the ceramic and enamel industries, and specialized heat-resistant glass, to chemicals used in air conditioning systems, continuous casting powders for steel extrusion, and processing agents for primary aluminum smelting. Lithium carbonates are also employed in pharmaceuticals and as an ingredient in gunpowder production, in addition to serving as a base for other lithium derivatives. Additionally, the company provides lithium hydroxide, valued for its role in the lubricating greases industry and as a key material for battery cathodes. The company's portfolio extends to potassium chloride and potassium sulfate, which are essential for cultivating various crops such as corn, rice, sugar cane, soybeans, and wheat. SQM also produces industrial chemicals including sodium nitrate, potassium nitrate, potassium chloride, and solar salts, alongside a variety of other fertilizers and custom blends. With a significant global footprint, SQM operates across Chile, Latin America and the Caribbean, Europe, North America, and Asia. Sociedad Química y Minera de Chile S.A. was incorporated in 1968 and is headquartered in Santiago, Chile.

Sector: Basic Materials · Industry: Chemicals - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

Halalnow
since Aug 2026
Doubtful
until the change above
Halal
until the change above
Doubtful
until the change above
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 Sociedad Química y Minera de Chile S.A. (SQM) halal to invest in?

Based on AAOIFI Standard 21 screening, Sociedad Química y Minera de Chile S.A. (SQM) is rated Halal with a compliance grade of B (Acceptable). 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 Sociedad Química y Minera de Chile S.A. get a B compliance rating?

Sociedad Química y Minera de Chile S.A. (SQM) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 21.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Sociedad Química y Minera de Chile S.A.'s Shariah verdict?

Sociedad Química y Minera de Chile S.A.'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 Sociedad Química y Minera de Chile S.A. re-screened for Shariah compliance?

Sociedad Química y Minera de Chile S.A. (SQM) 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: Aug 31, 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.