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Shariah compliance overview

Not Halal

Daqo New Energy Corp. (DQ) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Daqo New Energy Corp.

Daqo New Energy Corp., operating with its subsidiaries, is engaged in the production and supply of polysilicon to companies manufacturing photovoltaic products across the People's Republic of China.

Daqo New Energy Corp. (DQ) operates in the Technology sector, in the Semiconductors industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing securities and assets.

Business Activity
4.75%Limit 5%Pass
Interest-bearing debt
0.00%Limit 30%Pass
Interest-bearing securities and assets
150.14%Limit 30%Fail
Dividend purification
4.75%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Daqo New Energy Corp. (DQ). Current Akinda screening label: Not Halal.