Is ASE Technology Holding Co., Ltd. (ASX) Halal?

NYSE Technology Taiwan $47.0B
✗ NOT HALAL
Confidence: 83/100
ASE Technology Holding Co., Ltd. (ASX) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 436.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. ASE Technology Holding Co., Ltd. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 436.0%
/ 30%
185.9%
/ 30%
265.6%
/ 30%
N/A ✗ NOT HALAL
DJIM 436.0%
/ 33%
185.9%
/ 33%
265.6%
/ 33%
N/A ✗ NOT HALAL
MSCI 27.2%
/ 33%
11.6%
/ 33%
16.6%
/ 33%
N/A ✓ HALAL
S&P 436.0%
/ 33%
185.9%
/ 33%
265.6%
/ 33%
N/A ✗ NOT HALAL
FTSE 27.2%
/ 33%
11.6%
/ 33%
16.6%
/ 50%
N/A ✓ HALAL

Financial Highlights

P/E Ratio
38.4
Forward: 17.9
EPS
$0.56
Dividend Yield
166.0%
Payout: 58.3%
P/B Ratio
8.7
EV/EBITDA
2.5
EV: $284.0B
Revenue
$645.4B
Growth: 9.6%
Beta
1.2
Average volatility
Current Ratio
1.3

Profitability

Gross Margin 17.7%
Operating Margin 9.9%
Net Margin 6.3%
Return on Equity (ROE) 11.6%
Return on Assets (ROA) 3.9%

Cash Flow & Balance Sheet

Operating Cash Flow$142.2B
Free Cash Flow-$23.6B
Total Debt$263.7B
Debt-to-Equity70.6
Current Ratio1.3
Total Assets$889.3B

Price & Trading

Last Close$21.43
50-Day MA$21.60
200-Day MA$14.77
Avg Volume7.8M
Beta1.2
52-Week Range
$6.94
$25.29

About ASE Technology Holding Co., Ltd. (ASX)

CEO
Mr. Hung-Pen Chang
Employees
105,955
Sector
Technology
Industry
Semiconductors
Country
Taiwan
Exchange
NYSE
Market Cap
$47.0B
Currency
USD

ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, EMS, and Others segments. The company offers semiconductor packaging, interconnect materials production, front-end engineering testing, wafer probing, and final testing services, as well as integrated solutions for EMS (electronic manufacturing services) in relation to computing, peripherals, communications, industrial, automotive, and server applications. It also provides turnkey services, such as packaging, testing, and direct shipment of semiconductors to end users; wire bonding, including lead frame and substrate-based packages; advanced packages; heterogeneous integration; and other test-related services. In addition, the company engages in the leasing of properties; development, construction, sale, and management of real estate properties; management of parking lot; leasing of properties for shopping center; and management of commercial complex services and department store trading activities, as well as offers social, marketing and sales, information software, leasing and investing, and after-sales and sales support services. Further, it engages in the substrates production; investment advisory and warehousing management; design and manufacturing of electronic components and new electronic applications; technical advisory; management, training, and consulting of organization and human resources; projection of plastic; manufacture and sale of antennas, RF amplifiers and wave straps, PCBs, and tuners; and research and development activities. The company was founded in 1984 and is based in Kaohsiung, Taiwan.

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Frequently Asked Questions

Is ASE Technology Holding Co., Ltd. (ASX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ASE Technology Holding Co., Ltd. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is ASE Technology Holding Co., Ltd.'s debt ratio?

ASE Technology Holding Co., Ltd.'s debt ratio is 436.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 27.2%.

What are ASE Technology Holding Co., Ltd.'s key financial metrics?

ASE Technology Holding Co., Ltd. has a market capitalization of $47.0B, trailing P/E ratio of 38.4, and revenue of $645.4B. The company maintains a gross margin of 17.7% and a net margin of 6.3%. Return on equity stands at 11.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.