Is MAGNACHIP SEMICONDUCTOR Corp (MX) Halal?

NYSE Technology South Korea $105M
✗ NOT HALAL
Confidence: 90/100
MAGNACHIP SEMICONDUCTOR Corp (MX) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 30.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. MAGNACHIP SEMICONDUCTOR Corp 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 30.7%
/ 30%
140.1%
/ 30%
33.2%
/ 30%
3.78%
/ 5%
✗ NOT HALAL
DJIM 30.7%
/ 33%
140.1%
/ 33%
33.2%
/ 33%
3.78%
/ 5%
✗ NOT HALAL
MSCI 8.0%
/ 33%
36.5%
/ 33%
8.7%
/ 33%
3.78%
/ 5%
✗ NOT HALAL
S&P 30.7%
/ 33%
140.1%
/ 33%
33.2%
/ 33%
3.78%
/ 5%
✗ NOT HALAL
FTSE 8.0%
/ 33%
36.5%
/ 33%
8.7%
/ 50%
3.78%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.39
P/B Ratio
0.4
EV/EBITDA
-2.6
EV: $48M
Revenue
$179M
Growth: -20.7%
Beta
0.9
Average volatility
Current Ratio
4.1

Profitability

Gross Margin 17.6%
Operating Margin -30.7%
Net Margin -16.6%
Return on Equity (ROE) -5.4%
Return on Assets (ROA) -5.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$24M
Free Cash Flow-$54M
Total Debt$47M
Debt-to-Equity18.9
Current Ratio4.1
Total Assets$352M

Price & Trading

Last Close$2.84
50-Day MA$2.86
200-Day MA$3.07
Avg Volume333K
Beta0.9
52-Week Range
$2.18
$4.57

About MAGNACHIP SEMICONDUCTOR Corp (MX)

CEO
Mr. Camillo Martino
Employees
711
Sector
Technology
Industry
Semiconductors
Country
South Korea
Exchange
NYSE
Market Cap
$105M
Currency
USD

Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, monitors, notebook PCs, tablet PC and TVs, liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, level shifter, and other consumer electronics, as well as for power suppliers, e-bikes, photovoltaic inverters, LED lighting, and motor drives; and OLED display driver integrated circuit products. It serves consumer, computing, communication, automotive and industrial electronics OEMs, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, and Europe. The company sells its products through a direct sales force and a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2003 and is based in Cheongju-si, South Korea.

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Frequently Asked Questions

Is MAGNACHIP SEMICONDUCTOR Corp (MX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MAGNACHIP SEMICONDUCTOR Corp 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 MAGNACHIP SEMICONDUCTOR Corp's debt ratio?

MAGNACHIP SEMICONDUCTOR Corp's debt ratio is 30.7% 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 8.0%.

What are MAGNACHIP SEMICONDUCTOR Corp's key financial metrics?

MAGNACHIP SEMICONDUCTOR Corp has a market capitalization of $105M, and revenue of $179M. The company maintains a gross margin of 17.6% and a net margin of -16.6%. Return on equity stands at -5.4%.

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.