Is Himax Technologies, Inc. (HIMX) halal? Doubtful. Based on AAOIFI screening, Himax Technologies, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 55/100 (Grade: C+).

Himax Technologies, Inc.

HIMX: Is Himax Technologies, Inc. Halal?

Doubtful

Himax Technologies, Inc.

NASDAQTechnologyTW

$17.85

+0.85%

Purify ~1.2% of income

About Himax Technologies, Inc.

Himax Technologies, Inc. functions as a fabless semiconductor firm, delivering advanced display processing and imaging technologies across a global operational footprint that includes China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company's business activities are categorized into two main divisions: Driver Integrated Circuits (ICs) and Non-Driver offerings. Within its Driver IC segment, Himax engineers and supplies display driver ICs alongside their crucial timing controllers. These components are vital for a vast array of electronic displays, such as those found in televisions, personal computers (laptops and monitors), mobile communication devices (smartphones and tablets), automotive systems (for vehicles and navigation), digital cameras, virtual reality devices, and various other consumer electronics. Beyond its display driver solutions, Himax's Non-Driver Products portfolio presents a diverse range of technological innovations. This includes controller chips for touch-sensitive displays, comprehensive single-chip solutions integrating in-cell touch with display driver capabilities (TDDI), and ICs for managing light-emitting diodes and power. Furthermore, Himax develops liquid crystal on silicon (LCoS) microdisplays, which are fundamental for augmented reality (AR) applications and head-up display systems in the automotive sector. This non-driver division also provides sophisticated complementary metal-oxide-semiconductor (CMOS) image sensors and wafer-level optical components. These are essential for cutting-edge technologies like augmented reality, advanced 3D sensing, and ultra-low power artificial intelligence (AI) image sensing. Their broad utility extends to numerous applications, including smartphones, tablets, laptops, televisions, PC cameras, automobiles, security systems, medical devices, smart home appliances, and Internet of Things (IoT) devices. Himax markets its display drivers and related display products primarily to panel manufacturers, authorized agents or distributors, module assembly facilities, and integration houses. Conversely, its specialized non-driver products are supplied to producers of camera modules, optical engine developers, and television system manufacturers. Established in 2001, Himax Technologies, Inc. maintains its corporate headquarters in Tainan City, Taiwan.

Sector: Technology 路 Industry: Semiconductors

Why This Stock Is Doubtful

  • Interest-bearing deposits are 27.4% of market cap, only 2.6 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 2026
C+

Fair

Some financial ratios approaching limits

55Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap19.2% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 16, 2026Fiscal: FY 2025Source: FMP

Purify Your HIMX Dividends

1.2% non-compliant income

HIMX has 1.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

3.1B

Price

$17.85

Sector

Technology

Industry

Semiconductors

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Frequently Asked Questions

Is Himax Technologies, Inc. (HIMX) halal to invest in?
Himax Technologies, Inc. (HIMX) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Himax Technologies, Inc. get a C+ compliance rating?
Himax Technologies, Inc. (HIMX) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 19.2% (limit 30%); interest-bearing deposits of 27.4% (limit 30%); prohibited income of 1.18% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Himax Technologies, Inc.'s Shariah verdict?
Himax Technologies, Inc.'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 Himax Technologies, Inc. re-screened for Shariah compliance?
Himax Technologies, Inc. (HIMX) 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: Jun 16, 2026.

Screened according to AAOIFI Standard No. 21 路 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.