23

2303.TW

$138.00
Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.96%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

United Microelectronics Corporation (2303.TW) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

Market & analysts
Price target
$133.89
-3.0% · 23 analysts
Institutional own.
35.1%
of shares
COMPLIANT
Sharia compliance
0.96%
Non-permissible income — HTR, from filings (2025-12-31)
$133.89
Price target (-3.0%) · 23 analysts
35.1%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. 2303.TW files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass

RatioValueThresholdResult
Interest-bearing debt 4.28% 30.00% Pass
Interest-bearing investments 8.36% 30.00% Pass
Non-permissible income 0.96% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 11.60% 33.00% Pass
Interest-bearing investments 22.63% 33.00% Pass
Non-liquid assets 71.95% at least 20.00% Pass
Non-permissible income 0.96% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 11.60% 33.33% Pass
Cash + interest-bearing securities 22.63% 33.33% Pass
Accounts receivable 28.05% 33.33% Pass
Non-permissible income 0.96% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 11.60% 33.33% Pass
Cash + interest-bearing securities 22.63% 33.33% Pass
Accounts receivable 28.05% 50.00% Pass
Non-permissible income 0.96% 5.00% Pass

Dow Jones Islamic Market Pass

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 9.52% 33.00% Pass
Cash + interest-bearing securities 18.57% 33.00% Pass
Accounts receivable 4.45% 33.00% Pass
Non-permissible income 0.96% 5.00% Pass

S&P Shariah Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 10.54% 33.00% Pass
Cash + interest-bearing securities 20.56% 49.00% Pass
Accounts receivable 4.93% 49.00% Pass
Non-permissible income 0.96% 5.00% Pass

MSCI M-Series Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 10.54% 33.33% Pass
Cash + interest-bearing securities 20.56% 33.33% Pass
Accounts receivable 25.49% 49.00% Pass
Non-permissible income 0.96% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

175.50141.68107.8574.0340.212025-09-112026-03-202026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
136.00
S2
138.50
S1
140.50
PIVOT
143.00
R1
145.00
R2
147.50
R3
149.50

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
109.37 142.63
±13.2% from 126, made 2026-09-03 · resolves 2026-09-10
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21749 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsSTRONG BUY
3 buy · 3 neutral · 1 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)56.60NEUTRAL
Stochastic %K (14)73.68NEUTRAL
CCI (20)106.93SELL
Williams %R (14)-26.32NEUTRAL
MACD (12,26,9)2.16BUY
ROC (10)6.15BUY
Momentum (10)8.00BUY
EMA (10)135.06BUY
SMA (10)134.45BUY
EMA (20)131.19BUY
SMA (20)127.65BUY
EMA (30)130.18BUY
SMA (30)125.45BUY
EMA (50)129.08BUY
SMA (50)131.43BUY
EMA (100)120.02BUY
SMA (100)126.74BUY
EMA (200)92.54BUY
SMA (200)91.56BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About United Microelectronics Corporation

Technology · Semiconductors

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. It manufactures and sells integrated circuits. The company offers circuit design; mask tooling; wafer fabrication; and assembly and testing services for communication devices, consumer electronics, computer, and other applications. It also provides venture capital and marketing support; consulting and planning; energy technical; solar engineering integrated design; research and development services; and insurance services. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.

umc.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.