BTQ Technologies Corp. Common Stock

BTQ: Is BTQ Technologies Corp. Common Stock Halal?

BTQ Technologies Corp. Common Stock

NASDAQTechnologyCA

$3.98

+3.92%

Market Cap: 564.3M

Compliance Status

Not Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is BTQ Technologies Corp. Common Stock (BTQ) halal? Not Halal. Based on AAOIFI screening, BTQ Technologies Corp. Common Stock passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates BTQ Technologies Corp. Common Stock (BTQ) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/BTQ

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.0% of 30.0% limit

What this means for you

Most scholars advise not holding BTQ

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About BTQ Technologies Corp. Common Stock

BTQ Technologies Corp. specializes in developing cutting-edge computer-based solutions for post-quantum cryptography, particularly for blockchain and related technological applications. Among its key offerings is PQScale, a scaling mechanism that utilizes zero-knowledge proofs to compress lattice-based post-quantum signatures, thereby optimizing speed and reducing costs. Another product, Keelung, provides an intuitive toolkit for zero-knowledge proof development, complete with a domain-specific language integrated into Haskell and a dedicated compiler. For hardware-accelerated zero-knowledge computations, the company offers Kenting. Additionally, BTQ provides Quantum Proof-of-Work (QPoW), an energy-efficient, next-generation consensus algorithm that leverages Noisy Intermediate Scale Quantum (NISQ) hardware to authorize blockchain transactions. The company's portfolio also features QRiNG, a toolkit for generating quantum random numbers; Preon, which lays the groundwork for a resilient, future-proof post-quantum signature scheme; and QByte, a quantum risk calculator. Founded in 1983, BTQ Technologies Corp. is headquartered in Vancouver, Canada.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

  1. Not Halalnow

    since Aug 2026

  2. Under Review

    until the change above

  3. Halal

    until the change above

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is BTQ Technologies Corp. Common Stock (BTQ) halal to invest in?
BTQ Technologies Corp. Common Stock (BTQ) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did BTQ Technologies Corp. Common Stock get a F compliance rating?
BTQ Technologies Corp. Common Stock (BTQ) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change BTQ Technologies Corp. Common Stock's Shariah verdict?
BTQ Technologies Corp. Common Stock'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 BTQ Technologies Corp. Common Stock re-screened for Shariah compliance?
BTQ Technologies Corp. Common Stock (BTQ) 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: Sep 1, 2026.

Screened according to AAOIFI Standard No. 21 · 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.