What is Quantum Corporation's Shariah compliance score?

Quantum Corporation (QMCO) has a Shariah compliance score of 95/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Quantum Corporation pass AAOIFI screening?

Quantum Corporation (QMCO) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (QMCO: 0.0%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Quantum Corporation stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Quantum Corporation (QMCO) using the latest financial data.

Where can I screen Quantum Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Quantum Corporation (QMCO) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about QMCO's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

QMCO: Is Quantum Corporation Halal?

Quantum Corporation

NASDAQTechnologyUS

$22.39

+3.85%

Market Cap: 881.6M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

A+

Excellent

95Score

Is Quantum Corporation (QMCO) halal? Halal. Based on AAOIFI screening, Quantum Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).

AvoidBorderlineClean

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

You can own QMCO

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened QMCO's prohibited income, but the exact share you would need to purify is part of Pro.

About Quantum Corporation

Quantum Corporation is a global technology provider, delivering specialized solutions for the storage and management of digital video and various forms of unstructured data across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company's offerings include: CatDV, a robust platform for media asset management (MAM) that streamlines workflows, automates processes, and enhances collaboration for organizations handling large volumes of digital media. StorNext software systems, designed to facilitate high-speed ingest, editing, processing, and comprehensive management of extensive digital video and imaging datasets. Scalar tape systems, which provide durable, long-term data storage for archiving and preserving digital content over many decades. DXi backup appliances, offering efficient backup storage and critical multi-site disaster recovery capabilities. A comprehensive portfolio for video surveillance and security, encompassing video recording servers, hyperconverged storage systems for management and recording, and appliances for analytics and access control. Object storage systems, serving as online repositories for diverse content such as media archives, genomic sequencing data, and large data lakes. Linear Tape-Open (LTO) tape cartridges and standalone LTO tape drives, specifically catering to small businesses and desktop users. Beyond its core products, Quantum also provides a range of services including managed services, customer support agreements, software subscriptions, professional installation, consulting, and training programs. The company distributes its products through an extensive network of partners, including distributors, value-added resellers (VARs), direct marketing resellers (DMRs), original equipment manufacturers (OEMs), and other suppliers, in addition to direct sales to corporate entities and government agencies. Established in 1980, Quantum Corporation maintains its headquarters in San Jose, California.

Sector: Technology · Industry: Computer Hardware

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2027Data source: EDGAR

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Frequently Asked Questions

Is Quantum Corporation (QMCO) halal to invest in?

Based on AAOIFI Standard 21 screening, Quantum Corporation (QMCO) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Quantum Corporation get a A+ compliance rating?

Quantum Corporation (QMCO) received a grade of A+ (Excellent) 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 Quantum Corporation's Shariah verdict?

Quantum Corporation'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 Quantum Corporation re-screened for Shariah compliance?

Quantum Corporation (QMCO) 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: Aug 26, 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.