Quantum eMotion Corp.

QNC: Is Quantum eMotion Corp. Halal?

Quantum eMotion Corp.

AMEXTechnologyCA

$2.39

-0.83%

Market Cap: 524.3M

Compliance Status

Not Halal

Screened on Aug 14, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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 QNC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Quantum eMotion Corp.

Quantum eMotion Corp. is a technology enterprise primarily dedicated to the advancement and commercialization of quantum random number generator (QRNG) technology. This firm concentrates its efforts on engineering secure communication tools for critical industries, including finance, banking, defense, mobile networks, and internet telecommunications. The company, which maintains its principal offices in Montreal, Canada, commenced operations on July 19, 2007.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 14, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

Tracked since Aug 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 Quantum eMotion Corp. (QNC) halal to invest in?
Quantum eMotion Corp. (QNC) 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 Quantum eMotion Corp. get a F compliance rating?
Quantum eMotion Corp. (QNC) 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 Quantum eMotion Corp.'s Shariah verdict?
Quantum eMotion Corp.'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 eMotion Corp. re-screened for Shariah compliance?
Quantum eMotion Corp. (QNC) 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 14, 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.