Is QNME halal?
Quanome Technologies, Inc.
Halal
Quanome Technologies, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
0.5210
Day
-8.45%
Market cap
$20.7M
Industry
Integrated Freight & Logistics
Sector
Industrials
What the company does
Quanome Technologies (formerly Lakeside Holding) provides cross-border freight forwarding and supply-chain services between the US and China (air/ocean freight, warehousing, customs). Its money comes from freight-service fees; renamed in August 2026.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $358K ÷ 36-month average market cap $19.64M = 1.8%
1.8%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $1.30M ÷ 36-month average market cap $19.64M = 6.6%
6.6%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-03-31), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $20.69M.
For information (AAOIFI 3/1 note): cash + receivables are 95.0% of total assets (2026-03-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #1360 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Integrated Freight & Logistics — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.