Is QXL halal?
Quantum X Labs Inc.
Halal
Quantum X Labs Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
3.879
Day
-0.54%
Market cap
$83.0M
Industry
Information Technology Services
Sector
Technology
What the company does
Quantum X Labs (Israel, formerly Viewbix) develops quantum-computing and quantum-sensing technology acquired in 2026; the legacy digital-advertising business still brings most of the revenue. The Yahoo label ('IT Services') is outdated.
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 $1.91M ÷ 36-month average market cap $26.37M = 7.2%
7.2%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $3.04M ÷ 36-month average market cap $26.37M = 11.5%
11.5%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $63K ÷ annual revenue $1.57M (2025) = 4.0%
4.0%
Pass
Figures from the company's filings (2026-06-30), 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: $83.04M.
For information (AAOIFI 3/1 note): cash + receivables are 9.8% of total assets (2026-06-30). 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% · #1212 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Information Technology Services — 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.