Is LIQTECH INTERNATIONAL INC (LIQT) Halal?

NASDAQ Industrials Denmark $19M
✗ NOT HALAL
Confidence: 90/100
LIQTECH INTERNATIONAL INC (LIQT) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 86.4% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. LIQTECH INTERNATIONAL INC operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 86.4%
/ 30%
79.5%
/ 30%
29.7%
/ 30%
1.22%
/ 5%
✗ NOT HALAL
DJIM 86.4%
/ 33%
79.5%
/ 33%
29.7%
/ 33%
1.22%
/ 5%
✗ NOT HALAL
MSCI 36.4%
/ 33%
33.5%
/ 33%
12.5%
/ 33%
1.22%
/ 5%
✗ NOT HALAL
S&P 86.4%
/ 33%
79.5%
/ 33%
29.7%
/ 33%
1.22%
/ 5%
✗ NOT HALAL
FTSE 36.4%
/ 33%
33.5%
/ 33%
12.5%
/ 50%
1.22%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.89
P/B Ratio
1.7
EV/EBITDA
-4.1
EV: $27M
Revenue
$17M
Growth: -8.2%
Beta
1.1
Average volatility
Current Ratio
3.4

Profitability

Gross Margin 7.6%
Operating Margin -85.8%
Net Margin -51.7%
Return on Equity (ROE) -63.7%
Return on Assets (ROA) -17.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$6M
Free Cash Flow-$7M
Total Debt$13M
Debt-to-Equity128.7
Current Ratio3.4
Total Assets$27M

Price & Trading

Last Close$1.78
50-Day MA$1.65
200-Day MA$1.96
Avg Volume12K
Beta1.1
52-Week Range
$1.22
$3.35

About LIQTECH INTERNATIONAL INC (LIQT)

CEO
Ms. Fei Chen
Employees
92
Sector
Industrials
Industry
Pollution & Treatment Controls
Country
Denmark
Exchange
NASDAQ
Market Cap
$19M
Currency
USD

LiqTech International, Inc., together with its subsidiaries, engages in the design, development, production, marketing, and sale of automated filtering solutions and systems in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It operates through three segments: Systems and Aftermarket; Filters and Membranes; and Components. The company offers silicon carbide ceramic filtration technologies for liquid and gas purification, including hybrid technology membranes and aqua solutions; and diesel particulate filters for exhaust emission control solutions under the LiqTech brand name. It also provides liquid filtration systems and solutions for pool and spa water, produced water, marine water treatment for dual fuel engine vessels, and industrial applications. In addition, the company is involved in plastics manufacturing comprising machining, welding, bending, and solvent cementing. It sells its products through direct sales, systems integrators, distributors, agents, and partners. The company was founded in 2000 and is headquartered in Ballerup, Denmark.

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Frequently Asked Questions

Is LIQTECH INTERNATIONAL INC (LIQT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), LIQTECH INTERNATIONAL INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is LIQTECH INTERNATIONAL INC's debt ratio?

LIQTECH INTERNATIONAL INC's debt ratio is 86.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 36.4%.

What are LIQTECH INTERNATIONAL INC's key financial metrics?

LIQTECH INTERNATIONAL INC has a market capitalization of $19M, and revenue of $17M. The company maintains a gross margin of 7.6% and a net margin of -51.7%. Return on equity stands at -63.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.