Is Qnity Electronics, Inc. (Q) Halal?

NYSE Technology United States $23.4B
✓ HALAL
Confidence: 95/100
Qnity Electronics, Inc. (Q) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 17.4% against the AAOIFI threshold of 30%, Qnity Electronics, Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Semiconductor Equipment & Materials), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 17.4%
/ 30%
4.0%
/ 30%
4.3%
/ 30%
0.27%
/ 5%
✓ HALAL
DJIM 17.4%
/ 33%
4.0%
/ 33%
4.3%
/ 33%
0.27%
/ 5%
✓ HALAL
MSCI 28.6%
/ 33%
6.5%
/ 33%
7.1%
/ 33%
0.27%
/ 5%
✓ HALAL
S&P 17.4%
/ 33%
4.0%
/ 33%
4.3%
/ 33%
0.27%
/ 5%
✓ HALAL
FTSE 28.6%
/ 33%
6.5%
/ 33%
7.1%
/ 50%
0.27%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
33.9
Forward: 25.6
EPS
$3.30
Dividend Yield
13.0%
Payout: 1.8%
P/B Ratio
3.3
EV/EBITDA
19.6
EV: $27.3B
Revenue
$4.8B
Growth: 8.1%
Current Ratio
1.9

Profitability

Gross Margin 46.2%
Operating Margin 20.4%
Net Margin 14.6%
Return on Equity (ROE) 8.0%
Return on Assets (ROA) 4.8%

Cash Flow & Balance Sheet

Operating Cash Flow$1.3B
Free Cash Flow$988M
Total Debt$4.0B
Debt-to-Equity61.4
Current Ratio1.9
Total Assets$14.1B

Price & Trading

Last Close$112.78
50-Day MA$109.03
200-Day MA$96.77
Avg Volume2.5M
52-Week Range
$70.50
$140.60

About Qnity Electronics, Inc. (Q)

CEO
Mr. Jon D. Kemp
Employees
10,000
Sector
Technology
Industry
Semiconductor Equipment & Materials
Country
United States
Exchange
NYSE
Market Cap
$23.4B
Currency
USD

Qnity Electronics, Inc. provides materials and solutions to the semiconductor and electronics industries in the United States, rest of Americas, Europe, the Middle East, Africa, Asia Pacific, China, South Korea, Taiwan, and internationally. The company operates in two segments, Semiconductor Technologies and Interconnect Solutions. Its Semiconductor Technologies segment offers chemical mechanical planarization (CMP) pads and slurries, photoresists, functional sub-layers, advanced overcoats, post-CMP cleaners, post-etch residue removers, and emerging cleans. The Interconnect Solutions segment provides copper pillar plating, copper redistribution layer, solder bump plating, under bump metallization, photoresists, packaging dielectrics, gap fillers, phase change, specialty thermal interface materials, thermally conductive insulators, copper playing solutions, dry film photoresists, and laminates and polyimide films. The company was formerly known as Novus SpinCo 1, Inc. and changed its name to Qnity Electronics, Inc. in April 2025. The company was incorporated in 2024 and is headquartered in Wilmington, Delaware.

Purification Calculator

As a halal stock with 0.27% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Qnity Electronics, Inc. (Q) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Qnity Electronics, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Qnity Electronics, Inc.'s debt ratio?

Qnity Electronics, Inc.'s debt ratio is 17.4% 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 28.6%.

Does Qnity Electronics, Inc. require dividend purification?

Yes, Qnity Electronics, Inc. has an impermissible income ratio of 0.27%, which means 0.27% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Qnity Electronics, Inc.'s key financial metrics?

Qnity Electronics, Inc. has a market capitalization of $23.4B, trailing P/E ratio of 33.9, and revenue of $4.8B. The company maintains a gross margin of 46.2% and a net margin of 14.6%. Return on equity stands at 8.0%.

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.