Is Quipt Home Medical Corp. (QIPT) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 73.4% / 30% | 8.0% / 30% | 21.4% / 30% | 0.19% / 5% | ✗ NOT HALAL |
| DJIM | 73.4% / 33% | 8.0% / 33% | 21.4% / 33% | 0.19% / 5% | ✗ NOT HALAL |
| MSCI | 41.9% / 33% | 4.6% / 33% | 12.2% / 33% | 0.19% / 5% | ✗ NOT HALAL |
| S&P | 73.4% / 33% | 8.0% / 33% | 21.4% / 33% | 0.19% / 5% | ✗ NOT HALAL |
| FTSE | 41.9% / 33% | 4.6% / 33% | 12.2% / 50% | 0.19% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 72.4% | |
| Operating Margin | 1.5% | |
| Net Margin | -4.0% | |
| Return on Equity (ROE) | -9.3% | |
| Return on Assets (ROA) | -0.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $38M |
| Free Cash Flow | $25M |
| Total Debt | $119M |
| Debt-to-Equity | 102.3 |
| Current Ratio | 1.0 |
| Total Assets | $283M |
Price & Trading
| Last Close | $0.00 |
| 50-Day MA | $3.60 |
| 200-Day MA | $2.77 |
| Avg Volume | 417K |
| Beta | 0.5 |
|
52-Week Range
$1.35
| |
About Quipt Home Medical Corp. (QIPT)
Quipt Home Medical Corp., through its subsidiaries, engages in the provision of durable and home medical equipment and supplies in the United States. The company offers nebulizers; invasive ventilation; and sleep apnea and pap treatment, home ventilation, equipment solutions, daily and ambulatory aids, power mobility, respiratory equipment rental, oxygen therapy services. It also provides solutions that supports patients dealing with heart and pulmonary disease, reduced mobility, obesity, and other chronic health conditions. The company was formerly known as Protech Home Medical Corp. and changed its name to Quipt Home Medical Corp. in May 2021. Quipt Home Medical Corp. is headquartered in Wilder, Kentucky.
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Frequently Asked Questions
Is Quipt Home Medical Corp. (QIPT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Quipt Home Medical Corp. 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 Quipt Home Medical Corp.'s debt ratio?
Quipt Home Medical Corp.'s debt ratio is 73.4% 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 41.9%.
What are Quipt Home Medical Corp.'s key financial metrics?
Quipt Home Medical Corp. has a market capitalization of $162M, and revenue of $245M. The company maintains a gross margin of 72.4% and a net margin of -4.0%. Return on equity stands at -9.3%.
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.