Is Quantum Computing Inc. (QUBT) Halal?

NASDAQ Technology United States $1.5B
✗ NOT HALAL
Confidence: 90/100
Quantum Computing Inc. (QUBT) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 113.4% exceeds the 5% threshold allowed under AAOIFI. Quantum Computing Inc. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.1%
/ 30%
4.6%
/ 30%
0.0%
/ 30%
113.4%
/ 5%
✗ NOT HALAL
DJIM 0.1%
/ 33%
4.6%
/ 33%
0.0%
/ 33%
113.4%
/ 5%
✗ NOT HALAL
MSCI 0.8%
/ 33%
51.4%
/ 33%
0.0%
/ 33%
113.4%
/ 5%
✗ NOT HALAL
S&P 0.1%
/ 33%
4.6%
/ 33%
0.0%
/ 33%
113.4%
/ 5%
✗ NOT HALAL
FTSE 0.8%
/ 33%
51.4%
/ 33%
0.0%
/ 50%
113.4%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.11
P/B Ratio
0.9
EV/EBITDA
-8.2
EV: $381M
Revenue
$682,000
Growth: 219.4%
Beta
3.6
High volatility
Current Ratio
102.4

Profitability

Gross Margin 9.8%
Operating Margin -11220.2%
Net Margin 0.0%
Return on Equity (ROE) -2.2%
Return on Assets (ROA) -3.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$30M
Free Cash Flow-$37M
Total Debt$2M
Debt-to-Equity0.2
Current Ratio102.4
Total Assets$1.6B

Price & Trading

Last Close$7.12
50-Day MA$8.75
200-Day MA$13.95
Avg Volume14.0M
Beta3.6
52-Week Range
$5.76
$25.84

About Quantum Computing Inc. (QUBT)

CEO
Dr. Yuping Huang Ph.D.
Employees
72
Sector
Technology
Industry
Computer Hardware
Country
United States
Exchange
NASDAQ
Market Cap
$1.5B
Currency
USD

Quantum Computing Inc., an integrated photonics company, provides quantum machines to commercial and government markets in the United States. The company develops thin-film lithium niobate chips for optical devices, such as electro-optical modulators, periodically poled devices for frequency conversion, and micro-ring resonator cavities markets. It is also developing the entropy quantum computer (EQC), a quantum application of Core Photonics Technology, designed to solve complex optimization problems. In addition, the company offers Emucore, a reservoir computing machine that can be reprogrammed after manufacturing and optimized for recurrent neural network applications; Neurawave, a photonics based reservoir computer; LiDAR, which allows machines to see through dense fog and provide image fidelity at great distances in environments, such as snow, ice, and water; the quantum photonic vibrometer, an instrument for remote vibration detection, sensing, and inspection; and quantum networks and quantum authentication products. The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2001 and is based in Hoboken, New Jersey.

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Frequently Asked Questions

Is Quantum Computing Inc. (QUBT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Quantum Computing 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 Quantum Computing Inc.'s debt ratio?

Quantum Computing Inc.'s debt ratio is 0.1% 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 0.8%.

What are Quantum Computing Inc.'s key financial metrics?

Quantum Computing Inc. has a market capitalization of $1.5B, and revenue of $682,000. Return on equity stands at -2.2%.

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.