Is QUICKLOGIC Corp (QUIK) Halal?

NASDAQ Technology United States $165M
✓ HALAL
Confidence: 95/100
QUICKLOGIC Corp (QUIK) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 14.7% against the AAOIFI threshold of 30%, QUICKLOGIC Corp comfortably passes the key financial ratio tests. The company operates in the Technology sector (Semiconductors), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 14.7%
/ 30%
14.7%
/ 30%
3.4%
/ 30%
0.0%
/ 5%
✓ HALAL
DJIM 14.7%
/ 33%
14.7%
/ 33%
3.4%
/ 33%
0.0%
/ 5%
✓ HALAL
MSCI 42.1%
/ 33%
42.1%
/ 33%
9.9%
/ 33%
0.0%
/ 5%
✗ NOT HALAL
S&P 14.7%
/ 33%
14.7%
/ 33%
3.4%
/ 33%
0.0%
/ 5%
✓ HALAL
FTSE 42.1%
/ 33%
42.1%
/ 33%
9.9%
/ 50%
0.0%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.76
P/B Ratio
6.5
EV/EBITDA
-35.1
EV: $162M
Revenue
$20M
Growth: -34.6%
Beta
0.7
Low volatility
Current Ratio
1.2

Profitability

Gross Margin 35.3%
Operating Margin -93.5%
Net Margin -56.7%
Return on Equity (ROE) -42.1%
Return on Assets (ROA) -11.5%

Cash Flow & Balance Sheet

Operating Cash Flow$27,000
Free Cash Flow-$6M
Total Debt$22M
Debt-to-Equity81.3
Current Ratio1.2
Total Assets$52M

Price & Trading

Last Close$9.62
50-Day MA$8.29
200-Day MA$6.75
Avg Volume185K
Beta0.7
52-Week Range
$4.26
$10.20

About QUICKLOGIC Corp (QUIK)

CEO
Mr. Brian C. Faith
Employees
59
Sector
Technology
Industry
Semiconductors
Country
United States
Exchange
NASDAQ
Market Cap
$165M
Currency
USD

QuickLogic Corporation operates as a fabless semiconductor company. The company offers embedded FPGA intellectual property, low power, multicore semiconductor system-on-chips, discrete FPGAs, and AI software; and end-to-end artificial intelligence/machine learning solution with accurate sensor algorithms using AI technology. It also provides various products, such as software tools, and eFPGA IP enables the practical and efficient field programmability for aerospace and defense, consumer/industrial IoT, and consumer electronics markets. In addition, the company engages in the eFPGA IP Licensing business and associated professional services, consisting of development and integration of eFPGA technology into custom semiconductor solutions. Further, the company offers silicon products, such as EOS, QuickAI, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II products; Software as a Service (SaaS) subscriptions; and PASIC 3 and QuickRAM, as well as programming hardware and design software services. The company markets and sells its products to defense industrial base contractors, the U.S. government entities, system OEMs, and fabless semiconductor companies through a network of sales managers and distributors in North America, Europe, and the Asia Pacific. QuickLogic Corporation was founded in 1988 and is headquartered in San Jose, California.

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Frequently Asked Questions

Is QUICKLOGIC Corp (QUIK) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), QUICKLOGIC Corp 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 QUICKLOGIC Corp's debt ratio?

QUICKLOGIC Corp's debt ratio is 14.7% 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 42.1%.

What are QUICKLOGIC Corp's key financial metrics?

QUICKLOGIC Corp has a market capitalization of $165M, and revenue of $20M. The company maintains a gross margin of 35.3% and a net margin of -56.7%. Return on equity stands at -42.1%.

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.