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Is QUBT (Quantum Computing, Inc.) Halal or Haram?

NASDAQ Capital MarketTechnologyComputer Hardware$1.18B2026-02-25
QUBT is Doubtful3/4 screens passed

While QUBT passes the business activity and debt screening with an exceptionally low debt-to-market cap ratio of 0 .1%, it currently fails the financial ratios due to excessive interest income. The company reported interest income at 113 .40% of its revenue, significantly breaching the AAOIFI 5% threshold, likely due to low operating revenue relative to its cash holdings.

Price Chart (5D)

$10.20-1.70 (-14.29%)
2026-06-082026-05-29

QUBT — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-06-0810.3010.319.9510.183.0M-1.20%
2026-06-0510.9010.909.819.9621.7M-8.62%
2026-06-0411.0011.4110.7311.1917.5M+1.73%
2026-06-0311.9512.3511.1711.2022.1M-6.28%
2026-06-0212.2512.7011.8212.2525.5M+0.00%
2026-06-0111.6713.0011.0312.3932.3M+6.17%
2026-05-2912.0012.1011.4811.9621.4M-0.33%

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Shariah Screening Details for QUBT

Business Activity

Permissible

Quantum Computing, Inc. passes the business activity screen as its core revenue comes from permissible software tools like Qatalyst and quantum hardware access, involving no haram elements.

Debt / Market Cap

0.10%

Debt: $1.2MThreshold: ≤33%

Interest Income

113.40%

Interest: $423,000Threshold: ≤5%

Cash & Securities

6.66%

Cash: $78.9MThreshold: ≤33%

About Quantum Computing, Inc. (QUBT)

Quantum Computing, Inc. (QUBT) operates at the cutting edge of the technology sector, focusing on bridging the gap between classical and quantum computing. Their flagship product, Qatalyst, allows developers to build quantum-ready applications on standard computers today, while ensuring compatibility with future quantum hardware from providers like D-Wave, Rig etti, and IonQ. This positions them as a critical software layer for commercial and government entities looking to adopt quantum solutions without waiting for hardware maturity.

From a Shariah compliance perspective, QUBT is currently classified as 'Doubt ful' or non-compliant based on AAOIFI standards. While the company's core business of selling software and computing access is halal, it failed the interest-income screen significantly. Specifically, its interest income relative to total revenue was recorded at 113.40%, far exceeding the permissible 5% limit, which is a common temporary issue for pre -revenue or early-stage tech companies holding cash reserves.

Financially, the company shows strong discipline in other areas, passing the debt screen with a negligible debt-to-market cap ratio of just 0.1 %. This indicates they are not reliant on interest-bearing loans to fund operations, which is a positive sign for future compliance. However, until the company generates significant operating revenue to dilute its interest income percentage, or purifies its income structure, it remains flagged for Muslim investors.

Investors should monitor QUBT's upcoming earnings reports closely. As the company scales its commercial operations and begins generating substantial revenue from Qatalyst and its hardware services, the ratio of interest income to total revenue should naturally drop. Once that figure falls below 5%, the stock would likely move from 'Doubtful' to 'Compliant,' provided its debt levels remain low.

CEO

Yuping Huang

Employees

41

IPO Date

2007-02-01

Headquarters

Hoboken, VA, US

QUBT Key Financial Statistics

Revenue

$373,000

Net Income

$-68.5M

EPS (Diluted)

$-0.73

Stock Price

8.68

Beta

3.48

52-Week Range

4.373-25.84

Total Debt

$1.2M

Total Equity

$107.3M

Current Ratio

17.36

QUBT Financial Health & Profitability

Profit Margins

Gross Margin-988.2%
Operating Margin-6953.6%
Net Margin-18375.9%

Revenue Growth (YoY)

+4.2%

Prior year: $358,000

Net Cash

$77.8M

Cash: $78.9M — Debt: $1.2M

R&D Spending

$11.3M

% of Revenue

3034.3%

Frequently Asked Questions About QUBT

Is QUBT (Quantum Computing, Inc.) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, QUBT is classified as Doubtful. It passed 3 of 4 compliance screens. Some scholars may permit investing with income purification, while others advise avoiding it. We recommend consulting a qualified Islamic scholar before investing in QUBT.
What does Quantum Computing, Inc. do?
Quantum Computing, Inc. (QUBT) operates at the cutting edge of the technology sector, focusing on bridging the gap between classical and quantum computing. Their flagship product, Qatalyst, allows developers to build quantum-ready applications on standard computers today, while ensuring compatibility with future quantum hardware from providers like D-Wave, Rig etti, and IonQ. This positions them as a critical software layer for commercial and government entities looking to adopt quantum solutions without waiting for hardware maturity. From a Shariah compliance perspective, QUBT is currently classified as 'Doubt ful' or non-compliant based on AAOIFI standards. While the company's core business of selling software and computing access is halal, it failed the interest-income screen significantly. Specifically, its interest income relative to total revenue was recorded at 113.40%, far exceeding the permissible 5% limit, which is a common temporary issue for pre -revenue or early-stage tech companies holding cash reserves. Financially, the company shows strong discipline in other areas, passing the debt screen with a negligible debt-to-market cap ratio of just 0.1 %. This indicates they are not reliant on interest-bearing loans to fund operations, which is a positive sign for future compliance. However, until the company generates significant operating revenue to dilute its interest income percentage, or purifies its income structure, it remains flagged for Muslim investors. Investors should monitor QUBT's upcoming earnings reports closely. As the company scales its commercial operations and begins generating substantial revenue from Qatalyst and its hardware services, the ratio of interest income to total revenue should naturally drop. Once that figure falls below 5%, the stock would likely move from 'Doubtful' to 'Compliant,' provided its debt levels remain low. Quantum Computing, Inc. operates in the Technology sector under the Computer Hardware industry and is headquartered in Hoboken, VA, US. The company is led by CEO Yuping Huang and employs approximately 41 people.
What screening criteria were used for QUBT?
QUBT was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. QUBT passed 3 of these 4 screens.
When was QUBT last screened?
QUBT was last screened on 2026-02-25. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.

Disclaimer

This shariah compliance assessment for QUBT (Quantum Computing, Inc.) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-02-25.

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