Clean TeQ Water Ltd CNQ.AX
AUD0.76 AUD0.05 (5.63%) 1D
Last Updated: Sep 15, 12:00 AM·ASX
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Is Clean TeQ Water Ltd Stock Halal?
Shariah Compliance Analysis of CNQ.AX Stock
Australia Industrials Nano Cap Yes. As of September 2026, Clean TeQ Water Ltd (CNQ.AX) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Clean TeQ Water Ltd passes Musaffa's business and financial screening criteria.
Clean TeQ Water Ltd. provides water purification and recycling solutions. The company is a global technology company, specializing in providing economic and environmentally sustainable solutions to address critical issues related to freshwater scarcity, mine tailings, and metal recovery. Its technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. Its core markets include water and wastewater recycling, lithium production, and the remining and rehabilitation of mine tailings. Its technologies include CIF (continuous ionic filtration), HIROX (ultra-high recovery RO), DESALX (membrane free desalination), BIOCLENS (lens encapsulated bacteria), BIONEX (complete nutrient removal), and EVAPX (low energy evaporation and crystallization), among others. Its solutions include ammonia removal, boron removal, hardness removal, sulphate removal, uranium removal, and others. The company has a presence in locations, including Melbourne, Perth, Darwin, Beijing, and others.
CNQ.AX Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Clean TeQ Water Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Clean TeQ Water Ltd (CNQ.AX) Chart
Financial Metrics & Statements of Clean TeQ Water Ltd (CNQ.AX)
FAQ's for Clean TeQ Water Ltd (CNQ.AX)
- As of September 2026, Clean TeQ Water Ltd CNQ.AX is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Clean TeQ Water Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Clean TeQ Water Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Clean TeQ Water Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Clean TeQ Water Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Clean TeQ Water Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Clean TeQ Water Ltd (CNQ.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
