Is Clean TeQ Water Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Clean TeQ Water Ltd (CNQ.AX) is currently classified as HALAL as of July 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Clean TeQ Water Ltd a Shariah-compliant stock?

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.

Can Muslims buy shares of Clean TeQ Water Ltd?

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.

Why is Clean TeQ Water Ltd classified as HALAL?

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.

How often is the Shariah compliance for Clean TeQ Water Ltd updated?

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.

Can a halal stock like Clean TeQ Water Ltd become non-compliant?

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.

Where can I check the Shariah status of Clean TeQ Water Ltd?

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.

CNQ.AX Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 30, 2025

Report Source: 2025 2nd Quarter Report

Clean TeQ Water Ltd. Stock Analysis CNQ.AX

Australia Industrials Nano Cap Report: Q2, 2025

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.

Key Statistics of Clean TeQ Water Ltd (CNQ.AX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

AUD0.43AUD0.47

Today's Open

AUD0.47

Volume

256.52K

P/E Ratio (TTM)

52 Week Range

AUD0.15AUD0.60

Market Cap

34.94M

Avg. Volume

12.78K

Dividend Yield

Financial Metrics & Statements of Clean TeQ Water Ltd (CNQ.AX)

FAQ's for Clean TeQ Water Ltd (CNQ.AX)

According to Musaffa’s Shariah screening methodology, Clean TeQ Water Ltd (CNQ.AX) is currently classified as HALAL as of July 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.