Is Quebec Innovative Materials Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Quebec Innovative Materials Corp (QIMC.CN) is currently classified as NOT HALAL as of April 2026. 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 Quebec Innovative Materials Corp 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 Quebec Innovative Materials Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Quebec Innovative Materials Corp?

Muslim investors may consider investing in Quebec Innovative Materials Corp 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 Quebec Innovative Materials Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Quebec Innovative Materials Corp 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 Quebec Innovative Materials Corp updated?

The Shariah compliance status of Quebec Innovative Materials Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Quebec Innovative Materials Corp 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 Quebec Innovative Materials Corp?

You can check the latest Shariah compliance status of Quebec Innovative Materials Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

QIMC.CN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 12, 2026

Report Source: 2026 1st Quarter Report

Quebec Innovative Materials Corp. Stock Analysis QIMC.CN

Canada N/A Micro Cap Report: Q1, 2026

Quebec Innovative Materials Corp. engages in the acquisition and exploration of properties for hydrogen gas and mineral resources. The company is focused on supplying resources which are essential for advanced batteries and the electrification of the green economy. The company has a 100% interest in the Charlevoix Silica Property near Clermont, Quebec, Canada, and the River Valley Silica Property near Sudbury, Canada, as well as the Ville Marie Hydrogen Property in the Temiscamingue area of Quebec. The company also performs pilot processing on industrial minerals, refining processes to create custom products. The River Valley Silica Property is a high purity quartzite vein with historical assays indicating it comprises highly pure quartz. Ville Marie Hydrogen Property is an industrial mineral temiscaming Property with a unique geology and prospective for naturally occurring hydrogen and helium. Charlevoix Silica Property is 100% owned by the Company.

Key Statistics of Quebec Innovative Materials Corp (QIMC.CN)

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

Today's Range

CAD1.76CAD2.06

Today's Open

CAD0.69

Volume

1.31M

P/E Ratio (TTM)

52 Week Range

CAD0.13CAD2.37

Market Cap

97.78M

Avg. Volume

993.59K

Dividend Yield

Financial Metrics & Statements of Quebec Innovative Materials Corp (QIMC.CN)

FAQ's for Quebec Innovative Materials Corp (QIMC.CN)

According to Musaffa’s Shariah screening methodology, Quebec Innovative Materials Corp (QIMC.CN) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.