Yes. As of September 2026, QumulusAI Inc (QMLS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. QumulusAI Inc passes Musaffa's business and financial screening criteria.
QumulusAI Inc is a US-based company operating in Software industry. The company is headquartered in Atlanta, Georgia. The company went IPO on 2026-07-16. QumulusAI, Inc. is a distributed artificial intelligence (AI) cloud platform that delivers accelerated access to high-performance graphics processing unit (GPU) compute. Its platform delivers customizable solutions for underserved small and mid-market customers, including machine learning teams, AI infrastructure startups, and research institutions, while also supporting the scale and complexity requirements of large enterprises. Its GPUs include B300 SXM6, B200 SXM, RTX Pro 6000, H200 SXM, H100 SXM, H100 NVL and L4. Its solutions include enterprise, research and AI startups. QumulusAI Cloud delivers access to shared and dedicated GPUs as well as bare metal clusters. Its QumulusAI cloud compute ecosystem combines proprietary software and cloud services, developed in collaboration with technology partners, to optimize AI workflows at scale. The company operates in multiple colocation data centers in Marietta, Georgia; Kansas City, Missouri; Denver, Colorado, and Philadelphia, Pennsylvania.
QumulusAI Inc QMLS
$5.90 $0.11 (1.90%) 1D
Last Updated: Sep 04, 12:00 AM·NASDAQ
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QMLS Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, QumulusAI Inc is classified as halal.
HALAL
Report Source: undefined Quarter Report
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FAQ's for QumulusAI Inc (QMLS)
As of September 2026, QumulusAI Inc QMLS 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 QumulusAI Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in QumulusAI Inc 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 QumulusAI Inc 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 QumulusAI Inc 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 QumulusAI Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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