Quantum Solar Power Corp. engages in the business of developing and commercializing next generation solar power technology under the name Next Generation Device, a patent pending, technology that utilizes a new approach to solar power conversion with the potential to remove the necessity of utilizing expensive silicon semiconductor based technologies. The company is headquartered in Vancouver, British Columbia and currently employs 0 full-time employees. The company went IPO on 2007-09-11. The firm is engaged in the research, development and marketing of solar power generation devices utilizing the Company's technology (the Next Generation Device (NGD) Technology) for photovoltaic devices that do not use silicon or other, rare earth elements. The firm conducts all of its research and development on a contractual basis with Simon Fraser University. Its NGD Technology is a technology and proof of concept prototype for producing solar power without the necessity of utilizing silicon-based absorber components or other rare earth elements.
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As of August 2026, Quantum Solar Power Corp QSPW is classified as not covered 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 Quantum Solar Power Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Quantum Solar Power 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.
Musaffa determines the Shariah status of Quantum Solar Power Corp 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 Quantum Solar Power Corp 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 Quantum Solar Power Corp 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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