Quartix Technologies PLC QTX.L
GBX237.50
Last Updated: Oct 08, 12:00 AM·LSE
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Is Quartix Technologies PLC Stock Halal?
Shariah Compliance Analysis of QTX.L Stock
United Kingdom Information Technology Micro Cap Yes. As of October 2026, Quartix Technologies PLC (QTX.L) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Quartix Technologies PLC passes Musaffa's business and financial screening criteria.
Quartix Technologies Plc engages in the design, development, marketing and delivery of vehicle telematics services. The company is headquartered in Cambridge, Cambridgeshire and currently employs 178 full-time employees. The company went IPO on 2014-11-06. The principal activity of the Company is the design, development, marketing and delivery of vehicle telematics services. The firm provides an integrated tracking and telematics data analysis solution for fleets of commercial vehicles that is designed to improve productivity and lower costs by capturing, analyzing and reporting vehicle and driver data. Its solutions include global positioning system (GPS) Vehicle Tracking, Driver Behavior, Driver ID, Fleet Management Tools, Geofencing, Electric Vehicle Tracking, Vehicle Inspection App, and Trip Reports. Its Vehicle Inspection application Quartix Check, which is a daily vehicle inspection and monitoring tool. Its geographical markets include the United Kingdom, France, Other European Territories, and the United States.
QTX.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Quartix Technologies PLC is classified as halal.
HALALQuartix Technologies PLC (QTX.L) Chart
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Financial Metrics & Statements of Quartix Technologies PLC (QTX.L)
FAQ's for Quartix Technologies PLC (QTX.L)
- As of October 2026, Quartix Technologies PLC QTX.L 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 Quartix Technologies PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Quartix Technologies PLC 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 Quartix Technologies PLC 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 Quartix Technologies PLC 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 Quartix Technologies PLC 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 Quartix Technologies PLC (QTX.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
