Is SPARQ Systems Inc halal to invest in?

According to Musaffa's Shariah screening methodology, SPARQ Systems Inc (SPRQ.V) is currently classified as HALAL as of February 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 SPARQ Systems Inc 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 SPARQ Systems Inc using these criteria to determine its compliance status.

Can Muslims buy shares of SPARQ Systems Inc?

Muslim investors may consider investing in SPARQ Systems 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.

Why is SPARQ Systems Inc classified as HALAL?

Musaffa determines the Shariah status of SPARQ Systems Inc 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 SPARQ Systems Inc updated?

The Shariah compliance status of SPARQ Systems Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like SPARQ Systems Inc 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 SPARQ Systems Inc?

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

SPRQ.V Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 04, 2026

Report Source: 2025 3rd Quarter Report

SPARQ Systems Inc. Stock Analysis SPRQ.V

Canada Industrials Micro Cap Report: Q3, 2025

Sparq Systems, Inc. designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. The firm has developed a photovoltaic (PV) solution called the Quad. The Quad inverter optimizes four PV modules with a single microinverter. Its products include Quad Microinverters, SparqLinq, SparqVu, and Accessories. Its Quad Microinverters include the Q2000 microinverter, Q1200 Grid-Tied microinverter and Q1200 Dual Mode microinverter. SparqLinq is a smart interface for the Quad 1200. SparqLinq can be used on nearly any device and is backed by Zigbee wireless communication, providing access to real-time data and historical records. SparqVu is a system performance management system with intuitive displays to help quickly spot system issues and troubleshoot in real time.

Key Statistics of SPARQ Systems Inc (SPRQ.V)

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

Today's Range

CAD0.94CAD0.96

Today's Open

CAD0.95

Volume

31.64K

P/E Ratio (TTM)

52 Week Range

CAD0.59CAD1.08

Market Cap

100.56M

Avg. Volume

31.54K

Dividend Yield

Financial Metrics & Statements of SPARQ Systems Inc (SPRQ.V)

FAQ's for SPARQ Systems Inc (SPRQ.V)

According to Musaffa’s Shariah screening methodology, SPARQ Systems Inc (SPRQ.V) is currently classified as HALAL as of February 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.