IonQ, Inc. (IONQ) - Not Halal (Non-Compliant)
IonQ, Inc. (IONQ) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Technology
- Industry
- Computer Hardware
- Result
- Pass
- Reason
- The sector "Technology" and industry "Computer Hardware" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.3% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 11.7% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 28.5% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 28.46%.Based on the company's financial statements, approximately 28.46% of dividend income should be donated to charity for purification. This is derived from identified interest income (28.46% of total income). Some scholars may differ on the exact calculation method.
About IonQ, Inc.
IonQ, Inc. develops quantum computing systems in the United States, Switzerland, and Internationally. It sells access to quantum computers of various qubit capacities. The company also makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS), Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. The company engages in quantum-safe communications and quantum detection systems. It provides contracts associated with the design, development, construction, and sale of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. In addition, it provides semiconductor manufacturing services. The company has a collaboration agreement with University of Chicago. The company was founded in 2015 and is headquartered in College Park, Maryland.
Frequently Asked Questions
Is IonQ, Inc. (IONQ) stock halal to invest in?
According to AAOIFI Shariah screening standards, IonQ, Inc. (IONQ) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

