Is LiqTech International (LIQT) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. LiqTech International, Inc. (LIQT) does not meet the threshold for the interest-bearing debt screen as of September 2026, so it is not Shariah compliant.
LiqTech International is a technology company specializing in the development and manufacture of innovative filtration products. The company's primary focus is on water treatment solutions that target the removal of pollutants and contaminants from wastewater and drinking water. LiqTech serves several vital industries, including oil and gas, marine, and industrial sectors, by providing advanced silicon carbide ceramic filters known for their durability and high performance. This makes their products particularly effective in harsh environments that demand superior filtration capabilities. For Muslim investors, though, the most pressing question is simpler: is LiqTech International a Halal investment?
Is LiqTech International Shariah compliant?
For industrial companies like LiqTech International, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does LiqTech International pass the business activity test?
The activity screen is only part of the picture this month: LiqTech International currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is LiqTech International's income Halal?
Yes, within AAOIFI's tolerance. LiqTech International's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does LiqTech International meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



