Is Questerre Energy Corp. QEC stock halal to invest in?

No, as of August 2026, Questerre Energy Corp. stock (QEC) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Questerre Energy Corp. currently does not meet the threshold for the non-permissible income and interest-bearing debt screens. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Questerre Energy Corp. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Questerre Energy Corp. QEC reviewed for Shariah compliance?

Tabadulat reviews Questerre Energy Corp. QEC for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Questerre Energy Corp. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Questerre Energy Corp. QEC pass the AAOIFI Non Permissible Income criteria?

No, as of August 2026, Questerre Energy Corp. stock (QEC) does not pass the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Questerre Energy Corp.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does Questerre Energy Corp. QEC pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Questerre Energy Corp. stock (QEC) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Questerre Energy Corp.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Questerre Energy Corp. QEC pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Questerre Energy Corp. stock (QEC) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. Questerre Energy Corp.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Questerre Energy Corp. QEC stock?

Questerre Energy Corp. (QEC) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Questerre Energy Corp. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Questerre Energy Corp. QEC pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Questerre Energy Corp. stock (QEC) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Questerre Energy Corp. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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العربية

Questerre Energy Corp.

TSX

Shariah-Compliant

Not Shariah

QEC

About

Questerre Energy Corp.

QEC

Questerre Energy Corporation is an energy technology and innovation company specializing in the acquisition, exploration, and development of non-conventional oil and gas resources. Its primary operations focus on tight oil, oil shale, shale oil, and shale gas projects, with significant assets located across Alberta, Saskatchewan, Manitoba, and Quebec in Canada, as well as in the Kingdom of Jordan. The company is recognized for its significant holdings in the Kakwa region of Alberta and in Antler, Saskatchewan, reflecting a strategic focus on regions with substantial resource potential. Questerre emphasizes the integration of new, clean technologies to enable responsible energy production, aligning its activities with environmental sustainability and social responsibility principles. The company’s approach combines technological innovation with an aim to balance economic goals and environmental stewardship, positioning itself as an active participant in the evolution of cleaner resource development. Founded in 1971 and headquartered in Calgary, Questerre plays a notable role in advancing the future of the oil and gas sector by supporting the transition to sustainable energy solutions while maintaining transparency and engagement with stakeholders.

Sector:

Energy

Industry:

Oil & Gas E&P

Employees:

Website:

https://www.questerre.com

QEC

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Questerre Energy Corp.

About

Questerre Energy Corp.

QEC

Frequently asked questions

Is Questerre Energy Corp. QEC stock halal to invest in?

How often is Questerre Energy Corp. QEC reviewed for Shariah compliance?

Does Questerre Energy Corp. QEC pass the AAOIFI Non Permissible Income criteria?

Does Questerre Energy Corp. QEC pass the AAOIFI Interest Bearing Investments criteria?

Does Questerre Energy Corp. QEC pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Questerre Energy Corp. QEC stock?

Does Questerre Energy Corp. QEC pass the AAOIFI Preference Share screen?

Can I buy Questerre Energy (QEC) stock on Tabadulat?

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