Is Nextpower Inc. (NXT) halal? Halal. Based on AAOIFI screening, Nextpower Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 96/100 (Grade: A+).

NXT: Is Nextpower Inc. Halal?
HalalNextpower Inc.
$131.57
-12.47%
About Nextpower Inc.
Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.
Sector: Technology · Industry: Consumer Electronics
Shariah Compliance Status
Excellent
Exceptionally strong compliance
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Halal, unchanged since May 2026.
No status changes recorded since we began tracking.
Tracked since May 2026. Updates automatically on each re-screen.
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Financial Overview
Market Cap
19.8B
Price
$131.57
Sector
Technology
Industry
Consumer Electronics
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الأسئلة الشائعة
هل Nextpower Inc. (NXT) حلال للاستثمار؟
لماذا حصل Nextpower Inc. على تقييم توافق A+؟
ما الذي قد يغير حكم Nextpower Inc. الشرعي؟
كم مرة يُعاد فحص Nextpower Inc. للتوافق الشرعي؟
مفحوص وفق معيار أيوفي رقم 21 · لأغراض إعلامية فقط. استشر مستشاراً مالياً إسلامياً مؤهلاً قبل الاستثمار.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.