What is NACCO Industries, Inc.'s Shariah compliance score?

NACCO Industries, Inc.'s (NC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does NACCO Industries, Inc. pass AAOIFI screening?

NACCO Industries, Inc. (NC) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (NC: 31.4%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for NACCO Industries, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for NACCO Industries, Inc. (NC) using the latest financial data.

Where can I screen NACCO Industries, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for NACCO Industries, Inc. (NC) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about NC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NC: Is NACCO Industries, Inc. Halal?

NACCO Industries, Inc.

NYSEEnergyUS

$43.06

-0.16%

Market Cap: 320.9M

Compliance Status

Not Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is NACCO Industries, Inc. (NC) halal? Not Halal. Based on AAOIFI screening, NACCO Industries, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates NACCO Industries, Inc. (NC) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 31, 2026. Source: https://halalscreener.app/en/stock/NC

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

31.4% of 30.0% limit

What this means for you

Most scholars advise not holding NC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About NACCO Industries, Inc.

NACCO Industries, Inc. (NC) primarily operates within the natural resources sector, structured into three core business units. Its Coal Mining division manages surface coal extraction activities through multi-year agreements, serving electricity producers and a manufacturer of activated carbon at sites located in North Dakota, Texas, Mississippi, Louisiana, and the Navajo Nation in New Mexico. The North American Mining segment delivers specialized contract mining and associated services to entities involved in the production of aggregates, lithium, and various other minerals, also extending its expertise to privately held mines and quarries across Florida, Texas, Arkansas, and Indiana. Finally, the Minerals Management segment focuses on the monetization of its royalty and mineral rights by leasing them to external exploration and production firms and other mining enterprises, granting these parties the authority to explore for, develop, extract, produce, market, and sell natural gas, oil, and coal resources. The company was established in 1913 and maintains its corporate headquarters in Cleveland, Ohio.

Sector: Energy · Industry: Coal

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

Not Halalnow
since Aug 2026
Doubtful
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Trive Property Group Bhd

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BM Greentech Bhd

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-0.01%

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Kinergy Advancement Bhd

$0.41

-0.01%

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Solarvest Holdings Bhd

$3.04

-0.02%

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Frequently Asked Questions

Is NACCO Industries, Inc. (NC) halal to invest in?

NACCO Industries, Inc. (NC) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did NACCO Industries, Inc. get a F compliance rating?

NACCO Industries, Inc. (NC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 31.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change NACCO Industries, Inc.'s Shariah verdict?

NACCO Industries, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is NACCO Industries, Inc. re-screened for Shariah compliance?

NACCO Industries, Inc. (NC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 31, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.