Newegg Commerce, Inc.

NEGG: Is Newegg Commerce, Inc. Halal?

Newegg Commerce, Inc.

NASDAQConsumer CyclicalUS

$13.93

+1.75%

Market Cap: 292.2M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

21.6% of 30.0% limit

What this means for you

Most scholars advise not holding NEGG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Newegg Commerce, Inc.

Newegg Commerce, Inc. serves as a prominent online retailer specializing in electronics across North America. Its vast product offerings extend beyond traditional computing, encompassing a comprehensive range of items. Customers can procure everything from complete desktop and laptop systems, including dedicated gaming models, to individual computer components like CPUs, graphics cards, motherboards, and storage devices. The company's inventory also covers home entertainment and audio solutions, headphones, professional AV equipment, mobile phones, wearables, and digital cameras. Gaming enthusiasts are catered to with consoles, legacy systems, and game titles. Furthermore, Newegg provides networking hardware for both home and commercial use, server components, and smart home technology. Beyond its core electronics focus, Newegg diversifies into office essentials such as displays, printing solutions, furniture, general supplies, and mailing/inventory management products. It also offers software, digital downloads, warranty services, third-party gift cards, and various entertainment products. For automotive and equipment needs, the company supplies car electronics, marine/aviation gear, motorcycle parts, performance components, tools, and tires. Homeowners can find improvement tools, major appliances, kitchenware, outdoor furniture, pet supplies, and power generators. Lastly, Newegg extends its reach into lifestyle categories with fitness equipment, sports gear, and health and beauty products. The company facilitates sales through multiple platforms, including direct-to-consumer websites like Newegg.com, Newegg.ca, and Newegg Global, complemented by dedicated mobile applications. For business clients, it operates NeweggBusiness.com. Founded in 2001, Newegg Commerce, Inc. is headquartered in City of Industry, California, and functions as a subsidiary of Hangzhou Liaison Interactive Information Technology Co., Ltd.

Sector: Consumer Cyclical · Industry: Specialty Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

  3. Not Halal

    until the change above

  4. Halal

    until the change above

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Consumer Cyclical

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

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Frequently Asked Questions

Is Newegg Commerce, Inc. (NEGG) halal to invest in?
Newegg Commerce, Inc. (NEGG) 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 Newegg Commerce, Inc. get a F compliance rating?
Newegg Commerce, Inc. (NEGG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 21.6% (limit 30%); interest-bearing deposits of 36.9% (limit 30%); prohibited income of 0.16% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Newegg Commerce, Inc.'s Shariah verdict?
Newegg Commerce, 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 Newegg Commerce, Inc. re-screened for Shariah compliance?
Newegg Commerce, Inc. (NEGG) 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: Jul 17, 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.