Compliance Status

Halal

Screened on Oct 13, 2026 · AAOIFI Standard 21

A

Very Good

89Score

Is NewMarket Corporation (NEU) halal? Halal. Based on AAOIFI screening, NewMarket Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (Grade: A).

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HalalScreener rates NewMarket Corporation (NEU) Halal, 89/100, grade A under AAOIFI Standard 21, screened Oct 13, 2026. Source: https://halalscreener.app/en/stock/NEU

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

10.4% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own NEU

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened NEU's prohibited income, but the exact share you would need to purify is part of Pro.

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NewMarket Corporation

NEU: Is NewMarket Corporation Halal?

NewMarket Corporation

NYSEBasic MaterialsUS

$876.01

Market Cap: 8.1B

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About NewMarket Corporation

NewMarket Corporation, through its various subsidiaries, operates primarily in the specialty chemicals sector, specializing in the creation and supply of petroleum additives. The company furnishes an extensive selection of lubricant additives that are vital for optimizing performance across a wide array of automotive and industrial machinery. These formulations cater to diverse applications, including engine oils (used in passenger cars, motorcycles, heavy-duty commercial vehicles, locomotives, and marine engines), driveline systems (such as transmission and axle fluids, and lubricants for off-road powertrains), and a variety of industrial fluids (like hydraulic fluids, greases, industrial gear lubricants, and specialized turbine oils). Essentially, these additives are engineered to enhance components wherever metal surfaces engage in motion. Additionally, NewMarket engineers fuel additives that contribute to the efficiency of the oil refining process and notably improve the properties and performance of different fuels, including gasoline, diesel, and biofuels. These essential products are distributed to a broad spectrum of clients, encompassing industrial enterprises, governmental entities, original equipment manufacturers, and individual end-users. Beyond its core additive offerings, the corporation is also involved in producing antiknock compounds, delivering contract manufacturing services, and owns and oversees a real estate holding located in Virginia. Founded in 1887, NewMarket Corporation is headquartered in Richmond, Virginia, and maintains a significant global footprint with operations spanning North America, Latin America, the Asia Pacific region, Europe, the Middle East, Africa, and India.

Sector: Basic Materials · Industry: Chemicals - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 13, 2026

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Screened according to AAOIFI Standard 21

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.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is NewMarket Corporation (NEU) halal to invest in?
Based on AAOIFI Standard 21 screening, NewMarket Corporation (NEU) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did NewMarket Corporation get a A compliance rating?
NewMarket Corporation (NEU) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 10.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change NewMarket Corporation's Shariah verdict?
NewMarket Corporation'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 NewMarket Corporation re-screened for Shariah compliance?
NewMarket Corporation (NEU) 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: Oct 13, 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.