What is NewtekOne, Inc.'s Shariah compliance score?

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

Does NewtekOne, Inc. pass AAOIFI screening?

NewtekOne, Inc. (NEWT) 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% (NEWT: 187.4%), (3) interest-bearing deposits below 30% (NEWT: 64.6%), and (4) prohibited income below 5% (NEWT: 50.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for NewtekOne, Inc. stock?

NewtekOne, Inc. (NEWT) has a non-permissible income ratio of 50.17%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NEWT shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

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

HalalScreener (halalscreener.app) offers free Shariah compliance screening for NewtekOne, Inc. (NEWT) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about NEWT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NEWT: Is NewtekOne, Inc. Halal?

NewtekOne, Inc.

NASDAQFinancial ServicesUS

$15.20

-2.31%

Market Cap: 439.1M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is NewtekOne, Inc. (NEWT) halal? Not Halal. Based on AAOIFI screening, NewtekOne, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

187.4% of 30.0% limit

What this means for you

Most scholars advise not holding NEWT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About NewtekOne, Inc.

NewtekOne, Inc. operates as a financial holding firm, specializing in delivering a comprehensive suite of business and financial solutions. Its diverse portfolio encompasses several key brands, including Newtek Bank, Newtek Lending, Newtek Payments, Newtek Insurance, Newtek Payroll, and Newtek Technology. Barry Sloane founded the company in 1998, and it maintains its corporate headquarters in Boca Raton, Florida.

Sector: Financial Services · Industry: Banks - Regional

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Banks - Regional

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Financial Services

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

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$31.75

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$36.03

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Free · No credit card required

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Frequently Asked Questions

Is NewtekOne, Inc. (NEWT) halal to invest in?

NewtekOne, Inc. (NEWT) 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 NewtekOne, Inc. get a F compliance rating?

NewtekOne, Inc. (NEWT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 187.4% (limit 30%); interest-bearing deposits of 64.6% (limit 30%); prohibited income of 50.17% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change NewtekOne, Inc.'s Shariah verdict?

NewtekOne, 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 NewtekOne, Inc. re-screened for Shariah compliance?

NewtekOne, Inc. (NEWT) 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 18, 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.