What is Nextdecade Corp's Shariah compliance score?

Nextdecade Corp's (NEXT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Nextdecade Corp pass AAOIFI screening?

Nextdecade Corp (NEXT) 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% (NEXT: 431.3%), (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 Nextdecade Corp 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 Nextdecade Corp (NEXT) using the latest financial data.

Where can I screen Nextdecade Corp for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Nextdecade Corp (NEXT) 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 NEXT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NEXT: Is Nextdecade Corp Halal?

Nextdecade Corp

NASDAQIndustrialsUS

$7.19

+6.05%

Market Cap: 1.9B

Compliance Status

Not Halal

Screened on Aug 31, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Quote this verdict

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

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%.

431.3% of 30.0% limit

What this means for you

Most scholars advise not holding NEXT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Nextdecade Corp

NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. The company constructs and develops natural gas liquefaction and export facilities located in the Rio Grande Valley near Brownsville, Texas; and a carbon capture and storage project at the Rio Grande LNG Facility. It is also involved in the sale of LNG. NextDecade Corporation was founded in 2010 and is based in Houston, Texas.

Sector: Industrials · Industry: Engineering & Construction

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 31, 2026

Compliance History

Not Halalnow
since Aug 2026
Under Review
until the change above
Not Halal
until the change above

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Industrials

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

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Advance Information Marketing Berhad

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+0.00%

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Sanichi Technology Berhad

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+0.21%

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Tri-Mode System (M) Berhad

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+0.00%

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Powerwell Holdings Berhad

$1.02

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Frequently Asked Questions

Is Nextdecade Corp (NEXT) halal to invest in?

Nextdecade Corp (NEXT) 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 Nextdecade Corp get a F compliance rating?

Nextdecade Corp (NEXT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 431.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Nextdecade Corp's Shariah verdict?

Nextdecade Corp'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 Nextdecade Corp re-screened for Shariah compliance?

Nextdecade Corp (NEXT) 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.