NGSNot HalalF
Unlock full report, free

Compliance Status

Not Halal

Screened on Oct 16, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Natural Gas Services Group, Inc. (NGS) halal? Not Halal. Based on AAOIFI screening, Natural Gas Services Group, 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 Natural Gas Services Group, Inc. (NGS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 16, 2026. Source: https://halalscreener.app/en/stock/NGS

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%.

164.3% of 30.0% limit
PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding NGS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Natural Gas Services Group, Inc.

NGS: Is Natural Gas Services Group, Inc. Halal?

Natural Gas Services Group, Inc.

NYSEEnergyUS

$31.10

Market Cap: 401.1M

Get an email if NGS's halal status changes

We re-screen Natural Gas Services Group, Inc. daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

About Natural Gas Services Group, Inc.

Natural Gas Services Group, Inc. (NGS) is a U.S.-based company that specializes in providing natural gas compression solutions and equipment to the energy sector. NGS's activities encompass the full lifecycle of natural gas compressors and associated gear, including their design, manufacturing, rental, and sale. A significant portion of its operations centers on the rental of compression units, which cater to small, medium, and large horsepower requirements, primarily supporting unconventional oil and natural gas extraction. As of December 31, 2021, NGS maintained a substantial rental fleet comprising 2,023 natural gas compression units, collectively generating 418,041 horsepower. Beyond rental, NGS is also involved in the engineering, fabrication, and assembly of compressor components, which are then integrated into full compressor units for either rental or direct sale. The company further designs and manufactures its own range of reciprocating compressor frames, cylinders, and various parts. In addition to compression, NGS extends its expertise to flare stacks. It designs, fabricates, sells, installs, and services flare stacks along with their accompanying ignition and control systems. These systems are crucial for the safe, controlled incineration of various gas compounds – such as hydrogen sulfide, carbon dioxide, natural gas, and liquefied petroleum gases – in both onshore and offshore environments. To complement its product offerings, NGS provides comprehensive customer support for its compressor and flare sales, and it also runs an exchange and rebuild program specifically for small horsepower screw compressors. NGS primarily serves a diverse client base within the energy sector, including exploration and production (E&P) companies utilizing compressor units for artificial lift, E&P firms focused on natural gas-weighted production, and various midstream companies. Established in 1998, Natural Gas Services Group, Inc. is headquartered in Midland, Texas.

Sector: Energy · Industry: Oil & Gas Equipment & Services

Why this does not pass

  • Interest-bearing debt is 164.3% of market cap, over the 30% AAOIFI limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 16, 2026

See which ratio caused the failure.

See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.

Free for 7 days. Cancel anytime.

Card needed, nothing charged today

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

Card needed, nothing charged today

See why NGS is rated Not Halal with institutional-grade analysis

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

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: 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:

Free · No credit card required

Know the day NGS's verdict changes

A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Natural Gas Services Group, Inc. (NGS) halal to invest in?
Natural Gas Services Group, Inc. (NGS) 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 Natural Gas Services Group, Inc. get a F compliance rating?
Natural Gas Services Group, Inc. (NGS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 164.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Natural Gas Services Group, Inc.'s Shariah verdict?
Natural Gas Services Group, 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 Natural Gas Services Group, Inc. re-screened for Shariah compliance?
Natural Gas Services Group, Inc. (NGS) 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 16, 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.