
NINE: Is Nine Energy Service, Inc. Halal?
Nine Energy Service, Inc.
$10.56
-3.21%
Market Cap: 147.3M
Compliance Status
Not Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Non-Compliant
Is Nine Energy Service, Inc. (NINE) halal? Not Halal. Based on AAOIFI screening, Nine Energy Service, 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.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding NINE
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About Nine Energy Service, Inc.
Nine Energy Service, Inc., headquartered in Houston, Texas, is a provider of onshore well completion solutions. The company primarily caters to the development of unconventional oil and gas resources throughout North American basins and globally. Its service offerings encompass several critical areas: Cementing Services: This involves expertly blending high-grade cement, water, and various solid and liquid additives to create a specialized slurry. This mixture is then pumped between the well's casing and the surrounding wellbore to ensure structural integrity and zonal isolation. Completion Tools: Nine Energy supplies a comprehensive array of specialized tools designed for well completion. These include, but are not limited to, liner hangers and their accessories, fracture isolation packers, frac sleeves, initial stage preparation tools, frac plugs, casing flotation devices, specialized open-hole float equipment, disk subs, composite cement retainers, and centralizers, with a particular focus on precision frac sleeve system technologies. Wireline Services: The company performs essential wireline operations, such as plug-and-perf completions. This advanced, multi-stage technique for cased-hole wells entails accurately deploying perforating guns and isolation tools to specific depths within the well. Coiled Tubing Services: Additionally, Nine Energy offers coiled tubing services, facilitating various wellbore intervention procedures. These operations utilize a continuous, flexible steel pipe, transported to the wellsite on a large spool, capable of extending up to 30,000 feet into the well. Originally incorporated in 2011 as NSC-Tripoint, Inc., the company adopted its current name, Nine Energy Service, Inc., in October of the same year.
Sector: Energy · Industry: Oil & Gas Equipment & Services
Shariah Compliance Status
Compliance History
Not Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
Halal Alternatives in Energy
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
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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.