What is Nidec Corporation's Shariah compliance score?

Nidec Corporation (NJDCY) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Nidec Corporation pass AAOIFI screening?

Nidec Corporation (NJDCY) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. NJDCY's debt-to-market-cap is 61.7%.

How much purification is needed for Nidec Corporation?

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 percentage and amount for Nidec Corporation (NJDCY) using the latest financial data.

Where can I screen Nidec Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Nidec Corporation (NJDCY) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

NJDCYNot HalalF

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Is Nidec (NJDCY) Stock Halal?

Compliance Status

Not Halal

Screened on Nov 9, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Nidec Corporation (NJDCY) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Nov 9, 2026. Source: https://halalscreener.app/en/stock/NJDCY

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%.

61.7% of 30.0% limit

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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.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding NJDCY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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NJDCY

Nidec Corporation

OTCIndustrialsJP

$2.20

Market Cap: 10.1B

Screened on a market cap of 1.8T

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About Nidec Corporation

Nidec Corporation is a global enterprise, operating through its subsidiaries worldwide, that specializes in the design, production, and distribution of a diverse range of products. Its core business revolves around electric motors, electronic and optical components, and various related solutions. The company's extensive product portfolio encompasses a wide spectrum of motor types, from robust medium- and large-scale industrial motors to intricate small and high-precision models. Beyond motors, Nidec also supplies integrated units and modules, essential automotive parts, a variety of mechanical equipment, sophisticated inspection and measuring instruments, advanced electronic devices, and sensors. These innovative solutions are integral to a vast array of sectors and applications, including robotics, Internet of Things (IoT) devices, vehicle systems, home appliances, logistics and agricultural machinery, information technology infrastructure, office automation equipment, mobile communication and optical component technologies, medical and healthcare products, housing amenities, commercial and professional tools, and industrial and processing machinery. Nidec Corporation was founded in 1973 and maintains its corporate headquarters in Kyoto, Japan.

Sector: Industrials · Industry: Industrial - Machinery

Why this does not pass

Interest-bearing debt is 61.7% of market cap, over the 30% AAOIFI limit.
Interest-bearing deposits are over the 30% 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 Nov 9, 2026

AI Compliance InsightProSee plans

Revenue BreakdownProSee plans

Compliance History

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

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

Fiscal: FY 2026Data 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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+0.05%

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Tri-Mode System (M) Berhad

$0.16

+0.00%

0217.KLA+

Powerwell Holdings Berhad

$0.99

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Frequently Asked Questions

Is Nidec Corporation (NJDCY) halal to invest in?

Nidec Corporation (NJDCY) 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 Nidec Corporation get a F compliance rating?

Nidec Corporation (NJDCY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 61.7% (limit 30%); interest-bearing deposits over the 30% limit; prohibited income well clear of the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Nidec Corporation's Shariah verdict?

Nidec Corporation's verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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 Nidec Corporation re-screened for Shariah compliance?

Nidec Corporation (NJDCY) is screened from the latest financial statements on record, currently those for fiscal year 2026. The 500 largest US-listed companies, and every stock on a HalalScreener watchlist or portfolio, are re-screened daily against the current market cap; every other stock at least once a week. When the company files a new quarterly or annual report with the SEC, it is re-screened from that filing: we check the SEC's filing feed every 15 minutes and the earnings calendar every day. Last screened: Nov 9, 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.