What is Nidec Corporation's Shariah compliance score?

Nidec Corporation (NJDCY) has a Shariah compliance score of 82/100 (Grade: A, Very Good). 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) passes 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 7.9%.

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.

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NJDCY: Is Nidec Corporation Halal?

Nidec Corporation

OTCIndustrialsJP

$4.47

Market Cap: 20.5B

Screened on a market cap of 3.3T

Compliance Status

Halal

Screened on Sep 23, 2026 · AAOIFI Standard 21

Very Good

82Score

Is Nidec Corporation (NJDCY) halal? Halal. Based on AAOIFI screening, Nidec Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (Grade: A).

Quote this verdict

HalalScreener rates Nidec Corporation (NJDCY) Halal, 82/100, grade A under AAOIFI Standard 21, screened Sep 23, 2026. Source: https://halalscreener.app/en/stock/NJDCY

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

7.9% 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.

Screened according to AAOIFI Standard 21

What this means for you

You can own NJDCY

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened NJDCY's prohibited income, but the exact share you would need to purify is part of Pro.

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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

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 23, 2026

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Institutional-grade Shariah analysis

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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.

Screened according to AAOIFI Standard 21

Compliance History

Halalnow
since Aug 2026
Not Halal
until the change above

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

Fiscal: Q2 2025Data source: FMP

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Frequently Asked Questions

Is Nidec Corporation (NJDCY) halal to invest in?

Based on AAOIFI Standard 21 screening, Nidec Corporation (NJDCY) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Nidec Corporation get a A compliance rating?

Nidec Corporation (NJDCY) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 7.9% (limit 30%). 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 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 Nidec Corporation re-screened for Shariah compliance?

Nidec Corporation (NJDCY) 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: Sep 23, 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.