What is Terra Innovatum Global N.V. Ordinary shares's Shariah compliance score?

Terra Innovatum Global N.V. Ordinary shares (NKLR) has a Shariah compliance score of 83/100 (Grade: A, Very Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Terra Innovatum Global N.V. Ordinary shares pass AAOIFI screening?

Terra Innovatum Global N.V. Ordinary shares (NKLR) passes 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% (NKLR: 0.0%), (3) interest-bearing deposits below 30% (NKLR: 20.1%), and (4) prohibited income below 5% (NKLR: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Terra Innovatum Global N.V. Ordinary shares stock?

Terra Innovatum Global N.V. Ordinary shares (NKLR) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NKLR shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Terra Innovatum Global N.V. Ordinary shares for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Terra Innovatum Global N.V. Ordinary shares (NKLR) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about NKLR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NKLR: Is Terra Innovatum Global N.V. Ordinary shares Halal?

Terra Innovatum Global N.V. Ordinary shares

NASDAQUtilitiesNL

$4.64

-6.07%

Market Cap: 512.7M

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

Very Good

83Score

Is Terra Innovatum Global N.V. Ordinary shares (NKLR) halal? Halal. Based on AAOIFI screening, Terra Innovatum Global N.V. Ordinary shares passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 83/100 (Grade: A).

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%.

0.0% of 30.0% limit

What this means for you

You can own NKLR

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Terra Innovatum Global N.V. Ordinary shares

Terra Innovatum Global N.V. is dedicated to engineering and marketing compact, modular nuclear reactor technology for various energy supply needs. These innovative reactors are specifically designed to offer standalone power, particularly suitable for off-grid applications. Their target uses encompass powering data centers, establishing localized electricity grids for distant towns and villages, and supporting substantial industrial activities within sectors notoriously difficult to decarbonize, such as cement production, oil and gas extraction, steel fabrication, and mining. The organization was established in 2018 and has its principal office located in Lucca, Italy.

Sector: Utilities · Industry: Regulated Electric

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 2026

Compliance History

Halalnow
since Jul 2026
Under Review
until the change above
Halal
until the change above

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

Fiscal: FY 2025Data source: FMP

More Utilities Stocks

NEE

NextEra Energy, Inc.

The Southern Company

DUK

Duke Energy Corporation

AEP

American Electric Power Company, Inc.

SRE

Sempra

B+

Dominion Energy, Inc.

Free · No credit card required

Track NKLR and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Terra Innovatum Global N.V. Ordinary shares (NKLR) halal to invest in?

Based on AAOIFI Standard 21 screening, Terra Innovatum Global N.V. Ordinary shares (NKLR) 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 Terra Innovatum Global N.V. Ordinary shares get a A compliance rating?

Terra Innovatum Global N.V. Ordinary shares (NKLR) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 20.1% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Terra Innovatum Global N.V. Ordinary shares's Shariah verdict?

Terra Innovatum Global N.V. Ordinary shares'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 Terra Innovatum Global N.V. Ordinary shares re-screened for Shariah compliance?

Terra Innovatum Global N.V. Ordinary shares (NKLR) 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: Jul 14, 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.