What is NextNav Inc.'s Shariah compliance score?

NextNav Inc. (NN) has a Shariah compliance score of 63/100 (Grade: B, Acceptable) 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 NextNav Inc. pass AAOIFI screening?

NextNav Inc. (NN) 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% (NN: 14.5%), (3) interest-bearing deposits below 30% (NN: 8.1%), and (4) prohibited income below 5% (NN: 3.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for NextNav Inc. stock?

NextNav Inc. (NN) has a non-permissible income ratio of 3.61%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NN 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 NextNav Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for NextNav Inc. (NN) 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 NN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NN: Is NextNav Inc. Halal?

NextNav Inc.

NASDAQCommunication ServicesUS

$18.51

-2.17%

Market Cap: 2.5B

Compliance Status

Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

Acceptable

63Score

Is NextNav Inc. (NN) halal? Halal. Based on AAOIFI screening, NextNav Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 63/100 (Grade: B).

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%.

14.5% of 30.0% limit

What this means for you

You can own NN

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

Purify 3.6% of your income from NN

That is about $3.60 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About NextNav Inc.

NextNav Inc. delivers sophisticated global positioning system (GPS) and three-dimensional geolocation capabilities. The company furnishes advanced positioning, navigation, and timing (PNT) solutions via its proprietary network-based offerings: Pinnacle and TerraPoiNT. Its Pinnacle 3D geolocation service boasts widespread commercial availability, operating in roughly 4,400 municipalities throughout the United States. In addition, the TerraPoiNT solution, an encrypted terrestrial network, has been implemented across 51 markets nationally. NextNav sells its technologies both directly to end-users and through collaborative partnerships. The firm was founded in 2007 and maintains its headquarters in McLean, Virginia.

Sector: Communication Services · Industry: Internet Content & Information

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above
Halal
until the change above
Not Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is NextNav Inc. (NN) halal to invest in?

Based on AAOIFI Standard 21 screening, NextNav Inc. (NN) is rated Halal with a compliance grade of B (Acceptable). 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 NextNav Inc. get a B compliance rating?

NextNav Inc. (NN) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 14.5% (limit 30%); interest-bearing deposits of 8.1% (limit 30%); prohibited income of 3.61% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change NextNav Inc.'s Shariah verdict?

NextNav 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 NextNav Inc. re-screened for Shariah compliance?

NextNav Inc. (NN) 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 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.