
NN: Is NextNav Inc. Halal?
NextNav Inc.
$16.31
+8.73%
Market Cap: 2.2B
Compliance Status
Doubtful
Screened on Sep 1, 2026 · AAOIFI Standard 21
Fair
Is NextNav Inc. (NN) halal? Doubtful. Based on AAOIFI screening, NextNav Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 56/100 (Grade: C+).
Quote this verdict
HalalScreener rates NextNav Inc. (NN) Doubtful, 56/100, grade C+ under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/NN
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own NN, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened NN's prohibited income, but the exact share you would need to purify is part of Pro.
About NextNav Inc.
NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers. It also provides TerraPoiNT, a 3D PNT system, provides positioning, navigation, and timing services provided by GPS through a land-based GPS satellite constellation. The company serves Wi-Fi, telecom, public safety, location apps, and critical infrastructure industries. The company was founded in 2007 and is headquartered in Reston, Virginia.
Sector: Technology · Industry: Consumer Electronics
Why This Stock Is Doubtful
- Non-compliant income is 4.9% of revenue, only 0.1 points below the 5% limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Aug 2026
Halal
until the change above
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.
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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.