Compliance Status
Not Halal
Screened on Oct 19, 2026 · AAOIFI Standard 21
Non-Compliant
Is Energy Vault Holdings, Inc. (NRGV) halal? Not Halal. Based on AAOIFI screening, Energy Vault Holdings, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Energy Vault Holdings, Inc. (NRGV) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 19, 2026. Source: https://halalscreener.app/en/stock/NRGV
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
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
Most scholars advise not holding NRGV
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
NRGV: Is Energy Vault Holdings, Inc. Halal?
Energy Vault Holdings, Inc.
$2.84
-7.19%
Market Cap: 516.4M
Get an email if NRGV's halal status changes
We re-screen Energy Vault Holdings, Inc. daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About Energy Vault Holdings, Inc.
Energy Vault Holdings, Inc. develops and deploys utility-scale energy storage solutions in the United States, Switzerland, United Kingdom, North America, Australia, and internationally. The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; G-Vault, a gravity energy storage solution for long-duration energy storage needs; and H-Vault, a hydrogen or hybrid energy storage solution. It also provides software solutions, such as Vault-OS Energy Management System which provides real-time monitoring, operational control, and optimized dispatch across an array of generation and short to ultra-long duration energy storage assets; Vault-Bidder, which utilizes artificial intelligence to leverage diverse, live data from directly monitored assets and external drivers to provide dispatch and revenue optimization; and Vault-Manager, which converts diverse, real-time data into clear asset performance visibility and insights, facilitating improved decision-making regarding maintenance, augmentation, and expansion. Energy Vault Holdings, Inc. was founded in 2020 and is headquartered in Westlake Village, California.
Sector: Industrials · Industry: Electrical Equipment & Parts
Why this does not pass
- Interest-bearing debt is 51.2% of market cap, over the 30% AAOIFI 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
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why NRGV is rated Not Halal with institutional-grade analysis
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
Not Halalnow
since Aug 2026
Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Industrials
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Industrials Stocks
Know the day NRGV's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is Energy Vault Holdings, Inc. (NRGV) halal to invest in?
Why did Energy Vault Holdings, Inc. get a F compliance rating?
What could change Energy Vault Holdings, Inc.'s Shariah verdict?
How often is Energy Vault Holdings, Inc. re-screened for Shariah compliance?
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.