New Era Energy & Digital, Inc.

NUAI: Is New Era Energy & Digital, Inc. Halal?

New Era Energy & Digital, Inc.

NASDAQEnergyUS

$5.97

+6.42%

Market Cap: 341.9M

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is New Era Energy & Digital, Inc. (NUAI) halal? Not Halal. Based on AAOIFI screening, New Era Energy & Digital, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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%.

2.6% of 30.0% limit

What this means for you

Most scholars advise not holding NUAI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About New Era Energy & Digital, Inc.

New Era Energy & Digital, Inc., operates as an exploration and production platform, engages in the exploration, development, and production of helium, oil and natural gas, and natural gas liquids in the United States. The company owns and operates a portfolio of approximately 137,000 acres in Southeast New Mexico. Its flagship Pecos Slope Field covering an area of 1893 square kilometers located 20 miles north of Roswell, New Mexico. It serves Tier 2 gas companies and balloon gas distributors. The company was formerly known as New Era Helium, Inc. and changed its name to New Era Energy & Digital, Inc. in August 2025. New Era Energy & Digital, Inc. is based in Midland, Texas.

Sector: Energy · Industry: Oil & Gas Energy

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

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

Fiscal: Q1 2025Data source: EDGAR

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is New Era Energy & Digital, Inc. (NUAI) halal to invest in?
New Era Energy & Digital, Inc. (NUAI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did New Era Energy & Digital, Inc. get a F compliance rating?
New Era Energy & Digital, Inc. (NUAI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.6% (limit 30%); interest-bearing deposits of 0.5% (limit 30%); prohibited income of 5.04% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change New Era Energy & Digital, Inc.'s Shariah verdict?
New Era Energy & Digital, 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 New Era Energy & Digital, Inc. re-screened for Shariah compliance?
New Era Energy & Digital, Inc. (NUAI) 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 19, 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.