Newton Golf Company

NWTG: Is Newton Golf Company Halal?

Newton Golf Company

NASDAQConsumer CyclicalUS

$1.32

+4.77%

Market Cap: 6.3M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is Newton Golf Company (NWTG) halal? Halal. Based on AAOIFI screening, Newton Golf Company passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).

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%.

1.3% of 30.0% limit

What this means for you

You can own NWTG

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

Purification amount is Pro

We have screened NWTG's prohibited income, but the exact share you would need to purify is part of Pro.

About Newton Golf Company

Founded in 2018 and based in Camarillo, California, Newton Golf Company, which was formerly known as Sacks Parente Golf, Inc. until its rebranding in March 2025, is a technologically advanced enterprise focused on manufacturing and retailing golf products. The company's diverse portfolio includes precision putting instruments, golf shafts, golf grips, and various other golf-related accessories. It also provides customers with accessible online custom fitting programs. Newton Golf Company's extensive distribution network extends across the Americas, Asia, and Europe, utilizing channels such as its own e-commerce site, a range of distributors, wholesale partners including golf course pro shops and independent retailers, sporting goods stores, online marketplaces, specialized third-party distributors, Club Champion Golf, mass merchandisers, and corporate clients.

Sector: Consumer Cyclical · Industry: Leisure

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)
2.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • Leisure: estimated 2.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Newton Golf Company (NWTG) halal to invest in?
Based on AAOIFI Standard 21 screening, Newton Golf Company (NWTG) is rated Halal with a compliance grade of B+ (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 Newton Golf Company get a B+ compliance rating?
Newton Golf Company (NWTG) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Newton Golf Company's Shariah verdict?
Newton Golf Company'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 Newton Golf Company re-screened for Shariah compliance?
Newton Golf Company (NWTG) 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: Aug 26, 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.