What is Newton Golf Company's Shariah compliance score?

Newton Golf Company (NWTG) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Newton Golf Company pass AAOIFI screening?

Newton Golf Company (NWTG) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. NWTG's debt-to-market-cap is 40.3%.

How much purification is needed for Newton Golf Company?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Newton Golf Company (NWTG) using the latest financial data.

Where can I screen Newton Golf Company for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Newton Golf Company (NWTG) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

NWTGNot HalalF

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Compliance Status

Not Halal

Screened on Oct 10, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Newton Golf Company (NWTG) halal? Not Halal. Based on AAOIFI screening, Newton Golf Company passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Newton Golf Company (NWTG) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 10, 2026. Source: https://halalscreener.app/en/stock/NWTG

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

40.3% of 30.0% limit

PRO DETAIL

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.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding NWTG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

NWTG: Is Newton Golf Company Halal?

Newton Golf Company

NASDAQConsumer CyclicalUS

$1.08

Market Cap: 5.1M

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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

Why this does not pass

Interest-bearing debt is 40.3% 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

AAOIFI Standard 21Updated Oct 10, 2026

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Business Activity Screen

Passed

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

Source: the company's Form 10-K for the fiscal year ended 2025-12-31, which names no revenue from a prohibited activity. View its filings on SEC EDGAR

PRO DETAIL

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.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halalnow
since Sep 2026
Halal
until the change above

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Consumer Cyclical

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

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CUCKOO International (MAL) Berhad

$0.37

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Frequently Asked Questions

Is Newton Golf Company (NWTG) halal to invest in?

Newton Golf Company (NWTG) 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 Newton Golf Company get a F compliance rating?

Newton Golf Company (NWTG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 40.3% (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: Oct 10, 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.