NexGen Energy Ltd.

NXE: Is NexGen Energy Ltd. Halal?

NexGen Energy Ltd.

NYSEEnergyCA

$9.93

-5.16%

Market Cap: 6.6B

Compliance Status

Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

B+

Good

78Score

Is NexGen Energy Ltd. (NXE) halal? Halal. Based on AAOIFI screening, NexGen Energy Ltd. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 78/100 (Grade: B+).

Quote this verdict

HalalScreener rates NexGen Energy Ltd. (NXE) Halal, 78/100, grade B+ under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/NXE

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%.

8.9% of 30.0% limit

What this means for you

You can own NXE

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

Purification amount is Pro

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

About NexGen Energy Ltd.

NexGen Energy Ltd. is a Canadian company primarily engaged in the discovery, evaluation, and subsequent development of uranium deposits. Its most significant holding is the Rook I project, which encompasses 32 adjacent mineral claims spanning a total area of 35,065 hectares within Saskatchewan's southwestern Athabasca Basin. The company's corporate offices are situated in Vancouver, Canada.

Sector: Energy · Industry: Uranium

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Under Review

    until the change above

  3. Halal

    until the change above

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is NexGen Energy Ltd. (NXE) halal to invest in?
Based on AAOIFI Standard 21 screening, NexGen Energy Ltd. (NXE) 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 NexGen Energy Ltd. get a B+ compliance rating?
NexGen Energy Ltd. (NXE) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 8.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change NexGen Energy Ltd.'s Shariah verdict?
NexGen Energy Ltd.'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 NexGen Energy Ltd. re-screened for Shariah compliance?
NexGen Energy Ltd. (NXE) 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: Sep 2, 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.