What is NextNRG Inc.'s Shariah compliance score?

NextNRG Inc. (NXXT) 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 NextNRG Inc. pass AAOIFI screening?

NextNRG Inc. (NXXT) 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%. NXXT's debt-to-market-cap is 252.8%.

How much purification is needed for NextNRG Inc.?

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 NextNRG Inc. (NXXT) using the latest financial data.

Where can I screen NextNRG Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for NextNRG Inc. (NXXT) 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.

NXXTNot HalalF

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Compliance Status

Not Halal

Screened on Oct 8, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is NextNRG Inc. (NXXT) halal? Not Halal. Based on AAOIFI screening, NextNRG 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 NextNRG Inc. (NXXT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 8, 2026. Source: https://halalscreener.app/en/stock/NXXT

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%.

252.8% of 30.0% limit

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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 NXXT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

NXXT: Is NextNRG Inc. Halal?

NextNRG Inc.

NASDAQUtilitiesUS

$0.64

Market Cap: 10.1M

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About NextNRG Inc.

NextNRG, Inc. operates as an AI-driven energy-tech company. The company operates through two segments, Energy Infrastructure and Mobile Fuel Delivery. The Energy Infrastructure segment focuses on the development, deployment, and operation of AI/ML-powered smart microgrids, solar energy systems, battery storage, and wireless EV charging solutions. It serves commercial, industrial, municipal, and tribal customers. The Mobile Fuel Delivery segment provides on-demand fuel delivery services through a fleet of fuel trucks. This segment serves commercial fleets and other customers. The company is headquartered in Miami Beach, Florida.

Sector: Utilities · Industry: Renewable Utilities

Why this does not pass

Interest-bearing debt is 252.8% 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 8, 2026

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Institutional-grade Shariah analysis

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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
Doubtful
until the change above

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Utilities

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

0011.KLA+

Brite-Tech Bhd

$0.28

-0.02%

3069.KLA+

Mega First Corporation Bhd

$2.89

+0.04%

5041.KLA+

PBA Holdings Bhd

$2.08

+0.00%

5209.KLA+

Gas Malaysia Bhd

$5.35

-0.01%

5264.KLA+

Malakoff Corporation Bhd

$0.80

+0.02%

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Frequently Asked Questions

Is NextNRG Inc. (NXXT) halal to invest in?

NextNRG Inc. (NXXT) 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 NextNRG Inc. get a F compliance rating?

NextNRG Inc. (NXXT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 252.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change NextNRG Inc.'s Shariah verdict?

NextNRG 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 NextNRG Inc. re-screened for Shariah compliance?

NextNRG Inc. (NXXT) 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 8, 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.