
NXXT: Is NextNRG Inc. Halal?
NextNRG Inc.
$0.23
+3.13%
Market Cap: 35.7M
Compliance Status
Doubtful
Screened on Aug 26, 2026 · AAOIFI Standard 21
Good
Is NextNRG Inc. (NXXT) halal? Doubtful. Based on AAOIFI screening, NextNRG Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 76/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own NXXT, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened NXXT's prohibited income, but the exact share you would need to purify is part of Pro.
About NextNRG Inc.
NextNRG Inc. provides mobile fuel delivery solutions, primarily serving customers across Florida. This company supplies on-demand fuel to various client segments, including individual consumers, commercial fleets, maritime vessels, and other niche sectors. Founded in 2019, its corporate headquarters are situated in Miami, Florida.
Sector: Utilities · Industry: Renewable Utilities
Why This Stock Is Doubtful
- Debt is 25.9% of market cap, only 4.1 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtful, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
Is NextNRG Inc. (NXXT) halal to invest in?
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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.