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Shariah compliance overview

Not Halal

New Jersey Resources Corporation (NJR) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About New Jersey Resources Corporation

New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions.

New Jersey Resources Corporation (NJR) operates in the Utilities sector, in the Regulated Gas industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
0.00%Limit 5%Pass
Interest-bearing debt
76.89%Limit 30%Fail
Interest-bearing securities and assets
0.20%Limit 30%Pass
Dividend purification
0.00%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about New Jersey Resources Corporation (NJR). Current Akinda screening label: Not Halal.