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Shariah compliance overview

Halal

Nextpower Inc. (NXT) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Nextpower Inc.

Nextpower, Inc. engages in the provision of integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects.

Nextpower Inc. (NXT) operates in the Energy sector, in the Solar industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 1.41% (limit 5%), interest-bearing debt is 11.93% (limit 30%) and interest-bearing securities and assets are 13.06% (limit 30%).

If you hold NXT, give 1.14% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
1.41%Limit 5%Pass
Interest-bearing debt
11.93%Limit 30%Pass
Interest-bearing securities and assets
13.06%Limit 30%Pass
Dividend purification
1.14%Share of dividends to give to charityPurification calculator

Last updated: Oct 22, 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 Nextpower Inc. (NXT). Current Akinda screening label: Halal.