Is Neuberger Next Generation Connectivity Fund Inc. (NBXG) halal? Not Halal. Based on AAOIFI screening, Neuberger Next Generation Connectivity Fund Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Neuberger Next Generation Connectivity Fund Inc.

NBXG: Is Neuberger Next Generation Connectivity Fund Inc. Halal?

Not Halal

Neuberger Next Generation Connectivity Fund Inc.

NYSEFinancial ServicesUS

$16.62

+0.06%

About Neuberger Next Generation Connectivity Fund Inc.

Neuberger Next Generation Connectivity Fund, Inc. a non-diversified, limited term closed-end management investment company. Its objective is to provide capital appreciation and income. The company was founded on February 3, 2021 and is headquartered in New York, NY.

Sector: Financial Services 路 Industry: Asset Management

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Basket-weighted haram holdings exceed 5% (17.3%)

Basket Composition

83% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

63%
17%
17%
Halal63%
Doubtful3%
Haram17%
Unknown17%

Top Holdings

METAMeta Platforms Inchalal6.04%AMZNAmazon.com Inchalal5.76%MSFTMicrosoft Corphalal5.68%TSMTaiwan Semiconductor Manufacturing Co Ltdhalal4.49%NVDANVIDIA Corphalal4.45%HOODRobinhood Markets Incharam4.03%SK hynix Incunknown3.90%TAT&T Incharam2.88%LYVLive Nation Entertainment Inchalal2.70%FICOFair Isaac Corphalal2.67%

Compliance History

  1. Not Halalnow

    current status

  2. Under Review

    until the change above

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

Screened: Jun 14, 2026Fiscal: N/ASource: FMP-LOOKTHROUGH

Financial Overview

Market Cap

1.3B

Price

$16.62

Sector

Financial Services

Industry

Asset Management

Halal Alternatives in Financial Services

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

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AllianceBernstein Holding L.P.
ABA+

AllianceBernstein Holding L.P.

$36.03

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Inflection Point Acquisition Corp. III
IPCXA+

Inflection Point Acquisition Corp. III

$10.31

+0.00%

Axiom Intelligence Acquisition Corp 1
AXINA+

Axiom Intelligence Acquisition Corp 1

$10.42

+0.29%

More Financial Services Stocks

JPM

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BAC

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Frequently Asked Questions

Is Neuberger Next Generation Connectivity Fund Inc. (NBXG) halal to invest in?
Neuberger Next Generation Connectivity Fund Inc. (NBXG) 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 Neuberger Next Generation Connectivity Fund Inc. get a F compliance rating?
Neuberger Next Generation Connectivity Fund Inc.'s compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
What could change Neuberger Next Generation Connectivity Fund Inc.'s Shariah verdict?
Neuberger Next Generation Connectivity Fund Inc.'s verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
How often is Neuberger Next Generation Connectivity Fund Inc. re-screened for Shariah compliance?
Neuberger Next Generation Connectivity Fund Inc. (NBXG) 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: Jun 14, 2026.

Screened according to AAOIFI Standard No. 21 路 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.