Is Newegg Commerce, Inc. (NEGG) halal? Doubtful. Based on AAOIFI screening, Newegg Commerce, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 63/100 (Grade: B).

Newegg Commerce, Inc.

NEGG: Is Newegg Commerce, Inc. Halal?

Doubtful

Newegg Commerce, Inc.

NASDAQConsumer CyclicalUS

$19.50

-4.45%

Purify ~0.2% of income

Why This Stock Is Doubtful

  • Interest-bearing deposits are 27.2% of market cap, only 2.8 points below the 30% 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

AAOIFI Standard 21Updated Jun 17, 2026
B

Acceptable

Acceptable but room for improvement

63Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap16.0% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Not Halal

    until the change above

  3. Halal

    until the change above

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

Screened: Jun 17, 2026Fiscal: FY 2025Source: FMP

Purify Your NEGG Dividends

0.2% non-compliant income

NEGG has 0.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

409.0M

Price

$19.50

Sector

Consumer Cyclical

Industry

Internet Retail

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Frequently Asked Questions

Is Newegg Commerce, Inc. (NEGG) halal to invest in?
Newegg Commerce, Inc. (NEGG) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Newegg Commerce, Inc. get a B compliance rating?
Newegg Commerce, Inc. (NEGG) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 16.0% (limit 30%); interest-bearing deposits of 27.2% (limit 30%); prohibited income of 0.16% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Newegg Commerce, Inc.'s Shariah verdict?
Newegg Commerce, 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 Newegg Commerce, Inc. re-screened for Shariah compliance?
Newegg Commerce, Inc. (NEGG) 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 17, 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.