Is Nexxen International Ltd. (NEXN) halal? Doubtful. Based on AAOIFI screening, Nexxen International Ltd. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 47/100 (Grade: C).

Nexxen International Ltd.

NEXN: Is Nexxen International Ltd. Halal?

Doubtful

Nexxen International Ltd.

NASDAQCommunication ServicesIL

$8.55

-1.72%

Purify ~4.9% of income

About Nexxen International Ltd.

Nexxen International Ltd. provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Its sell supply side platform (SSP) provides access to data and a comprehensive product suite to drive inventory management and revenue optimization. The company also offers data management platform solution, which integrates DSP and SSP solutions enabling advertisers and publishers to use data from various sources in order to optimize results of their advertising campaigns. It serves ad buyers, advertisers, brands, agencies, and digital publishers in Israel, the United States, the Asia-Pacific, Europe, the Middle East, and Africa. The company was formerly known as Tremor International Ltd and changed its name to Nexxen International Ltd. in January 2024. Nexxen International Ltd. was incorporated in 2007 and is headquartered in Tel Aviv-Yafo, Israel.

Sector: Communication Services · Industry: Advertising Agencies

Why This Stock Is Doubtful

  • Interest-bearing deposits are 27.9% of market cap, only 2.1 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 11, 2026
C

Marginal

Multiple ratios near AAOIFI thresholds

47Score

Business Activity Screen

Passed

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

Peripheral exposure (still halal, purify this share)
3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • •Advertising Agencies: estimated 3.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap6.7% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Halal

    until the change above

  3. Doubtful

    until the change above

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

Screened: Jun 11, 2026Fiscal: FY 2025Source: FMP

Purify Your NEXN Dividends

1.9% non-compliant income

NEXN has 1.9% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

476.4M

Price

$8.55

Sector

Communication Services

Industry

Advertising Agencies

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Frequently Asked Questions

Is Nexxen International Ltd. (NEXN) halal to invest in?
Nexxen International Ltd. (NEXN) 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 Nexxen International Ltd. get a C compliance rating?
Nexxen International Ltd. (NEXN) received a grade of C (Marginal) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.7% (limit 30%); interest-bearing deposits of 27.9% (limit 30%); prohibited income of 1.92% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Nexxen International Ltd.'s Shariah verdict?
Nexxen International Ltd.'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 Nexxen International Ltd. re-screened for Shariah compliance?
Nexxen International Ltd. (NEXN) 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 11, 2026.

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.