What is NextNav Inc.'s Shariah compliance score?

NextNav Inc. (NN) has a Shariah compliance score of 68/100 (Grade: B, Acceptable) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does NextNav Inc. pass AAOIFI screening?

NextNav Inc. (NN) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (NN: 10.8%), (3) interest-bearing deposits below 30% (NN: 6.0%), and (4) prohibited income below 5% (NN: 3.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for NextNav Inc. stock?

NextNav Inc. (NN) has a non-permissible income ratio of 3.61%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NN shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen NextNav Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for NextNav Inc. (NN) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about NN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is NextNav Inc. (NN) halal? Halal. Based on AAOIFI screening, NextNav Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 68/100 (Grade: B).

NN: Is NextNav Inc. Halal?

Halal

NextNav Inc.

NASDAQCommunication ServicesUS

$18.51

-2.17%

AvoidBorderlineClean

Purify ~3.6% of income

About NextNav Inc.

NextNav Inc. delivers sophisticated global positioning system (GPS) and three-dimensional geolocation capabilities. The company furnishes advanced positioning, navigation, and timing (PNT) solutions via its proprietary network-based offerings: Pinnacle and TerraPoiNT. Its Pinnacle 3D geolocation service boasts widespread commercial availability, operating in roughly 4,400 municipalities throughout the United States. In addition, the TerraPoiNT solution, an encrypted terrestrial network, has been implemented across 51 markets nationally. NextNav sells its technologies both directly to end-users and through collaborative partnerships. The firm was founded in 2007 and maintains its headquarters in McLean, Virginia.

Sector: Communication Services · Industry: Internet Content & Information

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

Acceptable

Acceptable but room for improvement

68Score

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 Cap10.8% / 30.0%

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above
Halal
until the change above
Not Halal
until the change above

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

Screened: Jun 18, 2026Fiscal: Q1 2026Source: FMP

Purify Your NN Dividends

3.6% non-compliant income

NN has 3.6% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

2.5B

Price

$18.51

Sector

Communication Services

Industry

Internet Content & Information

More Communication Services Stocks

DIS

The Walt Disney Company

NFLX

Netflix, Inc.

B+

Verizon Communications Inc.

AT&T Inc.

CMCSA

Comcast Corporation

Electronic Arts Inc.

B+

Free · No credit card required

Track NN and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is NextNav Inc. (NN) halal to invest in?

Based on AAOIFI Standard 21 screening, NextNav Inc. (NN) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did NextNav Inc. get a B compliance rating?

NextNav Inc. (NN) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 10.8% (limit 30%); interest-bearing deposits of 6.0% (limit 30%); prohibited income of 3.61% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change NextNav Inc.'s Shariah verdict?

NextNav 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 NextNav Inc. re-screened for Shariah compliance?

NextNav Inc. (NN) 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 18, 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.