Is NET Power Inc. (NPWR) Halal?

NYSE Industrials United States $132M
✗ NOT HALAL
Confidence: 90/100
NET Power Inc. (NPWR) is Not Halal under AAOIFI Standard 21. While the debt ratio of 1.9% is acceptable, the cash and interest-bearing securities ratio of 310.2% exceeds the 30% threshold. NET Power Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1.9%
/ 30%
310.2%
/ 30%
2.3%
/ 30%
10116.8%
/ 5%
✗ NOT HALAL
DJIM 1.9%
/ 33%
310.2%
/ 33%
2.3%
/ 33%
10116.8%
/ 5%
✗ NOT HALAL
MSCI 0.1%
/ 33%
22.1%
/ 33%
0.2%
/ 33%
10116.8%
/ 5%
✗ NOT HALAL
S&P 1.9%
/ 33%
310.2%
/ 33%
2.3%
/ 33%
10116.8%
/ 5%
✗ NOT HALAL
FTSE 0.1%
/ 33%
22.1%
/ 33%
0.2%
/ 50%
10116.8%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-7.34
P/B Ratio
0.6
EV/EBITDA
-0.5
EV: $129M
Revenue
$0
Beta
0.8
Average volatility
Current Ratio
7.2

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -124.1%
Return on Assets (ROA) -12.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$121M
Free Cash Flow-$155M
Total Debt$4M
Debt-to-Equity0.7
Current Ratio7.2
Total Assets$600M

Price & Trading

Last Close$1.65
50-Day MA$2.05
200-Day MA$2.64
Avg Volume911K
Beta0.8
52-Week Range
$1.48
$5.20

About NET Power Inc. (NPWR)

CEO
Mr. Daniel Joseph Rice IV
Employees
54
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United States
Exchange
NYSE
Market Cap
$132M
Currency
USD

NET Power Inc. operates as an energy technology company in the United States. Its technology includes oxy-combustion cycle, a power generation system designed to produce electricity from natural gas while capturing atmospheric emissions. The company was founded in 2010 and is headquartered in Durham, North Carolina.

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Frequently Asked Questions

Is NET Power Inc. (NPWR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), NET Power Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is NET Power Inc.'s debt ratio?

NET Power Inc.'s debt ratio is 1.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.1%.

What are NET Power Inc.'s key financial metrics?

NET Power Inc. has a market capitalization of $132M. Return on equity stands at -124.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.