Is NATIONAL RESEARCH CORP (NRC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 19.0% / 30% | 1.3% / 30% | 3.4% / 30% | 0.09% / 5% | ✓ HALAL |
| DJIM | 19.0% / 33% | 1.3% / 33% | 3.4% / 33% | 0.09% / 5% | ✓ HALAL |
| MSCI | 47.3% / 33% | 3.2% / 33% | 8.4% / 33% | 0.09% / 5% | ✗ NOT HALAL |
| S&P | 19.0% / 33% | 1.3% / 33% | 3.4% / 33% | 0.09% / 5% | ✓ HALAL |
| FTSE | 47.3% / 33% | 3.2% / 33% | 8.4% / 50% | 0.09% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 61.9% | |
| Operating Margin | 32.2% | |
| Net Margin | 8.4% | |
| Return on Equity (ROE) | 51.2% | |
| Return on Assets (ROA) | 13.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $26M |
| Free Cash Flow | $16M |
| Total Debt | $79M |
| Debt-to-Equity | 573.6 |
| Current Ratio | 0.6 |
| Total Assets | $135M |
Price & Trading
| Last Close | $17.36 |
| 50-Day MA | $16.52 |
| 200-Day MA | $15.72 |
| Avg Volume | 108K |
| Beta | 0.6 |
|
52-Week Range
$9.76
| |
About NATIONAL RESEARCH CORP (NRC)
National Research Corporation provides analytics and insights to measure and improve patient and employee experience for healthcare organizations in the United States. The company offers market experience solutions, a subscription-based services for improved tracking of awareness, perception, and consistency of healthcare brands; assessment of differentiators; and segmentation tools to evaluate the needs, wants, and behaviors of communities through assessments. It also provides patient experience solutions, a cross-continuum multi-mode digital platform that collects and measures data to improve patient experience, engagement, and loyalty; employee experience solutions, which combines health care with technology comprising engagement, pulse, lifecycle, culture of safety, and magnet RN satisfaction; and consumer experience solution that offers online reputation solutions, community insights, and cross-journey listening through nGage. In addition, the company offers Huey, an AI engine built for Human Understanding that serves as a healthcare experience management companion; and governance solutions provided through national conferences, publications, advisory services, and an online portal for not-for-profit health system boards of directors, executives, and physician leadership. Further, it provides patient experience, service recovery, care transitions, employee engagement, reputation management, rounding, and brand loyalty. National Research Corporation was founded in 1981 and is headquartered in Lincoln, Nebraska.
Purification Calculator
As a halal stock with 0.09% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is NATIONAL RESEARCH CORP (NRC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NATIONAL RESEARCH CORP is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is NATIONAL RESEARCH CORP's debt ratio?
NATIONAL RESEARCH CORP's debt ratio is 19.0% 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 47.3%.
Does NATIONAL RESEARCH CORP require dividend purification?
Yes, NATIONAL RESEARCH CORP has an impermissible income ratio of 0.09%, which means 0.09% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are NATIONAL RESEARCH CORP's key financial metrics?
NATIONAL RESEARCH CORP has a market capitalization of $390M, trailing P/E ratio of 34.3, and revenue of $137M. The company maintains a gross margin of 61.9% and a net margin of 8.4%. Return on equity stands at 51.2%.
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.