Is NORTH EUROPEAN OIL ROYALTY TRUST (NRT) Halal?
Shariah Screening — 5 Standards
Based on financial data from October 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 5.6% / 30% | 0.0% / 30% | 0.98% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 5.6% / 33% | 0.0% / 33% | 0.98% / 5% | ✓ HALAL |
| MSCI | 0.0% / 33% | 100.0% / 33% | 0.0% / 33% | 0.98% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 5.6% / 33% | 0.0% / 33% | 0.98% / 5% | ✓ HALAL |
| FTSE | 0.0% / 33% | 100.0% / 33% | 0.0% / 50% | 0.98% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 87.2% | |
| Net Margin | 91.9% | |
| Return on Equity (ROE) | 596.4% | |
| Return on Assets (ROA) | 213.9% |
Cash Flow & Balance Sheet
| Free Cash Flow | $3M |
| Current Ratio | 1.9 |
| Total Assets | $5M |
Price & Trading
| Last Close | $9.28 |
| 50-Day MA | $8.86 |
| 200-Day MA | $6.49 |
| Avg Volume | 119K |
| Beta | 0.2 |
|
52-Week Range
$4.00
| |
About NORTH EUROPEAN OIL ROYALTY TRUST (NRT)
North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company also has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. In addition, it holds royalties for the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur. The company was founded in 1975 and is based in Keene, New Hampshire.
Purification Calculator
As a halal stock with 0.98% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is NORTH EUROPEAN OIL ROYALTY TRUST (NRT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NORTH EUROPEAN OIL ROYALTY TRUST 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 NORTH EUROPEAN OIL ROYALTY TRUST's debt ratio?
NORTH EUROPEAN OIL ROYALTY TRUST's debt ratio is 0.0% 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 0.0%.
Does NORTH EUROPEAN OIL ROYALTY TRUST require dividend purification?
Yes, NORTH EUROPEAN OIL ROYALTY TRUST has an impermissible income ratio of 0.98%, which means 0.98% 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 NORTH EUROPEAN OIL ROYALTY TRUST's key financial metrics?
NORTH EUROPEAN OIL ROYALTY TRUST has a market capitalization of $85M, trailing P/E ratio of 8.8, and revenue of $9M. The company maintains a gross margin of 100.0% and a net margin of 91.9%. Return on equity stands at 596.4%.
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.