Is Northwest Natural Holding Co (NWN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 123.9% / 30% | 1.7% / 30% | 9.9% / 30% | 0.29% / 5% | ✗ NOT HALAL |
| DJIM | 123.9% / 33% | 1.7% / 33% | 9.9% / 33% | 0.29% / 5% | ✗ NOT HALAL |
| MSCI | 43.5% / 33% | 0.6% / 33% | 3.5% / 33% | 0.29% / 5% | ✗ NOT HALAL |
| S&P | 123.9% / 33% | 1.7% / 33% | 9.9% / 33% | 0.29% / 5% | ✗ NOT HALAL |
| FTSE | 43.5% / 33% | 0.6% / 33% | 3.5% / 50% | 0.29% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 43.9% | |
| Operating Margin | 25.4% | |
| Net Margin | 8.8% | |
| Return on Equity (ROE) | 7.9% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $269M |
| Free Cash Flow | -$198M |
| Total Debt | $2.7B |
| Debt-to-Equity | 181.9 |
| Current Ratio | 0.7 |
| Total Assets | $6.2B |
Price & Trading
| Last Close | $52.86 |
| 50-Day MA | $49.94 |
| 200-Day MA | $45.38 |
| Avg Volume | 310K |
| Beta | 0.5 |
|
52-Week Range
$38.94
| |
About Northwest Natural Holding Co (NWN)
Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States. It operates through three segments: NWN Gas Utility, SiEnergy, and NWN Water. The company operates mist gas storage facility contracted to utilities, third-party marketers, and electric generators; offers natural gas asset management services; interstate storage; and operates an appliance retail center. It also engages in the gas storage, water and wastewater, non-regulated renewable natural gas, and other investment businesses. In addition, the company offers natural gas services in Oregon and southwest Washington; water and wastewater connections; and operation, maintenance, and management services to water and wastewater system owners. Northwest Natural Holding Company was founded in 1859 and is headquartered in Portland, Oregon.
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Frequently Asked Questions
Is Northwest Natural Holding Co (NWN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Northwest Natural Holding Co 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 Northwest Natural Holding Co's debt ratio?
Northwest Natural Holding Co's debt ratio is 123.9% 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 43.5%.
What are Northwest Natural Holding Co's key financial metrics?
Northwest Natural Holding Co has a market capitalization of $2.2B, trailing P/E ratio of 19.1, and revenue of $1.3B. The company maintains a gross margin of 43.9% and a net margin of 8.8%. Return on equity stands at 7.9%.
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.