Is NexGen Energy Ltd. (NXE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 5.8% / 30% | 6.0% / 30% | 0.0% / 30% | N/A | ✓ HALAL |
| DJIM | 5.8% / 33% | 6.0% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| MSCI | 27.6% / 33% | 28.8% / 33% | 0.1% / 33% | N/A | ✓ HALAL |
| S&P | 5.8% / 33% | 6.0% / 33% | 0.0% / 33% | N/A | ✓ HALAL |
| FTSE | 27.6% / 33% | 28.8% / 33% | 0.1% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -20.6% | |
| Return on Assets (ROA) | -2.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$48M |
| Free Cash Flow | -$233M |
| Total Debt | $587M |
| Debt-to-Equity | 32.4 |
| Current Ratio | 1.8 |
| Total Assets | $2.5B |
Price & Trading
| Last Close | $11.08 |
| 50-Day MA | $12.15 |
| 200-Day MA | $9.15 |
| Avg Volume | 8.9M |
| Beta | 1.7 |
|
52-Week Range
$3.91
| |
About NexGen Energy Ltd. (NXE)
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, evaluation, and development of uranium properties in Canada. The company holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of approximately 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. NexGen Energy Ltd. was founded in 2011 and is headquartered in Vancouver, Canada.
Related Halal Stocks in Energy
Frequently Asked Questions
Is NexGen Energy Ltd. (NXE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NexGen Energy Ltd. 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 NexGen Energy Ltd.'s debt ratio?
NexGen Energy Ltd.'s debt ratio is 5.8% 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 27.6%.
What are NexGen Energy Ltd.'s key financial metrics?
NexGen Energy Ltd. has a market capitalization of $7.3B. Return on equity stands at -20.6%.
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.