As of August 2026, NEXT-ChemX Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
NEXT-ChemX Corp. Stock Analysis CHMX
United States Industrials Nano Cap
NEXT-ChemX Corp. engages in providing consulting services in China principally focused on the development of new-high-tech products marketing and retail sales. The company is headquartered in Los Angeles, California and currently employs 5 full-time employees. The company went IPO on 2016-07-13. The iTDE Technology is able to extract ions existing in low concentrations from liquid solutions. The iTDE Technology allows for the removal of ions from solution: without concentration by evaporation; without pressure or additional heating (reducing energy costs) and targets the specific ions to be extracted (reducing the need for further operations and increasing the potential for the sale of other ions present in the solution). The firm is primarily focused on completion of the first of two pilot plants embodying the iTDE Technology system that enables the demonstration of the extraction system for the extraction of lithium, calcium, magnesium, boron, and certain other elements. The company is also focused on developing two or three other targeted systems for the mining of metals as well as water treatment systems and recycling.
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Financial Metrics & Statements of NEXT-ChemX Corp (CHMX)
FAQ's for NEXT-ChemX Corp (CHMX)
As of August 2026, NEXT-ChemX Corp CHMX is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes NEXT-ChemX Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in NEXT-ChemX Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of NEXT-ChemX Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of NEXT-ChemX Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of NEXT-ChemX Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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