Naga Group AG N4G.BE
€3.18
Last Updated: Dec 17, 12:00 AM·BE
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Is Naga Group AG Stock Halal?
Shariah Compliance Analysis of N4G.BE Stock
Germany Information Technology Micro Cap No. As of September 2026, Naga Group AG (N4G.BE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Naga Group AG does not pass Musaffa's business and financial screening criteria.
The Naga Group AG is a financial technology company, which engages in the business of brokering contracts for differences and equities, developing technology for the financial sector, and using blockchain technology. The company is headquartered in Hamburg, Hamburg and currently employs 259 full-time employees. The company went IPO on 2017-07-10. The firm's products include NAGA TRADER, a social trading application that allows users to trade foreign exchange (ForEx), indices, equities and cryptocurrency Contracts for Difference (CFDs) by copying other trades; NAGA VIRTUAL, a platform for trading in virtual objects from online games; NAGA COIN, a social trading platform for the NGC cryptocurrency; NAGA WALLET, a multi-currency payment gateway for cryptocurrencies and digital money; NAGA EXCHANGE, a cryptocurrency exchange network, and NAGA ACADEMY, an online learning portal for traders. The firm has offices in Germany, Spain, Bosnia and Herzegovina, and Cyprus.
N4G.BE Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Naga Group AG is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Naga Group AG (N4G.BE) Chart
Financial Metrics & Statements of Naga Group AG (N4G.BE)
FAQ's for Naga Group AG (N4G.BE)
- As of September 2026, Naga Group AG N4G.BE 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 Naga Group AG using these criteria to determine its compliance status.
- Muslim investors may consider investing in Naga Group AG 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 Naga Group AG 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 Naga Group AG 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 Naga Group AG on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Naga Group AG (N4G.BE)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
