Is NextDecade Corp halal to invest in?

According to Musaffa's Shariah screening methodology, NextDecade Corp (NEXT) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is NextDecade Corp a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes NextDecade Corp using these criteria to determine its compliance status.

Can Muslims buy shares of NextDecade Corp?

Muslim investors may consider investing in NextDecade 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.

Why is NextDecade Corp classified as NOT HALAL?

Musaffa determines the Shariah status of NextDecade Corp by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for NextDecade Corp updated?

The Shariah compliance status of NextDecade Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like NextDecade Corp become non-compliant?

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.

Where can I check the Shariah status of NextDecade Corp?

You can check the latest Shariah compliance status of NextDecade Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NEXT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 03, 2026

Report Source: 2025 Annual Report

Analyst's Ratings for NextDecade Corp (NEXT)

Based on 10 analysts giving stock ratings to NextDecade Corp in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

NextDecade Corp. Stock Analysis NEXT

United States Energy Mid Cap Report: 2025 Annual

NextDecade Corp. is a development company, which focuses on liquefied natural gas (LNG) export projects and associated pipelines. The company is headquartered in Houston, Texas and currently employs 360 full-time employees. The company went IPO on 2015-03-24. The firm is engaged in construction and development activities related to the liquefaction and sale of liquefied natural gas (LNG) and the capture and storage of carbon dioxide (CO2) emissions. The firm is constructing and developing a natural gas liquefaction and export facility located in the Rio Grande Valley in Brownsville, Texas (the Rio Grande LNG Facility), which has three liquefaction trains and related infrastructure under construction. Through its subsidiary, Rio Grande LNG, LLC (Rio Grande), the Company is constructing the Rio Grande LNG Facility on the north shore of the Brownsville Ship Channel. The site is located on 984 acres of land which has been leased long-term and includes 15 thousand feet of frontage on the Brownsville Ship Channel. The company is also developing a planned carbon capture and storage (CCS) project at the Rio Grande LNG Facility and other potential CCS projects.

Key Statistics of NextDecade Corp (NEXT)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$8.96$9.24

Today's Open

$8.99

Volume

4.51M

P/E Ratio (TTM)

52 Week Range

$4.75$12.12

Market Cap

2.09B

Avg. Volume

3.45M

Dividend Yield

Financial Metrics & Statements of NextDecade Corp (NEXT)

FAQ's for NextDecade Corp (NEXT)

According to Musaffa’s Shariah screening methodology, NextDecade Corp (NEXT) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.