Is New Generation Consumer Group Inc halal to invest in?

According to Musaffa's Shariah screening methodology, New Generation Consumer Group Inc (NGCG) 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 New Generation Consumer Group Inc 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 New Generation Consumer Group Inc using these criteria to determine its compliance status.

Can Muslims buy shares of New Generation Consumer Group Inc?

Muslim investors may consider investing in New Generation Consumer Group Inc 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 New Generation Consumer Group Inc classified as NOT HALAL?

Musaffa determines the Shariah status of New Generation Consumer Group Inc 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 New Generation Consumer Group Inc updated?

The Shariah compliance status of New Generation Consumer Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like New Generation Consumer Group Inc 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 New Generation Consumer Group Inc?

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

NGCG Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 07, 2026

Report Source: 2025 3rd Quarter Report

New Generation Consumer Group Inc. Stock Analysis NGCG

United States N/A Nano Cap Report: Q3, 2025

New Generation Consumer Group, Inc. is a metal and mining company, which engages in the provision of rare metals. The company is headquartered in Los Angeles, California. The company went IPO on 2001-07-12. The firm focuses a range of metals, including lithium, gold and silver. The firm focuses on reclaiming electronic waste to recover lithium, gold, silver copper and other metals. The firm operates in California.

Key Statistics of New Generation Consumer Group Inc (NGCG)

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

Today's Range

$0.00$0.00

Today's Open

$0.00

Volume

1.10M

P/E Ratio (TTM)

52 Week Range

$0$0.02

Market Cap

181.16K

Avg. Volume

3.99M

Dividend Yield

Financial Metrics & Statements of New Generation Consumer Group Inc (NGCG)

FAQ's for New Generation Consumer Group Inc (NGCG)

According to Musaffa’s Shariah screening methodology, New Generation Consumer Group Inc (NGCG) 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.