New Jersey Resources Corp NJR
$53.52 $1.32 (2.41%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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NJR Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, New Jersey Resources Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
New Jersey Resources Corp. Stock Analysis NJR
United States Utilities Mid Cap New Jersey Resources Corp. is a holding company, which engages in the provision of regulated natural gas distribution services, transmission and storage services, and operates certain unregulated businesses. The company is headquartered in Belmar, New Jersey and currently employs 1,376 full-time employees. Its New Jersey Natural Gas business operates and maintains natural gas transportation and distribution infrastructure. Its Clean Energy Ventures business invests in, owns and operates solar projects. Its Energy Services business manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions. Its Storage and Transportation business serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River Storage and the Adelphia Gateway Pipeline, as well as its 50% equity ownership in the Steckman Ridge natural gas storage facility. Its Home Services business provides service plans, installation and repair of heating, central air conditioning, water heaters, standby generators, and other indoor and outdoor comfort products.
New Jersey Resources Corp (NJR) Chart
Financial Metrics & Statements of New Jersey Resources Corp (NJR)
FAQ's for New Jersey Resources Corp (NJR)
- As of August 2026, New Jersey Resources Corp NJR 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 New Jersey Resources Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in New Jersey Resources 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 New Jersey Resources 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 New Jersey Resources 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 New Jersey Resources Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.