Is NextNav Inc halal to invest in?

According to Musaffa's Shariah screening methodology, NextNav Inc (NN) 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 NextNav 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 NextNav Inc using these criteria to determine its compliance status.

Can Muslims buy shares of NextNav Inc?

Muslim investors may consider investing in NextNav 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 NextNav Inc classified as NOT HALAL?

Musaffa determines the Shariah status of NextNav 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 NextNav Inc updated?

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

Can a halal stock like NextNav 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 NextNav Inc?

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

NN Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 18, 2026

Report Source: 2025 Annual Report

NextNav Inc. Stock Analysis NN

United States Information Technology Mid Cap Report: 2025 Annual

NextNav, Inc. engages in development of positioning, navigation, and timing solutions. The company is headquartered in Reston, Virginia and currently employs 103 full-time employees. The company went IPO on 2021-10-29. The Company, as a license holder in a spectrum band expressly designated for terrestrial positioning services, is positioned to enable a widescale terrestrial complement and backup to Global Positioning System (GPS). Leveraging licensed low-band spectrum and the global 5G ecosystem, the Company is focused on delivering 3D PNT solutions. The company delivers PNT services through its Pinnacle and TerraPoiNT solutions. The Pinnacle system provides an accurate altitude service and is primarily used for public safety applications, including enhanced 911 (E911) for Verizon and a number of devices operating on the remaining national cellular network providers. The TerraPoiNT system is a terrestrially based dedicated, complementary 3D PNT network designed to overcome the limitations inherent in the space-based nature of GPS. The company serves various industries, including telecom and public safety.

Key Statistics of NextNav Inc (NN)

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

Today's Range

$19.65$21.59

Today's Open

$21.29

Volume

3.31M

P/E Ratio (TTM)

52 Week Range

$10.84$24.19

Market Cap

2.56B

Avg. Volume

3.42M

Dividend Yield

Financial Metrics & Statements of NextNav Inc (NN)

FAQ's for NextNav Inc (NN)

According to Musaffa’s Shariah screening methodology, NextNav Inc (NN) 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.