NextNav Inc NN
$17.55 $0.22 (1.27%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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NN Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, NextNav Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
NextNav Inc. Stock Analysis NN
United States Information Technology Mid Cap 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.
NextNav Inc (NN) Chart
Financial Metrics & Statements of NextNav Inc (NN)
FAQ's for NextNav Inc (NN)
- As of August 2026, NextNav Inc NN 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 NextNav Inc using these criteria to determine its compliance status.
- 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.
- 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.
- The Shariah compliance status of NextNav Inc 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 NextNav Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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