NEXION Group Ltd NNG.AX
AUD0.02
Last Updated: Apr 22, 12:00 AM·ASX
Pricing for AU stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
News
Pricing
Company
About Musaffa
Investors
Build with us
Is NEXION Group Ltd Stock Halal?
Shariah Compliance Analysis of NNG.AX Stock
Australia Information Technology Nano Cap No. As of October 2026, NEXION Group Ltd (NNG.AX) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NEXION Group Ltd does not pass Musaffa's business and financial screening criteria.
NEXION Group Ltd. engages in the provision of core compute, storage, network, and security services. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-02-18. The firm provides hybrid cloud hosting, data and voice network delivery, technology support services, and technical product sales. Its product categories include networking, cloud, services, and general. Its NEXION OneCloud service nodes offer solutions to support businesses to deliver local private cloud, connected to locations with public cloud integration. Its customers use its private cloud infrastructure to host the mission-critical software applications that are essential to keeping their businesses operating. The company delivers core technology and technical support to enterprise customers that rely on the Company to keep their software operating, their networks working and their data available.
NNG.AX Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, NEXION Group Ltd is classified as not halal.
NOT HALALNEXION Group Ltd (NNG.AX) Chart
Fetching Price Chart...
Financial Metrics & Statements of NEXION Group Ltd (NNG.AX)
FAQ's for NEXION Group Ltd (NNG.AX)
- As of October 2026, NEXION Group Ltd NNG.AX 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 NEXION Group Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in NEXION Group Ltd 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 NEXION Group Ltd 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 NEXION Group Ltd 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 NEXION Group Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for NEXION Group Ltd (NNG.AX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
