Is Nelnet Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Nelnet Inc (NNI) is currently classified as NOT HALAL as of May 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 Nelnet 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 Nelnet Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Nelnet Inc?

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

Musaffa determines the Shariah status of Nelnet 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 Nelnet Inc updated?

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

Can a halal stock like Nelnet 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 Nelnet Inc?

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

NNI Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 14, 2026

Report Source: 2026 1st Quarter Report

Nelnet Inc. Stock Analysis NNI

United States Financials Mid Cap Report: Q1, 2026

Nelnet, Inc. engages in loan servicing and education technology, services, and payment processing. The company is headquartered in Lincoln, Nebraska and currently employs 5,744 full-time employees. The company went IPO on 2003-12-11. The firm's segments include Loan Servicing and Systems (LSS), Education Technology Services and Payments (ETSP), Asset Generation and Management (AGM), and Nelnet Bank. The LSS segment is focused on consumer loan servicing, loan servicing-related technology solutions and outsourcing business services. This segment includes the brands Nelnet Diversified Solutions, Nelnet Government Services and others. The ETSP segment provides education and payment technology and services for K-12 schools, higher education institutions, churches, and businesses in the United States and internationally. The AGM segment includes the acquisition and management of students and other loan assets, including investment interests therein. The Nelnet Bank includes an Internet Utah-chartered industrial bank focused on the private education and unsecured consumer loan markets.

Key Statistics of Nelnet Inc (NNI)

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

Today's Range

$124.79$126.97

Today's Open

$126.67

Volume

163.94K

P/E Ratio (TTM)

10.53

52 Week Range

$111.82$144.38

Market Cap

5.07B

Avg. Volume

139.01K

Dividend Yield

0.99%

Financial Metrics & Statements of Nelnet Inc (NNI)

FAQ's for Nelnet Inc (NNI)

According to Musaffa’s Shariah screening methodology, Nelnet Inc (NNI) is currently classified as NOT HALAL as of May 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.