Is Energy Vault Holdings Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Energy Vault Holdings Inc (NRGV) 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 Energy Vault Holdings 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 Energy Vault Holdings Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Energy Vault Holdings Inc?

Muslim investors may consider investing in Energy Vault Holdings 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 Energy Vault Holdings Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Energy Vault Holdings 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 Energy Vault Holdings Inc updated?

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

Can a halal stock like Energy Vault Holdings 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 Energy Vault Holdings Inc?

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

NRGV Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 19, 2026

Report Source: 2025 Annual Report

Energy Vault Holdings Inc. Stock Analysis NRGV

United States Industrials Small Cap Report: 2025 Annual

Energy Vault Holdings, Inc. engages in the provision of energy storage solutions. The company is headquartered in Westlake Village, California and currently employs 158 full-time employees. The company went IPO on 2021-03-29. Its comprehensive offerings include proprietary battery, gravity and green hydrogen energy storage technologies supporting a variety of customer use cases delivering energy system dispatching and optimization. Each storage solution is supported by the Company’s technology-agnostic energy management system software and integration platform. Its technology portfolio delivers customized short, long and multi-day/ultra-long duration energy storage solutions to help utilities, independent power producers, and large industrial energy users. Its solutions include B-Vault, B-Nest, G-Vault, H-Vault and software solutions. Its software solutions include Vault-OS Energy Management System, Vault-Bidder and Vault-Manager. Its projects include Calistoga Resiliency Center, Cross Trails Battery Energy Storage System and SOSA Energy Center.

Key Statistics of Energy Vault Holdings Inc (NRGV)

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

Today's Range

$4.60$5.19

Today's Open

$4.39

Volume

7.66M

P/E Ratio (TTM)

52 Week Range

$0.65$6.35

Market Cap

788.61M

Avg. Volume

3.74M

Dividend Yield

Financial Metrics & Statements of Energy Vault Holdings Inc (NRGV)

FAQ's for Energy Vault Holdings Inc (NRGV)

According to Musaffa’s Shariah screening methodology, Energy Vault Holdings Inc (NRGV) 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.