As of August 2026, Energy Vault Holdings Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Energy Vault Holdings Inc. Stock Analysis NRGV
United States Industrials Small Cap
Energy Vault Holdings, Inc. engages in the provision of energy storage solutions. The company is headquartered in Westlake Village, California and currently employs 142 full-time employees. The company went IPO on 2021-03-29. The firm's 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 its 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, 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 (BESS), SOSA Energy Center, and McMurtre BESS.
Energy Vault Holdings Inc (NRGV) Chart
Financial Metrics & Statements of Energy Vault Holdings Inc (NRGV)
FAQ's for Energy Vault Holdings Inc (NRGV)
As of August 2026, Energy Vault Holdings Inc NRGV 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 Energy Vault Holdings Inc using these criteria to determine its compliance status.
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.
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.
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.
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 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.
Alternate Halal Stocks for Energy Vault Holdings Inc (NRGV)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.