No. As of October 2026, NORDWEST Handel AG (NWX.F) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. NORDWEST Handel AG does not pass Musaffa's business and financial screening criteria.
NORDWEST Handel AG is a purchasing and service association, which supports medium-sized specialist wholesalers in purchasing and marketing tools, fittings, security technology solutions, personal protective equipment, steel, as well as plumbing and heating products. The company employs 430 full-time employees The firm operates through four segments: the Steel segment serves a steel trading network of over 100 small and medium-sized private enterprises with centralized procurement and complementary services; Construction/Trades and Crafts/Industry offers a range of equipment and tools in areas, such as occupational health and safety, construction components and equipment, power tools and machinery, hand tools, measuring tools and surface technology, precision tools, welding and connecting technology, as well as workshop and industrial goods; Sanitary and Heating Equipment is operated by HAGRO Haustechnik Handels GmbH, a joint subsidiary of the Company and Nuernberger Bund Produktionsverbindungshandels GmbH, and the Services segment covers financing and factoring, logistics and storage, merchandising, risk protection, information technology and e-commerce solutions, among others.
NORDWEST Handel AG NWX.F
€16.60 €0.80 (5.06%) 1D
Last Updated: Oct 09, 12:00 AM·XFRA
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NWX.F Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, NORDWEST Handel AG is classified as not halal.
NOT HALAL
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FAQ's for NORDWEST Handel AG (NWX.F)
As of October 2026, NORDWEST Handel AG NWX.F 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 NORDWEST Handel AG using these criteria to determine its compliance status.
Muslim investors may consider investing in NORDWEST Handel AG 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 NORDWEST Handel AG 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 NORDWEST Handel AG 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 NORDWEST Handel AG on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.