As of August 2026, NextEd Group Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
NextEd Group Ltd. Stock Analysis NXD.AX
Australia Consumer Discretionary Nano Cap
NextEd Group Ltd. engages in the provision of building and construction, hospitality, healthcare, creative digital technologies, managerial, marketing, computer coding, and interior design and styling courses. The firm offers courses across the English language, vocational and higher education sectors, to both domestic and international students. Its segments include International, Technology & Design, Domestic Vocational, and Go study. Its International segment provides English Language Intensive Courses for Overseas Students (ELICOS), and vocational education and training (VET) courses for overseas students. The Technology & Design segment provides face-to-face and online courses in information technology, digital design, interactive multimedia, computer coding, digital marketing, games and apps programming, and interior design. Its Domestic Vocational segment provides vocational courses for domestic students. Its Go Study is an international student advisory recruitment agency with offices in Australia (Sydney, Melbourne, Brisbane, Gold Coast, Perth), Europe (Spain, France, Italy) and South America (Chile, Mexico).
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Financial Metrics & Statements of NextEd Group Ltd (NXD.AX)
FAQ's for NextEd Group Ltd (NXD.AX)
As of August 2026, NextEd Group Ltd NXD.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 NextEd Group Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in NextEd 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 NextEd 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 NextEd 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 NextEd 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 NextEd Group Ltd (NXD.AX)
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