NXG Nextgen Infrastructure Income Fund NXG
$60.74 $1.17 (1.96%) 1D
Last Updated: Aug 10, 12:00 AM·NYSE
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NXG Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, NXG Nextgen Infrastructure Income Fund is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
NXG Nextgen Infrastructure Income Fund. Stock Analysis NXG
United States N/A Micro Cap NXG Nextgen Infrastructure Income Fund is a US-based company operating in industry. The company is headquartered in Dallas, Texas. The company went IPO on 2012-09-26. NXG NextGen Infrastructure Income Fund (the Fund), formerly The Cushing Nextgen Infrastructure Income Fund, is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high total return with an emphasis on current income. The company invests at least 80% of its managed assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies and technology and communication infrastructure companies. The Fund's investment portfolio includes sectors, such as utilities, large cap diversified c-corps, engineering and construction, cybersecurity, solar equipment, electrical power equipment, cloud services, cryptocurrency miners, and others. Cushing Asset Management, LP, doing business as NXG Investment Management, is the investment advisor of the Fund.
NXG Nextgen Infrastructure Income Fund (NXG) Chart
Financial Metrics & Statements of NXG Nextgen Infrastructure Income Fund (NXG)
FAQ's for NXG Nextgen Infrastructure Income Fund (NXG)
- As of August 2026, NXG Nextgen Infrastructure Income Fund NXG 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 NXG Nextgen Infrastructure Income Fund using these criteria to determine its compliance status.
- Muslim investors may consider investing in NXG Nextgen Infrastructure Income Fund 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 NXG Nextgen Infrastructure Income Fund 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 NXG Nextgen Infrastructure Income Fund 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 NXG Nextgen Infrastructure Income Fund 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 NXG Nextgen Infrastructure Income Fund (NXG)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
