Is Nexgel Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Nexgel Inc (NXGL) is currently classified as HALAL as of April 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 Nexgel 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 Nexgel Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Nexgel Inc?

Muslim investors may consider investing in Nexgel 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 Nexgel Inc classified as HALAL?

Musaffa determines the Shariah status of Nexgel 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 Nexgel Inc updated?

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

Can a halal stock like Nexgel 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 Nexgel Inc?

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

NXGL Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 03, 2026

Report Source: 2025 Annual Report

Nexgel Inc. Stock Analysis NXGL

United States Health Care Nano Cap Report: 2025 Annual

NexGel, Inc. engages in the manufacture of aqueous polymer hydrogels used for wound care, medical diagnostics, transdermal drug delivery, and cosmetics. The company is headquartered in Langhorne, Pennsylvania and currently employs 19 full-time employees. The company went IPO on 2021-12-22. The company is engaged in manufacturing high water content, electron beam cross-linked, aqueous polymer hydrogels, or gels, used for wound care, medical diagnostics, transdermal drug delivery, and cosmetics. The company specializes in custom gels by capitalizing on proprietary manufacturing technologies. The firm operates through two segments: NexGel and CGN. Its Nexgel segment comprises the manufacturing of ultra-gentle, high-water-content hydrogel products for healthcare and consumer applications, which is based in Langhorne, Pennsylvania. Its CGN segment comprises is comprised of the CGN JV used for the Company’s converting and packaging business, which is based in Granbury, Texas. Its brands include Silverseal, Hexagels, Turfguard, Kenkoderm, and Silly George. The company also holds a portfolio of regenerative biomaterials which include Biovance, Biovance 3L, Natalin, and others.

Key Statistics of Nexgel Inc (NXGL)

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

Today's Range

$0.48$0.58

Today's Open

$0.54

Volume

130.20K

P/E Ratio (TTM)

52 Week Range

$0.48$2.89

Market Cap

6.75M

Avg. Volume

355.05K

Dividend Yield

Financial Metrics & Statements of Nexgel Inc (NXGL)

FAQ's for Nexgel Inc (NXGL)

According to Musaffa’s Shariah screening methodology, Nexgel Inc (NXGL) is currently classified as HALAL as of April 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.