NextMart, Inc. engages in the art theme products and art themed real estate development business. The company is headquartered in Holyoke, Massachusetts. The company went IPO on 2000-11-14. The firm provides oilfield services, including salt water and freshwater hauling, hydrocar services, pressure control and flowback, solids control, drilling cuttings removal and disposal, oilfield construction, tank/pit cleaning, rig and tank steam cleaning, hotshot delivery, winch truck heavy hauling, and frac tank rentals. Its services over 68 oilfield clients, including oil companies, such as Exxon Mobile's subsidiary, XTO, Chevron, Conoco Phillips, Occidental (OXY), and independent public oil companies, such as EOG, Devon, Cimarex, Noble Energy and many more. Its oilfield service is mainly in the Permian Basis, which is located in Western Texas and Eastern New Mexico.
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As of August 2026, Nextmart Inc NXMR is classified as not covered 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 Nextmart Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Nextmart 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 Nextmart 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 Nextmart 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 Nextmart Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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