Is NextPlat Corp halal to invest in?

According to Musaffa's Shariah screening methodology, NextPlat Corp (NXPL) is currently classified as NOT 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 NextPlat Corp 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 NextPlat Corp using these criteria to determine its compliance status.

Can Muslims buy shares of NextPlat Corp?

Muslim investors may consider investing in NextPlat Corp 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 NextPlat Corp classified as NOT HALAL?

Musaffa determines the Shariah status of NextPlat Corp 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 NextPlat Corp updated?

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

Can a halal stock like NextPlat Corp 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 NextPlat Corp?

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

NXPL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 03, 2026

Report Source: 2025 Annual Report

NextPlat Corp. Stock Analysis NXPL

United States Communication Services Nano Cap Report: 2025 Annual

NextPlat Corp is a US-based company operating in Diversified Telecommunication Services industry. The company is headquartered in Hallandale Beach, Florida and currently employs 121 full-time employees. NextPlat Corp is a consumer products and services company providing healthcare and technology solutions through e-Commerce and retail channels worldwide. The company is operating in the e-Commerce and Healthcare sectors. Through acquisitions, joint ventures, and collaborations, the Company seeks to assist businesses in selling their goods online, domestically, and internationally. The firm operates an e-Commerce communications division offering voice, data, tracking, and Internet of Things (IoT) products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care Inc. Additionally, the Company provides a comprehensive array of Satellite Industry communication services and related equipment sales. The company also utilizes an artificial-intelligence (AI)-powered digital advertising platform service enabling it to reach consumers across social media channels.

Key Statistics of NextPlat Corp (NXPL)

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

Today's Range

$6.01$6.51

Today's Open

$6.45

Volume

2360.00

P/E Ratio (TTM)

52 Week Range

$3.38$11.10

Market Cap

18.40M

Avg. Volume

11.80K

Dividend Yield

Financial Metrics & Statements of NextPlat Corp (NXPL)

FAQ's for NextPlat Corp (NXPL)

According to Musaffa’s Shariah screening methodology, NextPlat Corp (NXPL) is currently classified as NOT 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.