Is Nebius (NBIS) stock Halal?
As of the September 2026 screening, Nebius Group NV (NBIS) meets every AAOIFI Shariah Standard No. 21 requirement: non-permissible income, interest-bearing investments and interest-bearing debt all sit within the thresholds, and there is no impermissible preference share structure. The dividend purification factor is 98.83%. The stock is re-screened every month.
Nebius is a financial asset representing an organization specializing in digital transformation and IT services. The company plays a pivotal role in modernizing businesses by providing cloud computing, data management, and software solutions. Notably, Nebius Group facilitates IT infrastructure development and delivers cutting-edge technological services that empower a wide range of industries, including finance, healthcare, retail, and manufacturing. For Muslim investors, though, the most pressing question is simpler: is Nebius a Halal investment?
Is Nebius Shariah compliant?
Media and platform businesses sit closer to the activity screen than most: advertising, content and app ecosystems can carry impermissible elements, and AAOIFI Shariah Standard No. 21 tolerates them only below 5% of revenue. For Nebius, that is where the screening attention goes first, before the debt ratios.
Does Nebius pass the business activity test?
Yes. In the September 2026 screening Nebius holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item is content: advertising and programming can include impermissible material, which AAOIFI treats as incidental only below the 5% revenue ceiling.
Is Nebius' income Halal?
Yes, within AAOIFI's tolerance. Nebius' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 98.83% tells holders of NBIS what share of each dividend to keep and what remainder to donate to charity.
Does Nebius meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has NBIS re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read Why a Halal Stock Screener Matters for Halal Investing



