Is Newsmax, Inc. NMAX stock Halal to invest in?

Yes, as of September 2026, Newsmax, Inc. stock (NMAX) is classified as a Shariah compliant stock. For a Muslim investor, the question is settled by AAOIFI Shariah Standard No. 21, and Newsmax, Inc. satisfies it in full this month: incidental non-permissible income sits inside the 5% threshold, neither interest-bearing debt nor interest-bearing investments breaches the 30% market capitalisation caps, and no impermissible preference share structure exists. The stock's current purification factor is 97.51%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Newsmax, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Newsmax, Inc. NMAX reviewed for Shariah compliance?

Tabadulat reviews Newsmax, Inc. NMAX for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Newsmax, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Newsmax, Inc. NMAX pass the AAOIFI Non Permissible Income criteria?

Yes, as of September 2026, Newsmax, Inc. stock (NMAX) passes the AAOIFI non-permissible income screen. AAOIFI permits a small tolerance because large companies rarely avoid incidental impermissible income entirely, most often interest on cash balances. The ceiling is 5% of total revenue, and Newsmax, Inc. sits inside it in the latest screening. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Newsmax, Inc. NMAX pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of September 2026, Newsmax, Inc. stock (NMAX) passes the AAOIFI interest-bearing investments screen. AAOIFI caps interest-earning holdings at 30% of market capitalisation so that shareholders do not materially profit from Riba. Measured against the latest data, Newsmax, Inc.'s interest-bearing investments sit within the limit. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Newsmax, Inc. NMAX pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of September 2026, Newsmax, Inc. stock (NMAX) passes the AAOIFI interest-bearing debt screen. Each month Tabadulat measures Newsmax, Inc.'s interest-accruing borrowings against AAOIFI's 30% market capitalisation cap. The current screening shows the company within the limit, so the debt screen passes. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Newsmax, Inc. NMAX stock?

As of September 2026, the dividend purification factor for Newsmax, Inc. (NMAX) is 97.51%. Purification (Tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure Halal investors use to work out that donation on Newsmax, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Newsmax, Inc. NMAX pass the AAOIFI Preference Share screen?

Yes, as of September 2026, Newsmax, Inc. stock (NMAX) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Newsmax, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Is Newsmax (NMAX) stock Halal?

NYSE

Shariah-Compliant

Not Shariah

As of the September 2026 screening, Newsmax, Inc. (NMAX) 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 97.51%. The stock is re-screened every month.

Sector:

Communication Services

Industry:

Broadcasting

Employees:

400

Website:

https://www.newsmax.com

Market cap:

$1.4B

P/E ratio:

64.7

Dividend yield:

52-week range:

$5.11 - $14.28

Data as of:

3 September 2026

Screening history:

September 2026: PASS

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