
Is NRC Health (NRC) stock Halal?
September 2026 AAOIFI screening result for NRC Health (NRC): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 99.94%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
NRC Health is a prominent organization specializing in healthcare data analytics and insights. Its primary function is to provide comprehensive survey-based analytics and tools that support healthcare systems, medical practices, and businesses in understanding patient experiences and improving care quality. National Research Corporation plays a vital role in the healthcare industry by delivering actionable intelligence that influences how healthcare providers engage with patients and foster improvement across various healthcare delivery areas. Before any of that matters to a Muslim investor, one question comes first: is NRC Health stock Halal?
Is NRC Health Shariah compliant?
Healthcare rarely troubles the activity screen; treating illness is permissible work. For NRC Health, the AAOIFI Shariah Standard No. 21 verdict turns on the balance sheet instead: research is capital hungry, and interest bearing debt and investments must each stay below 30% of market capitalisation.
Does NRC Health pass the business activity test?
Yes. In the September 2026 screening NRC Health holds an overall PASS, which a stock only earns when its core business clears the activity screen. Treating illness is permissible work; the scrutiny belongs to the financing behind it.
Is NRC Health's income Halal?
Yes, within AAOIFI's tolerance. NRC Health's 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 99.94% tells holders of NRC what share of each dividend to keep and what remainder to donate to charity.
Does NRC Health 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 NRC 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 What is Halal Investing? A Guide to Halal Stocks and Islamic Finance



