NightFood Holdings, Inc. (NGTF) - Not Halal (Non-Compliant)
NightFood Holdings, Inc. (NGTF) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Specialty Industrial Machinery" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.7% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 0.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 13.2% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 13.19%.Based on the company's financial statements, approximately 13.19% of dividend income should be donated to charity for purification. This is derived from identified interest income (13.19% of total income). Some scholars may differ on the exact calculation method.
About NightFood Holdings, Inc.
Nightfood Holdings, Inc., through its subsidiaries, operates as a service robotics and hospitality technology company. It operates through Foodservice Packaging, Robotics-as-a-Service (RaaS), and Hospitality Asset Ownership segments. The Company focuses on providing robotics and owning hotel properties. It also offers paper cups, plastic cups, food containers, bags, and related consumables for restaurants, cafés, and other foodservice establishments; robotics equipment, automation and monitoring software, installation, maintenance and support over the contract term. Nightfood Holdings, Inc. was founded in 2010 and is headquartered in Los Angeles, California.
Frequently Asked Questions
Is NightFood Holdings, Inc. (NGTF) stock halal to invest in?
According to AAOIFI Shariah screening standards, NightFood Holdings, Inc. (NGTF) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

