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Napco Security Technologies, Inc.

NSSC stock is Shariah-compliant

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Turn one halal stock into a full portfolio with Wahed. Get up to $250 when you fund your account with code ZOYA.
Get a diversified, Shariah-compliant portfolio tailored to your goals with Wahed. Fund your account and receive up to $250 with code ZOYA.
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About Napco Security Technologies, Inc. (NSSC)

Napco Security Technologies, Inc. develops, manufactures, and sells electronic security products including access control systems, door-locking products, intrusion and fire alarm systems, and video surveillance systems for commercial, residential, institutional, industrial, and governmental applications. The company markets and sells its products primarily to independent distributors, dealers, and installers of security equipment. Napco Security Technologies, Inc. was founded in 1969 and is headquartered in Amityville, New York.

Frequently asked questions

Is Napco Security Technologies, Inc. (NSSC) stock halal to invest in?
As of , NSSC is Shariah-compliant and therefore considered halal to invest in. This assessment is based on the data available in Napco Security Technologies, Inc.'s most recent financial reports.
As of , NSSC is Shariah-compliant and therefore not considered halal to invest in. This assessment is based on the data available in Napco Security Technologies, Inc.'s most recent financial reports.
As of , NSSC is flagged as Shariah-compliant in terms of Shariah compliance based on the company's latest financial reports. This means that while the company's operations do not definitively violate Islamic guidelines, there are certain aspects of Napco Security Technologies, Inc.'s business that require careful consideration.
Does Napco Security Technologies, Inc. have any interest income?
Yes, Napco Security Technologies, Inc. does have interest income. According to the company's latest annual report for the fiscal year ending Jun 30, 2024, Napco Security Technologies, Inc. reported revenue of 188820000 and interest income of 0. The interest income represents 0% of the combined total. It's worth noting that some companies may report additional interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
No, Napco Security Technologies, Inc. has not reported any interest income. According to the company's latest annual report for the fiscal year ending Jun 30, 2024, Napco Security Technologies, Inc. reported total revenue of 188820000, with no separate interest income disclosed. However, it's worth noting that some companies may report interest income as part of their revenue. For a detailed breakdown of all interest income and revenue segments, please refer to the full Shariah compliance report available in the Zoya app.
What guidelines are used to determine if Napco Security Technologies, Inc. stock is Shariah-compliant?
We use the guidelines set by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) to assess Shariah compliance. AAOIFI is a leading international organization that establishes standards for Islamic finance. Their guidelines help determine if a company's business activities and financial structure align with Islamic principles. These standards are widely respected in the Islamic finance industry and provide a consistent framework for evaluating the Shariah compliance of stocks and other financial instruments. AAOIFI's Shariah board includes renowned scholars such as Sheikh Muhammad Taqi Usmani, Sheikh Mohamed Ali Elgari, Sheikh Abdullah AlManea, Sheikh Nizam Yaquby, and Dr. Aznan Hassan.
How often is Napco Security Technologies, Inc. stock reviewed for Shariah compliance?
The Shariah compliance status of Napco Security Technologies, Inc. stock is reviewed on a regular basis, with a minimum frequency of once per quarter. However, if there are any significant changes or major developments in the company's operations that may impact its compliance, an immediate review will be conducted to ensure ongoing adherence to Shariah principles.
How can I stay updated on Napco Security Technologies, Inc.'s compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within the Zoya app to receive notifications whenever there is a change in the Shariah compliance of NSSC, or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate due to changes in a company's financial ratios or business activities.
Are dividends from Napco Security Technologies, Inc. stock considered halal?
Yes, dividends from NSSC are considered halal. However, you may need to purify a portion of the dividend if the company has any impermissible revenue. Shariah standards typically allow up to 5% of revenue from impermissible sources for a stock to remain compliant. To find the exact percentage of impermissible revenue for Napco Security Technologies, Inc. (NSSC), check the Zoya app. For more details on the purification process, read our comprehensive guide.
No, dividends from NSSC are not considered halal because the stock is currently not Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered impermissible income and should be donated to charity as a form of purification. To learn more about the purification process and how to handle impermissible income, read our comprehensive guide.
Do I need to pay Zakat on my Napco Security Technologies, Inc. shares?
If you hold Napco Security Technologies, Inc. stock as an investment, through an Employee Stock Ownership Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on investments can be complex and depends on various factors. To help make this easy, we've created a free Zakat calculator for stocks. For a more seamless experience, use the Zoya mobile app, where you can link your brokerage account to automatically import holdings.

How to buy Napco Security Technologies, Inc. (NSSC) stock on Zoya

  1. Sign up for a free Zoya account
    It’s easy to get started. You can sign up for an account directly on our website or by downloading the Zoya app for iOS or Android.
  2. Link a brokerage account
    Zoya partners with leading brokerages like Alpaca and others for a seamless way to buy and manage stocks through Zoya.
  3. Decide how much to invest
    Navigate to the search screen and type the name of the stock into the search bar. Then, click the buy button and input the amount you'd like to invest, either in terms of dollars or number of shares. Review the real-time stock price and estimated quantity of shares before confirming your investment.
  4. Manage your portfolio in one place
    You can find your newly purchased stock in your Zoya portfolio alongside the rest of your holdings. Enable alerts to get notified of any changes in your portfolio's Shariah compliance.

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