Northwest Natural Holding Company

NWN stock is not Shariah-compliant

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About Northwest Natural Holding Company (NWN)

Northwest Natural Holding Company provides regulated natural gas distribution services to customers in Oregon and Southwest Washington through its subsidiary, Northwest Natural Gas Company. It operates the Mist gas storage facility, offers natural gas asset management services, and engages in gas storage, water, non-regulated renewable natural gas, and other investments and activities. The company serves approximately 786,000 natural gas meters and 33,000 water and wastewater connections in the Pacific Northwest and Texas.

Frequently asked questions

Is Northwest Natural Holding Company (NWN) stock halal to invest in?
As of , NWN is not Shariah-compliant and is therefore not considered a halal investment. This assessment is based on the data available in Northwest Natural Holding Company's most recent financial reports.
Does Northwest Natural Holding Company have any interest income?
No, Northwest Natural Holding Company has not reported any interest income. According to the company's latest annual report for the fiscal year ending Dec 31, 2025, Northwest Natural Holding Company reported total revenue of 1289363000, 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 Northwest Natural Holding Company 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 Northwest Natural Holding Company stock reviewed for Shariah compliance?
The Shariah compliance status of Northwest Natural Holding Company 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 Northwest Natural Holding Company'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 NWN, 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 Northwest Natural Holding Company stock considered halal?
No, dividends from NWN 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 Northwest Natural Holding Company shares?
If you hold Northwest Natural Holding Company 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.

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Shariah compliance data powered by the Zoya API. Chart by TradingView
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