NEWR
New Relic Inc. (acquired; no NEWR listing)
Is NEWR Halal?
Francisco Partners and TPG completed New Relic's acquisition in November 2023 and NEWR ceased trading; observability analysis remains qualitative.
What You Should Know
NEWR is a preserved New Relic route. The acquisition completed on November 8, 2023, and New Relic became private. Observability and application-performance monitoring remain generally permissible in principle, while data privacy, security and customer-use questions remain qualitative; no current standalone NEWR quantitative screen is applicable.
⚠️ Concerns
- •NEWR ceased trading after the November 2023 acquisition
- •General-purpose monitoring and customer end use
- •Data privacy, security and surveillance
- •NEWR is a preserved private-acquisition alias; the URL is unchanged
Current quantitative Sharia screen
Based on issuer-status figures for the period ended 2023-11-08; calculated 2026-07-15.
- Financial
- Not calculated
- Overall
- Not calculated
Not calculated because New Relic became privately held in November 2023.
- Financial
- Not calculated
- Overall
- Not calculated
No current standalone New Relic financial statement is available.
- Financial
- Not calculated
- Overall
- Not calculated
Not calculated for the delisted NEWR security.
- Financial
- Not calculated
- Overall
- Not calculated
NEWR has no current public-market price or market-cap series.
Business-activity disclosure
New Relic historically provided software observability and application-performance monitoring, generally permissible in principle. NEWR is no longer a publicly investable security.
Limitation: No current standalone public-company balance sheet, revenue statement or market-cap series is available after the acquisition.
Purification
No current standalone NEWR issuer income is available for purification.
Inputs, assumptions and primary sources
- Francisco Partners and TPG completed New Relic's acquisition on November 8, 2023; NEWR ceased trading and was no longer listed on the NYSE.
- No private-company or buyer figures are substituted for a standalone NEWR screen, so numerical ratios are intentionally not calculated.
- The route and existing observability-platform qualitative analysis are preserved.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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