NVT
nVent Electric plc
Is NVT Halal?
Manufacturer of electrical-connection-and-protection solutions — a permissible electrical-equipment manufacturing business with a manageable financial-screen profile.
What You Should Know
nVent manufactures electrical connection, protection, fastening and thermal-management products through Systems Protection, Electrical & Fastening Solutions and Thermal Management. General-purpose electrical equipment is generally permissible, while data-center, infrastructure, energy and construction end uses remain qualitative. Its March 31, 2026 Form 10-Q reports assets of $6,961.600 million, conservative debt/leases of $1,697.400 million, cash of $190 million, receivables of $828.500 million and quarterly revenue of $1,242 million. Debt/assets is 24.38%, liquidity/assets is 2.73% and receivables plus cash/assets is 14.63%; known asset ratios pass, but gross interest income and a universal prohibited-revenue numerator are unavailable.
⚠️ Concerns
- •Known debt/assets is 24.38%, below examined limits
- •Data-center, infrastructure, energy and construction end markets require qualitative review
- •Gross interest-income numerator unavailable; no fixed purification percentage asserted
- •Steel, copper, aluminum and resin input-cost exposure
- •Acquisition and capital-spending cycles
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.
1,697.4 / 6,961.6
190 / 6,961.6
1,018.5 / 6,961.6
- Financial
- Incomplete
- Overall
- Incomplete
Debt/assets is 24.38%, liquidity/assets is 2.73% and receivables-plus-cash/assets is 14.63%, below the examined limits; gross interest-income disclosure and activity allocation remain incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 24.38%, liquidity/assets is 2.73% and receivables-plus-cash/assets is 14.63%, below the examined MSCI limits; activity allocation remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 24.38% and liquidity/assets is 2.73%, below the examined Malaysia limits; activity allocation remains incomplete.
- Financial
- Not calculated
- Overall
- Incomplete
A properly licensed and reproducible historical market-cap series is not stored; filing-based asset ratios remain documented.
Business-activity disclosure
nVent manufactures electrical connection, protection, fastening and thermal-management products. General-purpose electrical equipment is generally permissible, while data-center, infrastructure, energy and construction end uses remain qualitative.
Limitation: The filing does not provide a universal prohibited-revenue numerator or gross interest-income numerator.
Purification
Gross interest income is not separately disclosed; no fixed scholar-approved purification percentage is asserted.
Inputs, assumptions and primary sources
- Amounts are USD millions from nVent Electric's March 31, 2026 Form 10-Q for the quarter ended that date.
- Conservative debt combines $1,556.700 million long-term debt with $140.700 million operating-lease liabilities.
- Cash is $190 million, net accounts and notes receivable are $828.5 million and quarterly revenue is $1,242 million.
- The filing reports net interest expense but does not separately disclose a gross interest-income numerator.
- Electrical connection, protection and thermal-management products are generally permissible; end-market allocation remains qualitative.
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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