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AAOIFI No. 21 screening

Is NUCL halal?

Eagle Nuclear Energy Corp.

Halal

Eagle Nuclear Energy Corp. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.

Checked: 14 October 2026

Exchange

NASDAQ

Price

5.08

Day

-2.31%

Market cap

$158.7M

Industry

Uranium

Sector

Energy

What the company does

Eagle Nuclear Energy (Nasdaq 2026) is developing the largest measured uranium deposit in the US (Aurora, on the Oregon–Nevada border) plus small modular reactor (SMR) technology. No revenue yet — still at the project stage.

What was checked

The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.

  • Business activity

    No prohibited activity

  • Interest-bearing debt / market cap

    limit 30%

    Interest-bearing debt $0 ÷ current market cap $158.70M = 0.0%

    0.0%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $28.09M ÷ current market cap $158.70M = 17.7%

    17.7%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    —

    No data

Figures from the company's filings (2026-05-31), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.

In the lists

In the S&P 500
Not in the S&P 500
Among halal stocks
0.00% · #1148 of 1454

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The largest halal stocks in Uranium — for comparison.

Related articles

Halal is the first question. The second: when to enter?

Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.

This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.