Energy Vault Holdings Inc

NRGV

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Industrials
USA
Small Cap

Energy Vault Holdings Inc is Shariah Compliant. It passes 1/5 Shariah standards we screen against.

2.53%

Impure Income*

$0.003

Purification*

$0.003

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Small Cap
HOLD
$5.58
4
156.37%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-35.94%
-50.89%
0.73
0.73
15.38%

Shariah Compliance

  • Updated on July 21, 2026
Debt
23.45%
✓
Non-Compliant Assets
0.06%
✓
Impure Income
2.53%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
48.64%
✗
Impure Income
2.53%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
45.75%
✗
Impure Income
2.53%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
57.64%
✗
Cash
18.57%
✓
Cash & AR
20.62%
✓
Impure Income
2.53%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
57.64%
✗
Cash
18.57%
✓
Cash & AR
20.62%
✓
Impure Income
2.53%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
2.53%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Energy Vault Holdings, Inc. develops, deploys and operates utility-scale energy storage solutions designed to transform the approach to sustainable energy storage. The Company’s offerings include proprietary battery, gravity and green hydrogen energy storage technologies supporting a variety of customer use cases delivering energy system dispatching and optimization. Each storage solution is supported by its technology-agnostic energy management system software and integration platform. Its technology portfolio delivers customized short, long and multi-day/ultra-long duration energy storage solutions to help utilities, independent power producers and large industrial energy users. Its solutions include B-Vault, G-Vault, H-Vault and software solutions. Its software solutions include Vault-OS Energy Management System, Vault-Bidder, and Vault-Manager. Its projects include Calistoga Resiliency Center, Cross Trails Battery Energy Storage System (BESS), SOSA Energy Center, and McMurtre BESS.