Nuvera Communications Inc

NUVR

Not Compliant
Exchange
Sector
Headquarters
Group
OTC
Technology
USA
Micro Cap

Nuvera Communications Inc is not Shariah Compliant because it fails the financial ratios.

1.06%

Impure Income*

$0.037

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
0
$0.00
0
3.09%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
13.76%
0.46%
0.38
1.47
0.00%

Shariah Compliance

  • Updated on July 21, 2026
Debt
100%
✗
Non-Compliant Assets
9.32%
✓
Impure Income
1.06%
✓

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
100%
✗
Impure Income
1.06%
✓

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
100%
✗
Impure Income
1.06%
✓

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
53.09%
✗
Cash
0.12%
✓
Cash & AR
1.19%
✓
Impure Income
1.06%
✓

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
53.09%
✗
Cash
0.12%
✓
Cash & AR
1.19%
✓
Impure Income
1.06%
✓

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
1.06%

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

Nuvera Communications, Inc. is a diversified communications company. The Company provides a variety of business communication services to small, medium, and large business customers, including advanced fiber-optic network services. Its services include scalable high-speed broadband Internet access and voice over Internet protocol (VoIP) phone services, which range from basic service plans to virtual hosted systems. Its hosted VoIP package includes voice service, calling features, IP business telephones and unified messaging, which integrates multiple technologies into a single system and allows the customer to receive and listen to voice messages through e-mail. In addition to Internet and VoIP services, the Company also offers commercial data connectivity services in select markets, including private line and Ethernet services to provide high bandwidth across point-to-point and multiple-site networks.