NewGenIvf Group Limited (NIVF) provides assisted reproductive services, including IVF, egg donation, and surrogacy. Financial ratios demonstrate strong compliance with Shariah thresholds, but the core business activities involving third-party reproduction raise ethical concerns under Islamic principles, leading to non-compliance in business screening. The company is not included in any major Shariah indices, confirming its non-compliant status. Investors should consider regional variations and consult scholars for personalized guidance.