National HealthCare Corporation

NHC: Is National HealthCare Corporation Halal?

National HealthCare Corporation

AMEXHealthcareUS

$216.17

+2.55%

Market Cap: 3.4B

Compliance Status

Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

A+

Excellent

93Score

Is National HealthCare Corporation (NHC) halal? Halal. Based on AAOIFI screening, National HealthCare Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 93/100 (Grade: A+).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

1.2% of 30.0% limit

What this means for you

You can own NHC

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.7% of your income from NHC

That is about $0.70 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About National HealthCare Corporation

National HealthCare Corporation (NHC) is a prominent provider in the healthcare sector, involved in the operation, management, and service provision for a wide array of elder care and health facilities. Its diverse portfolio includes skilled nursing facilities, assisted living communities, independent living residences, homecare and hospice agencies, and a specialized behavioral health hospital. Within its skilled nursing environments, NHC offers extensive therapeutic and medical care. Patients recovering from conditions such as strokes, heart attacks, orthopedic injuries, neurological ailments, or other illnesses and disabilities benefit from licensed physical, speech, respiratory, and occupational therapies. These facilities also provide essential services like nutritional guidance, social support, recreational activities, and daily necessities such as housekeeping and laundry, all complemented by physician-prescribed medical treatments. Distinctive medical specialty units further enhance care, featuring memory care for individuals with Alzheimer's and similar disorders, alongside sub-acute nursing units. NHC's assisted living centers are designed to offer personal support, helping residents with everyday tasks including dressing, bathing, meal preparation, and medication management. The company also addresses mental well-being through behavioral health services for both adults and geriatric patients, treating psychiatric, emotional, and addictive conditions. Beyond direct facility care, NHC delivers additional healthcare programs, incorporating skilled services like infusion, wound care, and advanced physical, occupational, and speech therapies. Its offerings extend to hospice care, the operation of pharmacies, and a suite of corporate services encompassing management, accounting, financial, and insurance solutions. Furthermore, NHC engages in leasing its properties to third-party operators. As of February 18, 2022, NHC's operational footprint was substantial, comprising 75 skilled nursing facilities with a capacity of 9,473 beds, 24 assisted living facilities, 5 independent living facilities, one behavioral health hospital, 34 homecare agencies, and 28 hospice agencies. Founded in 1971, National HealthCare Corporation is headquartered in Murfreesboro, Tennessee.

Sector: Healthcare · Industry: Medical - Care Facilities

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is National HealthCare Corporation (NHC) halal to invest in?
Based on AAOIFI Standard 21 screening, National HealthCare Corporation (NHC) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did National HealthCare Corporation get a A+ compliance rating?
National HealthCare Corporation (NHC) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.2% (limit 30%); interest-bearing deposits of 2.7% (limit 30%); prohibited income of 0.66% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change National HealthCare Corporation's Shariah verdict?
National HealthCare Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is National HealthCare Corporation re-screened for Shariah compliance?
National HealthCare Corporation (NHC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 16, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.