What is NOV Inc.'s Shariah compliance score?

NOV Inc. (NOV) has a Shariah compliance score of 64/100 (Grade: B, Acceptable) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does NOV Inc. pass AAOIFI screening?

NOV Inc. (NOV) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (NOV: 22.5%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for NOV Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for NOV Inc. (NOV) using the latest financial data.

Where can I screen NOV Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for NOV Inc. (NOV) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about NOV's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NOV: Is NOV Inc. Halal?

NOV Inc.

NYSEEnergyUS

$21.71

-3.23%

Market Cap: 7.7B

Compliance Status

Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

Acceptable

64Score

Is NOV Inc. (NOV) halal? Halal. Based on AAOIFI screening, NOV Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 64/100 (Grade: B).

Quote this verdict

HalalScreener rates NOV Inc. (NOV) Halal, 64/100, grade B under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/NOV

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

22.5% of 30.0% limit

What this means for you

You can own NOV

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

Purification amount is Pro

We have screened NOV's prohibited income, but the exact share you would need to purify is part of Pro.

About NOV Inc.

NOV Inc. is a global leader in designing, manufacturing, and marketing essential systems, components, and products for the oil and gas drilling and production industries, as well as for industrial and renewable energy sectors worldwide. The company's operations are divided into three core segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The Wellbore Technologies segment provides a range of offerings including solids control and waste management equipment, portable power generation units, drill and wired pipes, advanced drilling optimization and automation services, and comprehensive tubular inspection, repair, and coating services. This segment also supplies instrumentation, measuring and monitoring tools, downhole and fishing tools, steerable drilling technologies, and drill bits. The Completion & Production Solutions segment specializes in equipment and technologies for hydraulic fracture stimulation, encompassing downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowlines, and manifolds. They also offer coiled tubing units, wireline units and tools, and various connections and liner hangers. For onshore production, solutions include composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems. Offshore production is supported by floating production systems and subsea production technologies. Additionally, this segment manufactures industrial pumps and mixers. The Rig Technologies segment focuses on drilling rig infrastructure and machinery. This includes substructures, derricks, masts, cranes, jacking systems, and sophisticated pipe lifting, racking, rotating, and assembly systems. They also supply mud pumps, pressure control equipment, drives and generators, and integrated rig instrumentation and control systems. Furthermore, this segment provides mooring, anchor, and deck handling machinery, specialized equipment components for offshore wind construction vessels, and complete pipelay and construction systems. Beyond product sales, NOV Inc. offers vital after-sales support, such as spare parts, repair services, and rental options. Their comprehensive service portfolio includes remote equipment monitoring, expert technical support, on-site field service, and extensive customer training programs. Founded in 1862 and based in Houston, Texas, the company was formerly known as National Oilwell Varco, Inc. before officially changing its name to NOV Inc. in January 2021.

Sector: Energy · Industry: Oil & Gas Equipment & Services

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

Halalnow
since Jul 2026
Doubtful
until the change above
Halal
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is NOV Inc. (NOV) halal to invest in?

Based on AAOIFI Standard 21 screening, NOV Inc. (NOV) is rated Halal with a compliance grade of B (Acceptable). 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 NOV Inc. get a B compliance rating?

NOV Inc. (NOV) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change NOV Inc.'s Shariah verdict?

NOV Inc.'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 NOV Inc. re-screened for Shariah compliance?

NOV Inc. (NOV) 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: Sep 2, 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.