What is NOV Inc.'s Shariah compliance score?

NOV Inc. (NOV) has a Shariah compliance score of 57/100 (Grade: C+, Fair) 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) partially passes with caution 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: 25.3%), (3) interest-bearing deposits below 30% (NOV: 22.9%), and (4) prohibited income below 5% (NOV: 0.5%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for NOV Inc. stock?

NOV Inc. (NOV) has a non-permissible income ratio of 0.52%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NOV shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation 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 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. 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

$19.52

-0.44%

Market Cap: 7.0B

Compliance Status

Doubtful

Screened on Jul 18, 2026 · AAOIFI Standard 21

C+

Fair

57Score

Is NOV Inc. (NOV) halal? Doubtful. Based on AAOIFI screening, NOV Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 57/100 (Grade: C+).

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%.

25.3% of 30.0% limit

What this means for you

You may own NOV, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purify 0.5% of your income from NOV

That is about $0.50 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

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

Why This Stock Is Doubtful

Debt is 25.3% of market cap, only 4.7 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Doubtfulnow
since Jun 2026
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?

NOV Inc. (NOV) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did NOV Inc. get a C+ compliance rating?

NOV Inc. (NOV) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 25.3% (limit 30%); interest-bearing deposits of 22.9% (limit 30%); prohibited income of 0.52% (limit 5%). 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: Jul 18, 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.