What is Nova Ltd.'s Shariah compliance score?

Nova Ltd.'s (NVMI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Nova Ltd. pass AAOIFI screening?

Nova Ltd. (NVMI) does not pass 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% (NVMI: 5.7%), (3) interest-bearing deposits below 30% (NVMI: 6.9%), and (4) prohibited income below 5% (NVMI: 5.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Nova Ltd. stock?

Nova Ltd. (NVMI) has a non-permissible income ratio of 5.19%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NVMI 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 Nova Ltd. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Nova Ltd. (NVMI) 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 NVMI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

NVMI: Is Nova Ltd. Halal?

Nova Ltd.

NASDAQTechnologyIL

$475.90

+0.40%

Market Cap: 15.1B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Nova Ltd. (NVMI) halal? Not Halal. Based on AAOIFI screening, Nova Ltd. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

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%.

5.7% of 30.0% limit

What this means for you

Most scholars advise not holding NVMI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Nova Ltd.

Nova Ltd. is a global innovator specializing in the design, development, production, and sale of sophisticated process control systems vital for semiconductor manufacturing. Its extensive reach covers key regions such as Israel, Taiwan, the United States, China, and Korea, in addition to other international markets. The company's advanced product range includes a suite of metrology platforms, enabling precise measurements of dimensions, films, materials, and chemical compositions. These capabilities are crucial for ensuring meticulous process control throughout various stages of semiconductor fabrication, including lithography, etching, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. Nova serves diverse segments of the integrated circuit manufacturing industry, providing solutions to leading logic, foundry, and memory producers, as well as manufacturers of process equipment. Headquartered in Rehovot, Israel, and established in 1993, the company changed its name to Nova Ltd. in July 2021, having previously been known as Nova Measuring Instruments Ltd.

Sector: Technology · Industry: Semiconductors

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

UIA+

Ubiquiti Inc.

$608.16

+0.85%

0005.KLA+

UCrest Bhd

$0.07

+0.08%

0008.KLA+

Willowglen MSC Bhd

$0.29

+0.00%

0010.KLA+

IRIS Corporation Bhd

$0.22

-0.04%

0023.KLA+

IFCA MSC Bhd

$0.21

+0.00%

More Technology Stocks

MSFT

Microsoft Corporation

A+

GOOGL

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AAPL

Apple Inc.

A+

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CRM

Salesforce, Inc.

B+

ADBE

Adobe Inc.

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Frequently Asked Questions

Is Nova Ltd. (NVMI) halal to invest in?

Nova Ltd. (NVMI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Nova Ltd. get a F compliance rating?

Nova Ltd. (NVMI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.7% (limit 30%); interest-bearing deposits of 6.9% (limit 30%); prohibited income of 5.19% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Nova Ltd.'s Shariah verdict?

Nova Ltd.'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 Nova Ltd. re-screened for Shariah compliance?

Nova Ltd. (NVMI) 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.