Novartis AG

NVS: Is Novartis AG Halal?

Novartis AG

NYSEHealthcareCH

$153.37

-0.44%

Market Cap: 292.6B

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

A

Very Good

83Score

Is Novartis AG (NVS) halal? Halal. Based on AAOIFI screening, Novartis AG passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 83/100 (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%.

12.7% of 30.0% limit

What this means for you

You can own NVS

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

Purify 0.7% of your income from NVS

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

Calculate my exact amount

About Novartis AG

Novartis AG is a holding company, which engages in the business of developing, manufacturing, and marketing healthcare products. Its product portfolio is heavily focused on innovative prescription medicines, especially oncology, immunology, neuroscience, and cardiovascular diseases, supplemented by established older brands and a wide range of specialized therapies. The company was founded on February 29, 1996 and is headquartered in Basel, Switzerland.

Sector: Healthcare · Industry: Drug Manufacturers - General

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 2026

Compliance History

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
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Frequently Asked Questions

Is Novartis AG (NVS) halal to invest in?
Based on AAOIFI Standard 21 screening, Novartis AG (NVS) is rated Halal with a compliance grade of A (Very Good). 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 Novartis AG get a A compliance rating?
Novartis AG (NVS) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 12.7% (limit 30%); interest-bearing deposits of 4.0% (limit 30%); prohibited income of 0.68% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Novartis AG's Shariah verdict?
Novartis AG'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 Novartis AG re-screened for Shariah compliance?
Novartis AG (NVS) 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 14, 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.