Is NOVA LTD. (NVMI) Halal?

NASDAQ Technology Israel $14.0B
✗ NOT HALAL
Confidence: 90/100
NOVA LTD. (NVMI) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 5.19% exceeds the 5% threshold allowed under AAOIFI. NOVA LTD. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 6.1%
/ 30%
8.0%
/ 30%
1.2%
/ 30%
5.19%
/ 5%
✗ NOT HALAL
DJIM 6.1%
/ 33%
8.0%
/ 33%
1.2%
/ 33%
5.19%
/ 5%
✗ NOT HALAL
MSCI 33.9%
/ 33%
44.4%
/ 33%
6.5%
/ 33%
5.19%
/ 5%
✗ NOT HALAL
S&P 6.1%
/ 33%
8.0%
/ 33%
1.2%
/ 33%
5.19%
/ 5%
✗ NOT HALAL
FTSE 33.9%
/ 33%
44.4%
/ 33%
6.5%
/ 50%
5.19%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
55.5
Forward: 35.3
EPS
$7.94
P/B Ratio
10.6
EV/EBITDA
49.7
EV: $13.8B
Revenue
$881M
Growth: 14.3%
Beta
1.8
High volatility
Current Ratio
6.3

Profitability

Gross Margin 57.4%
Operating Margin 27.7%
Net Margin 29.4%
Return on Equity (ROE) 23.1%
Return on Assets (ROA) 8.5%

Cash Flow & Balance Sheet

Operating Cash Flow$246M
Free Cash Flow$218M
Total Debt$799M
Debt-to-Equity60.6
Current Ratio6.3
Total Assets$2.4B

Price & Trading

Last Close$453.61
50-Day MA$450.53
200-Day MA$337.10
Avg Volume390K
Beta1.8
52-Week Range
$154.00
$507.27

About NOVA LTD. (NVMI)

CEO
Mr. Gabriel Waisman
Employees
1,612
Sector
Technology
Industry
Semiconductor Equipment & Materials
Country
Israel
Exchange
NASDAQ
Market Cap
$14.0B
Currency
USD

Nova Ltd. engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally. The company's product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, such as lithography, Etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. It serves various sectors of the integrated circuit manufacturing industry, including logic, foundry, memory, and packaging sectors, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.

Related Halal Stocks in Technology

Frequently Asked Questions

Is NOVA LTD. (NVMI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), NOVA LTD. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is NOVA LTD.'s debt ratio?

NOVA LTD.'s debt ratio is 6.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 33.9%.

What are NOVA LTD.'s key financial metrics?

NOVA LTD. has a market capitalization of $14.0B, trailing P/E ratio of 55.5, and revenue of $881M. The company maintains a gross margin of 57.4% and a net margin of 29.4%. Return on equity stands at 23.1%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.