US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
43

4307.T

Stock Nomura Research Institute, Ltd.
$4901.00

Tokyo Stock Exchange · Technology · JP

Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-26
HTR non-permissible income 0.63%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

Nomura Research Institute, Ltd. (4307.T) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-26). See the full ratio breakdown and business-activity screen below for the reasoning.

Market & analysts
Price target
$5856.43
+19.5% · 14 analysts
Institutional own.
43.9%
of shares
COMPLIANT
Sharia compliance
0.63%
Non-permissible income — HTR, from filings (2026-03-31)
$5856.43
Price target (+19.5%) · 14 analysts
43.9%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. 4307.T files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass

RatioValueThresholdResult
Interest-bearing debt 9.49% 30.00% Pass
Interest-bearing investments 6.89% 30.00% Pass
Non-permissible income 0.63% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 27.91% 33.00% Pass
Interest-bearing investments 20.27% 33.00% Pass
Non-liquid assets 57.39% at least 20.00% Pass
Non-permissible income 0.63% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 27.91% 33.33% Pass
Cash + interest-bearing securities 20.27% 33.33% Pass
Accounts receivable 42.61% 33.33% Fail
Non-permissible income 0.63% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 27.91% 33.33% Pass
Cash + interest-bearing securities 20.27% 33.33% Pass
Accounts receivable 42.61% 50.00% Pass
Non-permissible income 0.63% 5.00% Pass

Dow Jones Islamic Market Pass

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 8.94% 33.00% Pass
Cash + interest-bearing securities 6.49% 33.00% Pass
Accounts receivable 7.15% 33.00% Pass
Non-permissible income 0.63% 5.00% Pass

S&P Shariah Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 9.56% 33.00% Pass
Cash + interest-bearing securities 6.95% 49.00% Pass
Accounts receivable 7.65% 49.00% Pass
Non-permissible income 0.63% 5.00% Pass

MSCI M-Series Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 9.56% 33.33% Pass
Cash + interest-bearing securities 6.95% 33.33% Pass
Accounts receivable 14.60% 49.00% Pass
Non-permissible income 0.63% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

6,335.875,633.374,930.874,228.373,525.872025-09-122026-03-172026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
4647.67
S2
4700.33
S1
4805.67
PIVOT
4858.33
R1
4963.67
R2
5016.33
R3
5121.67

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
4,718.57 5,561.43
±8.2% from 5,140.00, made 2026-09-02 · resolves 2026-09-09
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22586 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
0 buy · 4 neutral · 3 sell
Moving averagesSTRONG SELL
1 buy · 0 neutral · 11 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)45.70NEUTRAL
Stochastic %K (14)22.53NEUTRAL
CCI (20)-93.97NEUTRAL
Williams %R (14)-77.47NEUTRAL
MACD (12,26,9)-38.15SELL
ROC (10)-6.93SELL
Momentum (10)-365.00SELL
EMA (10)5000.55SELL
SMA (10)5073.70SELL
EMA (20)5023.04SELL
SMA (20)5046.65SELL
EMA (30)5010.13SELL
SMA (30)4972.10SELL
EMA (50)4963.04SELL
SMA (50)5017.82SELL
EMA (100)4906.30SELL
SMA (100)4811.34BUY
EMA (200)5087.21SELL
SMA (200)4964.98SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Nomura Research Institute, Ltd.

Technology · Information Technology Services

Nomura Research Institute, Ltd. engages in the provision of consulting, financial information technology (IT) solutions, Industrial IT solutions, and IT Infrastructure services in Japan and internationally. The Consulting segment offers management, organizational reform, and system consulting services for all aspects of IT management. The Financial IT Solutions segment provides systems consulting, systems development and operation services, and shared systems, primarily to financial industry clients in the securities, insurance, and banking industries. The Industrial IT Solutions segment offers system consulting, development, system management, and operation services to the distribution, manufacturing, service, and public sectors. The IT infrastructure Services segment engages in the data center operation activities and construction of IT platforms and networks to the Financial IT and Industrial IT Solutions segments, as well as providing IT platform solutions and information security services to clients of various industries. Nomura Research Institute, Ltd. was founded in 1965 and is headquartered in Tokyo, Japan.

nri.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

🕌 In-house Ratio Research — EDINET XBRL (Japan)

Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.

AAOIFI Standard 21 (% of market cap) — Unverified
Debt ratio 7.4% (< 30%)
Investments ratio partial 4.8% (< 30%)
Non permissible income ratio no data
Usmani (% of total assets) — Unverified
Debt ratio 21.3% (< 33%)
Investments ratio partial 13.8% (< 33%)
Non permissible income ratio no data

Based on the filing period ending 2026-03-31, figures in JPY.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-08 · Asset managers net 912361 (-21819)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.