CN

CNQ.TO

$70.25
Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
🕌 S&P/TSX 60 Shariah HTR non-permissible income <0.01%
🕌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.

Canadian Natural Resources Limited (CNQ.TO) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

Market & analysts
Price target
$71.95
+2.4% · 21 analysts
Institutional own.
78.3%
of shares
COMPLIANT
Sharia compliance
🕌 S&P/TSX 60 Shariah
Constituent of a real Sharia index
<0.01%
Non-permissible income — HTR, from filings (2025-12-31)
$71.95
Price target (+2.4%) · 21 analysts
78.3%
Institutional ownership

🕌 In-house Compliance Research

Computed from published company financials, balance sheet as of 2025-12-31. CNQ.TO 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 11.64% 30.00% Pass
Interest-bearing investments 0.47% 30.00% Pass
Non-permissible income 0.00% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 18.10% 33.00% Pass
Interest-bearing investments 0.73% 33.00% Pass
Non-liquid assets 99.27% at least 20.00% Pass
Non-permissible income 0.00% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 18.10% 33.33% Pass
Cash + interest-bearing securities 0.73% 33.33% Pass
Non-permissible income 0.00% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 18.10% 33.33% Pass
Cash + interest-bearing securities 0.73% 33.33% Pass
Non-permissible income 0.00% 5.00% Pass

Dow Jones Islamic Market Unverified

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 16.89% 33.00% Pass
Cash + interest-bearing securities 0.68% 33.00% Pass
Non-permissible income 0.00% 5.00% Pass

S&P Shariah Unverified

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 17.50% 33.00% Pass
Cash + interest-bearing securities 0.71% 49.00% Pass
Non-permissible income 0.00% 5.00% Pass

MSCI M-Series Unverified

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 17.50% 33.33% Pass
Cash + interest-bearing securities 0.71% 33.33% Pass
Non-permissible income 0.00% 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.

72.0764.1956.3248.4440.562025-09-112026-03-122026-09-10

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

Support & Resistance
S3
69.33
S2
69.96
S1
70.43
PIVOT
71.06
R1
71.53
R2
72.16
R3
72.63

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
67.867 76.273
±5.83% from 72.07, 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. 21748 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 BUY
19 indicators
OscillatorsSTRONG BUY
2 buy · 4 neutral · 1 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)57.90NEUTRAL
Stochastic %K (14)56.16NEUTRAL
CCI (20)70.89NEUTRAL
Williams %R (14)-43.84NEUTRAL
MACD (12,26,9)-0.18SELL
ROC (10)1.92BUY
Momentum (10)1.32BUY
EMA (10)70.14BUY
SMA (10)70.20BUY
EMA (20)69.15BUY
SMA (20)69.49BUY
EMA (30)68.08BUY
SMA (30)68.06BUY
EMA (50)66.44BUY
SMA (50)65.05BUY
EMA (100)63.75BUY
SMA (100)63.52BUY
EMA (200)57.97BUY
SMA (200)58.52BUY

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 Canadian Natural Resources Limited

Energy · Oil & Gas E&P

Canadian Natural Resources Limited engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa. The company offers synthetic crude oil (SCO), mining bitumen, light and medium crude oil and NGLs, thermal bitumen, primary heavy crude oil and Pelican Lake heavy crude oil. Its midstream assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

cnrl.com ↗

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

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 2026-09-01 · Asset managers net 934180 (-19048)

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.