NO

NOVO-B.CO

$286.30
Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.41%
🕌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.

Novo Nordisk A/S (NOVO-B.CO) 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
$309.30
+8.0% · 23 analysts
Institutional own.
33.5%
of shares
COMPLIANT
Sharia compliance
0.41%
Non-permissible income — HTR, from filings (2025-12-31)
$309.30
Price target (+8.0%) · 23 analysts
33.5%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. NOVO-B.CO 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 10.43% 30.00% Pass
Interest-bearing investments 2.02% 30.00% Pass
Non-permissible income 0.41% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 25.70% 33.00% Pass
Interest-bearing investments 4.97% 33.00% Pass
Non-liquid assets 81.98% at least 20.00% Pass
Non-permissible income 0.41% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 25.70% 33.33% Pass
Cash + interest-bearing securities 4.97% 33.33% Pass
Accounts receivable 18.02% 33.33% Pass
Non-permissible income 0.41% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 25.70% 33.33% Pass
Cash + interest-bearing securities 4.97% 33.33% Pass
Accounts receivable 18.02% 50.00% Pass
Non-permissible income 0.41% 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 7.09% 33.00% Pass
Cash + interest-bearing securities 1.37% 33.00% Pass
Accounts receivable 3.60% 33.00% Pass
Non-permissible income 0.41% 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 5.63% 33.00% Pass
Cash + interest-bearing securities 1.09% 49.00% Pass
Accounts receivable 2.86% 49.00% Pass
Non-permissible income 0.41% 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 5.63% 33.33% Pass
Cash + interest-bearing securities 1.09% 33.33% Pass
Accounts receivable 3.95% 49.00% Pass
Non-permissible income 0.41% 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.

383.09342.56302.03261.50220.972025-09-112026-03-102026-09-09

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

Support & Resistance
S3
283.15
S2
287.40
S1
289.70
PIVOT
293.95
R1
296.25
R2
300.50
R3
302.80

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
281.129 322.171
±6.8% from 301.65, made 2026-09-02 · resolves 2026-09-09
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 SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)40.30NEUTRAL
Stochastic %K (14)4.07BUY
CCI (20)-152.74BUY
Williams %R (14)-95.93BUY
MACD (12,26,9)-0.28SELL
ROC (10)-6.14SELL
Momentum (10)-18.90SELL
EMA (10)295.95SELL
SMA (10)296.50SELL
EMA (20)298.28SELL
SMA (20)297.11SELL
EMA (30)299.95SELL
SMA (30)299.83SELL
EMA (50)300.22SELL
SMA (50)308.50SELL
EMA (100)296.59SELL
SMA (100)294.21SELL
EMA (200)300.78SELL
SMA (200)291.36SELL

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 Novo Nordisk A/S

Healthcare · Drug Manufacturers - General

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides NovoPen 6 and NovoPen Echo Plus, smart insulin pens; Dose Check, an insulin dose guidance application; growth hormone pens and injection needles; and Wegovy pill an oral glucagon-like peptide-1 (GLP-1) receptor agonist therapy for weight management. It operates in Europe, Canada, the United States, Japan, Korea, Oceania, Southeast Asia, Mainland China, Hong Kong and Taiwan, Latin America, the Middle East, and Africa. Novo Nordisk A/S was founded in 1923 and is headquartered in Bagsvaerd, Denmark.

novonordisk.com ↗

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

🕌 In-house Ratio Research — filings.xbrl.org ESEF XBRL

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 11.1% (< 30%)
Investments ratio 3.5% (< 30%)
Non permissible income ratio no data
Usmani (% of total assets) — Unverified
Debt ratio 23.6% (< 33%)
Investments ratio 7.5% (< 33%)
Nonliquid assets ratio 92.5% (< 20%)
Non permissible income ratio no data
Net liquid assets -$194.6B (mkt cap $1265.1B)

Based on the filing period ending 2026-06-30, figures in DKK.

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.