Yes. As of October 2026, Norsk Hydro ASA (NHY.OL) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Norsk Hydro ASA passes Musaffa's business and financial screening criteria.
Norsk Hydro ASA engages in producing and supplying alumina and primary aluminum. The firm is present throughout the aluminium value chain, from energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions and aluminium recycling. Its reportable segments are the business areas: Hydro Bauxite & Alumina, activities includes bauxite mining activities, production of alumina and related commercial activities, primarily the sale of alumina; Hydro Aluminium Metal includes primary aluminium production and casting activities; Hydro Metal Markets includes all sales activities relating to products from our primary metal plants and operational responsibility for stand-alone recyclers as well as physical and financial metal trading activities; Hydro Extrusions delivers products within extrusion profiles, building systems and precision tubing; Hydro Energy includes operating and commercial responsibility for Hydro’s power stations in Norway, a trading and wholesale business in Brazil.
Norsk Hydro ASA NHY.OL
Last Updated: Oct 16, 12:00 AM·OSL, OSLO
NHY.OL Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Norsk Hydro ASA is classified as halal.