Is Nokia Oyj halal to invest in?

As of July 2026, Nokia Oyj NOK is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Nokia Oyj a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nokia Oyj using these criteria to determine its compliance status.

Can Muslims buy shares of Nokia Oyj?

Muslim investors may consider investing in Nokia Oyj if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Nokia Oyj classified as NOT HALAL?

Musaffa determines the Shariah status of Nokia Oyj by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Nokia Oyj updated?

The Shariah compliance status of Nokia Oyj may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Nokia Oyj become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Nokia Oyj?

You can check the latest Shariah compliance status of Nokia Oyj on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NOK Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Nokia Oyj is classified as not halal.

NOT HALAL

Report Source: 2026 1st Quarter Report

Nokia Oyj. Stock Analysis NOK

United States Communication Services Large Cap Report: Q1, 2026

Nokia Oyj engages in the provision of network infrastructure, technology, and software services. The company is headquartered in Espoo, Vlasenice and currently employs 77,586 full-time employees. The firm's businesses include Nokia Networks and Nokia Technologies. The firm's segments include Ultra Broadband Networks, IP Networks and Applications, and Nokia Technologies. The Ultra Broadband Networks segment comprises Mobile Networks and Fixed Networks operating segments. The IP Networks and Applications segment comprises IP/Optical Networks and Applications & Analytics operating segments. The Applications & Analytics operating segment offers software solutions spanning customer experience management, network operations and management, communications and collaboration, policy and charging, as well as Cloud, Internet of things (IoT), security, and analytics platforms that enable digital services providers and enterprises to accelerate and optimize their customer experience. The firm has Comptel Oyj among its subsidiaries.

Key Statistics of Nokia Oyj (NOK)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$9.01$9.69

Today's Open

$9.58

Volume

183.18M

P/E Ratio (TTM)

74.59

Financial Metrics & Statements of Nokia Oyj (NOK)

Super Investors Invested in Nokia Oyj (NOK)

FAQ's for Nokia Oyj (NOK)

As of July 2026, Nokia Oyj NOK is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nokia Oyj using these criteria to determine its compliance status.
Muslim investors may consider investing in Nokia Oyj if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Nokia Oyj by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Nokia Oyj may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Nokia Oyj on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.