Is Novem Group SA halal to invest in?

According to Musaffa's Shariah screening methodology, Novem Group SA (NVM.DE) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Novem Group SA 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 Novem Group SA using these criteria to determine its compliance status.

Can Muslims buy shares of Novem Group SA?

Muslim investors may consider investing in Novem Group SA 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 Novem Group SA classified as NOT HALAL?

Musaffa determines the Shariah status of Novem Group SA 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 Novem Group SA updated?

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

Can a halal stock like Novem Group SA 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 Novem Group SA?

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

Novem Group SA NVM.DE

€2.68 €0.08 (3.08%) 1D

Last Updated: May 15, 12:00 AM·XETRA

NVM.DE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 16, 2026

Report Source: 2026 2nd Quarter Report

Novem Group SA. Stock Analysis NVM.DE

Germany Consumer Discretionary Micro Cap Report: Q2, 2026

Novem Group SA engages in the supply of decorative interior trim elements for automotive original equipment manufacturers. The firm operate as developer, supplier and system supplier for trim parts and decorative functional elements in vehicle interiors. Its portfolio of products includes door trims, light and impact-resistant trims in the center console, capacitive function trims as well as instrument panels and belt lines. The company also offers fine woods, aluminum, carbon, premium synthetics and leather for interiors.

Key Statistics of Novem Group SA (NVM.DE)

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

Today's Range

€2.60€2.68

Today's Open

€2.60

Volume

1270.00

P/E Ratio (TTM)

10.28

52 Week Range

€2.37€4.64

Market Cap

112.74M

Avg. Volume

2858.73

Dividend Yield

Financial Metrics & Statements of Novem Group SA (NVM.DE)

FAQ's for Novem Group SA (NVM.DE)

According to Musaffa’s Shariah screening methodology, Novem Group SA (NVM.DE) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.