Is Nvidia (NVDA) Halal?
Screener: Yes — Nvidia passes Shariah screening as of October 2026. Its business (graphics and compute hardware for AI, gaming, and data centers) is halal, its interest-bearing debt is 0.15% of market cap, and its interest income is 1.07% of revenue. Below: the full screening math and the caveats that could change the answer.
Gate 1: Business activity
Nvidia is a semiconductor company. Its FY2026 10-K (filed February 25, 2026) reports FY2026 revenue of $215.9 billion across two segments: Compute & Networking ($193.5B — data-center AI platforms, networking) and Graphics ($22.5B — gaming GPUs, professional visualization). None of its businesses are in prohibited industries (alcohol, gambling, conventional finance, weapons, adult entertainment, non-halal food). Designing and selling computer hardware is a permissible activity regardless of end use.
Gate 2: Financial ratios
AAOIFI-style screening applies three ratio tests against the latest published financials:
| Ratio | Nvidia (Oct 2026) | Ceiling | Result |
|---|---|---|---|
| Total interest-bearing debt ÷ market cap | 0.15% ($8.5B interest-bearing debt on ~$5.55T market cap) | < ~33% | PASS |
| Cash + short-term investments ÷ market cap | 1.13% ($62.6B cash + marketable securities on ~$5.55T market cap) | < ~33% | PASS |
| Non-compliant income ÷ total revenue | 1.07% ($2.30B interest income on $215.9B FY2026 revenue) | < 5% | PASS |
Figures: FY2026 10-K (year ended January 25, 2026, filed February 25, 2026) for revenue ($215.9B), debt, and cash; market data September 30, 2026 (~$5.55T USD market cap at $228.38/share on 24.304B shares outstanding). Debt = long-term debt noncurrent ($7.47B) + current portion ($1.00B). Cash = cash and equivalents ($10.6B) + marketable securities ($52.0B).
Purification
Nvidia pays a small quarterly dividend (FY2026 total dividends paid: $974M, per the 10-K). The purification factor is the company’s non-compliant-income ratio: about 1.07% of any dividends received. If you follow a strict methodology, run the dividends through our purification calculator.
What could change the screener
- Rising debt. Nvidia’s Q2 FY2027 10-Q (filed August 2026) shows long-term debt up to about $32.4B as the company funds AI-infrastructure growth — still roughly 0.6% of market cap, but worth watching if borrowing accelerates.
- Rising interest income. Currently 1.07%; a much larger cash-and-securities pile earning interest would show up in the 5% income screen first.
- Business-mix shifts. Any move into lending or financial services at meaningful scale would need re-examination — nothing in the current filings suggests one.
We re-screen on a quarterly cadence — the screener above reflects the latest annual report and October 2026 market data.
How Canadians buy it
Nvidia trades only on the NASDAQ as NVDA — there is no TSX listing, so you buy in USD. To convert cheaply, use Norbert’s gambit on Questrade rather than paying a broker’s conversion spread. NVDA is available through Questrade and Wealthsimple’s self-directed accounts, and it can be held in a TFSA, RRSP, or FHSA — all wrappers are neutral to Shariah compliance. See our Questrade vs Wealthsimple comparison for the practical differences.
FAQ
Is Nvidia halal to invest in?
As of October 2026: yes, it passes Shariah screening — halal business, 0.15% debt ratio, 1.07% interest income. This is a screening result, not a religious ruling: scholars differ and financials change every quarter.
Nvidia raised debt recently — doesn’t that fail the debt screen?
The screen compares debt to market value, not to zero. Nvidia’s Q2 FY2027 10-Q shows long-term debt of about $32.4B, up from $8.5B in the FY2026 10-K — but that is still roughly 0.6% of its ~$5.55T market cap, far under the 33% ceiling.
Do I need to purify Nvidia’s dividend?
Nvidia pays a small quarterly dividend (FY2026 total: $974M). With 1.07% non-compliant income, the purification amount on it is small — but if you follow a strict methodology, run any dividends through a purification calculator.
What if Nvidia becomes non-compliant after I buy?
The common guidance: sell the holding (scholars differ on timing when it’s at a loss — ask a qualified scholar), purify the non-compliant share of any dividends received, and don’t offset other gains against it. Re-screen quarterly; we’ll update this page when the numbers move.
Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).