Abstract: | Metal/metal oxide‐decorated multiwalled carbon nanotubes (MWCNTs ) have been found to be effective over various catalysts because of the synergistic, hybrid, physical, and chemical properties of such nanotubes. These properties make them highly active catalytic tools with excellent chemoselectivity, low catalyst loading, and high recyclability of the catalyst. Here, we discuss some recent findings related to the following topics: (1) synthesis of metal/metal oxide‐decorated MWCNTs , (2) characterization techniques of heterogeneous nanocomposites, and (3) application of these metal/metal oxide nanocomposites for the synthesis of heterocyclic compounds. This review emphasizes the main requirements for developing new nanocomposites for the synthesis of pharmaceutically important heterocycles. |