The Suzuki–Miyaura cross‐coupling reaction of aroyl chlorides and arylboronic acids has been carried out efficiently in the presence of Pd(II)‐salen@MWCNTs as an air‐moisture stable precatalyst. The influence of various parameters, such as solvent, temperature, and base on the reaction system, was studied. Furthermore, the catalyst can be easily recovered quantitatively by a simple filtration and reused for three consecutive runs without significant loss of its activity.