
Byron S. answered 10/06/14
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The main defining characteristic of Simple Harmonic motion is that the restoring force that pulls the object back toward equilibrium is directly, linearly proportional to the distance it is displaced (i.e. F = k x).
In the case of a pendulum, the displacement is measured as an angle θ, and the restoring force is gravity, which acts at the same angle relative to the string that suspends the object. The component of gravity which is perpendicular to the string (along the direction of motion) is mg sinθ.
This does not satisfy the condition of being directly, linearly proportional. For small angles θ (less than ~15º), it is close to a straight line, so we can apply some of the principles of SHM, but it is not truly SHM.