The 18-year-old goalkeeper, who penned his first professional contract a year ago, has extended his deal with the Cottagers until June 2018.
After completing the paperwork, the England Under-18s international was quick to tweet his joy.
Delighted to have signed a new contract until 2018 with the club I have grown up supporting, another huge step!⚽️❤️ pic.twitter.com/cvkLLOxwyu
— Magnus Norman (@MagnusNormanGK1) September 10, 2015
Norman made his debut for the Young Lions in a 1-0 win over Switzerland in March before winning his second cap against Russia in Moscow in May.
The shotstopper has been at Fulham since the age of nine.
He has already tasted first-team football at Farnborough last season, and is currently on a season-long loan at Hayes & Yeading in the National League South