Is Garrett Motion (GTX) stock Halal?
September 2026 AAOIFI screening result for Garrett Motion, Inc. (GTX): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. Garrett Motion, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Garrett Motion is a leading manufacturer and distributor of turbocharger and electric-boosting technologies, primarily used in the automotive industry. The company excels in creating solutions that improve fuel efficiency, reduce emissions, and enhance overall vehicle performance, which are critical in today's regulatory environment and consumer demand for sustainable transportation. Garrett Motion serves a diverse clientele, including major automobile manufacturers and global aftermarket suppliers, aiding both light vehicles and commercial trucks. Before any of that matters to a Muslim investor, one question comes first: is Garrett Motion stock Halal?
Is Garrett Motion Shariah compliant?
Industrial businesses like Garrett Motion usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Garrett Motion pass the business activity test?
The activity screen is only part of the picture this month: Garrett Motion currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Garrett Motion's income Halal?
Yes, within AAOIFI's tolerance. Garrett Motion's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Garrett Motion meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



