
Is Northrop Grumman (NOC) stock Halal?
As of the September 2026 screening, Northrop Grumman Corp. (NOC) does not meet the AAOIFI Shariah Standard No. 21 threshold for the non-permissible income screen, so the stock is not currently classified as Shariah compliant. It is re-screened every month and can regain compliance if its financial structure changes.
Northrop Grumman is a leading aerospace and defense technology company based in Falls Church, Virginia. The corporation's core purpose is to design, develop, and deliver innovatively advanced systems and solutions in a range of sectors, such as cybersecurity, C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance), autonomous systems, and space exploration. Notable for its significant impact on military and government operations worldwide, Northrop Grumman provides both innovative products and crucial intelligence integration services vital to national security. For Muslim investors, though, the most pressing question is simpler: is Northrop Grumman a Halal investment?
Is Northrop Grumman Shariah compliant?
For industrial companies like Northrop Grumman, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does Northrop Grumman pass the business activity test?
The activity screen is only part of the picture this month: Northrop Grumman currently fails the non-permissible income 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 Northrop Grumman's income Halal?
No. Northrop Grumman's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Northrop Grumman meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has NOC re-screened every month, and the result above always shows the latest verdict.
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?



