Is Garrett Motion, Inc. GTX stock halal to invest in?

No, as of August 2026, Garrett Motion, Inc. stock (GTX) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Garrett Motion, Inc. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Garrett Motion, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Garrett Motion, Inc. GTX reviewed for Shariah compliance?

Tabadulat reviews Garrett Motion, Inc. GTX for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Garrett Motion, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Garrett Motion, Inc. GTX pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Garrett Motion, Inc. stock (GTX) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Garrett Motion, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Garrett Motion, Inc. GTX pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Garrett Motion, Inc. stock (GTX) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Garrett Motion, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Garrett Motion, Inc. GTX pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Garrett Motion, Inc. stock (GTX) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. Garrett Motion, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Garrett Motion, Inc. GTX stock?

Garrett Motion, Inc. (GTX) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Garrett Motion, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Garrett Motion, Inc. GTX pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Garrett Motion, Inc. stock (GTX) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Garrett Motion, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Garrett Motion, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

GTX

About

Garrett Motion, Inc.

GTX

Garrett Motion Inc. 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 Inc. serves a diverse clientele, including major automobile manufacturers and global aftermarket suppliers, aiding both light vehicles and commercial trucks. With its roots in innovation and a history dating back to its spin-off from Honeywell in 2018, Garrett continues to drive advancements in turbocharging technology. This plays a significant role in transitioning fossil fuel reliance to more efficient engine systems, aligning with trends in electrification and hybridization of vehicles. Headquartered in Rolle, Switzerland, Garrett operates across multiple continents, benefiting from a robust global supply chain and focused research and development initiatives, ensuring it remains at the forefront of automotive propulsion technology.

Sector:

Consumer Cyclical

Industry:

Auto Parts

Employees:

6600

Website:

https://www.garrettmotion.com

GTX

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Garrett Motion, Inc.

About

Garrett Motion, Inc.

GTX

Frequently asked questions

Is Garrett Motion, Inc. GTX stock halal to invest in?

How often is Garrett Motion, Inc. GTX reviewed for Shariah compliance?

Does Garrett Motion, Inc. GTX pass the AAOIFI Non Permissible Income criteria?

Does Garrett Motion, Inc. GTX pass the AAOIFI Interest Bearing Investments criteria?

Does Garrett Motion, Inc. GTX pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Garrett Motion, Inc. GTX stock?

Does Garrett Motion, Inc. GTX pass the AAOIFI Preference Share screen?

Can I buy Garrett Motion (GTX) stock on Tabadulat?

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