AVAV
AeroVironment, Inc.
Is AVAV Halal?
Combat unmanned aircraft systems and loitering munitions create a binding qualitative concern; the filing-based ratios are incomplete because gross interest income is not separately disclosed.
What You Should Know
AeroVironment's April 30, 2026 Form 10-K reports $5,716.742M of assets, $728.967M of debt, $377.325M of cash, $254.972M of short-term investments and $886.575M of receivables including unbilled receivables and retentions. Fiscal 2026 revenue was $1,976.8M. Debt/assets is 12.75%, identifiable liquidity/assets 11.06% and receivables plus cash/assets 22.10%; gross interest income is not separately disclosed. The core business includes Switchblade loitering munitions, tactical missile systems, counter-UAS, directed energy and other defense technology, so strict boards may classify AVAV as haram even though several financial ratios pass.
⚠️ Concerns
- •Combat loitering munitions and tactical missile systems are material products
- •BlueHalo expands counter-UAS, electronic-warfare and directed-energy exposure
- •Primary customers include the U.S. Department of Defense and allied militaries
- •Gross interest income and a universal prohibited-revenue numerator are not disclosed
Current quantitative Sharia screen
Based on 10-K figures for the period ended 2026-04-30; calculated 2026-07-13.
728.967 / 5,716.742
632.297 / 5,716.742
1,263.9 / 5,716.742
- Financial
- Incomplete
- Overall
- Incomplete
Debt/assets is 12.75%, liquidity/assets 11.06% and receivables plus cash/assets 22.10%; gross interest income is unavailable and the defense-activity numerator is not disclosed.
- Financial
- Pass
- Overall
- Incomplete
Debt, liquidity and receivables-plus-cash ratios are below the examined MSCI limits; business activity remains a separate qualitative concern.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets and liquidity/assets are below the examined Malaysia SAC limits; the defense activity is not reduced to a universal revenue numerator.
- Financial
- Not calculated
- Overall
- Incomplete
No licensed historical market-cap series is stored.
Business-activity disclosure
AeroVironment's primary business is defense technology, including combat unmanned aircraft, loitering munitions, tactical missile systems, counter-UAS and directed-energy products. The activity is a qualitative binding concern for strict Sharia screens.
Limitation: The filing does not provide a universal prohibited-revenue numerator by weapons system or end use, so no percentage is invented.
Purification
Gross interest income is not separately disclosed; ZakatInvest does not assert a purification percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions converted from AeroVironment's April 30, 2026 Form 10-K balance sheet and fiscal-year results.
- Receivables include accounts receivable of $316.167 million plus unbilled receivables and retentions of $570.408 million; cash and short-term investments are reported separately.
- The filing does not separately disclose gross interest income, so no income numerator is invented.
- Fiscal 2026 revenue was $1,976.8 million. The issuer develops defense technology, including unmanned aircraft, loitering munitions, counter-UAS and directed-energy systems.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →