CW
Curtiss-Wright Corporation
Is CW Halal?
Diversified industrial manufacturer with substantial commercial-aerospace, industrial, and nuclear-power exposure but also material defense-and-naval-defense revenue — mixed end-market profile raises Sharia concerns on the defense-revenue component.
What You Should Know
Curtiss-Wright makes engineered components for aerospace, defense, nuclear and industrial markets. General engineering is generally permissible, while defense/naval and government end uses are the preserved qualitative concern. Its March 31, 2026 Form 10-Q reports assets of $5,270.081 million, conservative debt/leases of $1,148.383 million, cash of $343.447 million, receivables of $996.331 million and quarterly revenue of $913.687 million. Debt/assets is 21.79%, liquidity/assets is 6.52% and receivables plus cash/assets is 25.42%, so known financial ratios pass; the filing reports interest expense but no gross interest-income numerator, leaving the complete screen incomplete.
⚠️ Concerns
- •Defense and naval end-use revenue requires qualified review
- •Known debt/assets is 21.79%, below examined limits
- •Interest-income numerator unavailable; no fixed purification percentage asserted
- •Nuclear and government contracts
- •No universal prohibited-revenue numerator
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.
1,148.383 / 5,270.081
343.447 / 5,270.081
1,339.778 / 5,270.081
- Financial
- Incomplete
- Overall
- Incomplete
Debt/assets is 21.79%, liquidity/assets is 6.52% and receivables-plus-cash/assets is 25.42%, below the examined limits; interest-income disclosure and activity allocation remain incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 21.79%, liquidity/assets is 6.52% and receivables-plus-cash/assets is 25.42%, below the examined MSCI limits; activity allocation remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 21.79% and liquidity/assets is 6.52%, below the examined Malaysia limits; activity allocation remains incomplete.
- Financial
- Not calculated
- Overall
- Incomplete
A properly licensed and reproducible historical market-cap series is not stored; filing-based asset ratios remain documented.
Business-activity disclosure
Curtiss-Wright makes engineered components and systems for aerospace, defense, nuclear and industrial markets. General engineering and manufacturing are generally permissible, while defense and end-use allocation require qualitative review.
Limitation: The filing does not provide a universal prohibited-revenue numerator across contracts, customers and end uses.
Purification
The current filing reports interest expense but does not separately disclose an interest-income numerator; no fixed purification percentage is asserted.
Inputs, assumptions and primary sources
- Amounts are USD millions from Curtiss-Wright's March 31, 2026 Form 10-Q.
- Conservative debt combines $957.635 million of long-term debt and $190.748 million of noncurrent operating-lease liabilities.
- Cash is $343.447 million and receivables are $996.331 million.
- Quarterly revenue is $913.687 million; the filing reports interest expense but does not separately disclose an interest-income numerator.
- Aerospace, defense, commercial nuclear and industrial control products are generally permissible at the activity level, while defense and customer end uses require qualitative review.
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 →