GE

GE Aerospace (General Electric)

DOUBTFUL — SCREEN DOES NOT PASSstock

Is GE Halal?

Industrial/aerospace with a mixed commercial and defense business; the conservative liquidity screen is above the examined limits.

What You Should Know

GE Aerospace's March 31, 2026 Form 10-Q reports $128,445m assets, $20,276m borrowings, $10,981m cash and $38,193m investment securities. Debt/assets is 15.79%, but conservative liquidity/assets is 38.29%; defense revenue and non-compliant income remain incompletely classified.

⚠️ Concerns

  • Defense and military propulsion contracts
  • Investment securities include insurance and other portfolios
  • Weapons-adjacent aerospace technology

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
15.79%Within limit
Below 33.333% under FTSE Yasaar

20,276 / 128,445

Cash + interest-bearing securities / assets
38.28%Above limit
Below 33.333% under FTSE Yasaar

49,174 / 128,445

Receivables + cash / assets
18.25%Within limit
Below 50% under FTSE Yasaar

23,447 / 128,445

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Debt/assets is 15.79%, liquidity/assets is 38.29% using the conservative securities total, and receivables-plus-cash/assets is 18.23%; the liquidity ratio exceeds the examined 33.333% limit.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

The conservative liquidity/assets calculation is above the examined MSCI limit; business classification is also incomplete.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

The conservative liquidity/assets calculation is above the examined Malaysia limit; this is a calculation against SAC ratios, not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Not calculated

A licensed historical market-cap series is not stored, so market-cap denominator methods are not estimated from a spot price.

Business-activity disclosure

GE Aerospace manufactures commercial engines and services and also supplies defense propulsion and related technologies. Commercial aerospace is generally permissible, while defense end-use requires scholar-specific ethical judgment.

Limitation: The filing reports a defense segment but does not provide a complete prohibited-activity revenue numerator under a single Sharia standard.

Purification

No complete non-compliant-income decomposition is disclosed; ZakatInvest does not prescribe a fixed purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from GE Aerospace's March 31, 2026 Form 10-Q.
  • Investment securities are included conservatively as identifiable interest-bearing or financial securities; the filing includes insurance and other investment portfolios.
  • The filing does not separately isolate interest income from equity-method, licensing and royalty items.
  • Defense & Propulsion Technologies revenue was $3,214m of $12,133m segment revenue; downstream use and ethical classification remain scholar-dependent.

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.

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