HII

Huntington Ingalls Industries

HARAM — DATA INCOMPLETEstock

Is HII Halal?

Naval shipbuilder — builds military warships.

What You Should Know

HII's March 31, 2026 filing shows debt/assets 21.55%, liquidity/assets 1.72% and receivables plus contract assets/assets 20.83%; gross interest income and a reproducible defense-revenue numerator are not disclosed. The core business is naval shipbuilding, including nuclear-powered aircraft carriers and submarines for the US Navy, which remains a material qualitative prohibition concern even though the automated financial record is incomplete.

⚠️ Concerns

  • Builds nuclear aircraft carriers
  • Nuclear submarines
  • Military naval vessels
  • Defense revenue and gross interest income are not separately quantified

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
21.55%Within limit
Below 33.333% under FTSE Yasaar

2,701 / 12,533

Cash + interest-bearing securities / assets
1.72%Within limit
Below 33.333% under FTSE Yasaar

216 / 12,533

Receivables + cash / assets
20.83%Within limit
Below 50% under FTSE Yasaar

2,611 / 12,533

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

Debt is 21.55%, liquidity is 1.72% and receivables plus cash are 20.83%, below the examined ratio limits, but gross interest income and prohibited activity revenue are unavailable.

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

Debt, liquidity and receivables-plus-cash are 21.55%, 1.72% and 20.83%, below the examined 33.33% total-assets limits; this does not override the unresolved core defense-business concern.

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

Debt and identifiable liquidity are 21.55% and 1.72%, below the examined 33% limits; this is a calculation against SAC ratios, not an official classification, and defense activity remains incomplete.

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

A properly licensed and reproducible 24- or 36-month issuer market-cap history is not stored, so market-cap methods are not estimated from a current spot price.

Business-activity disclosure

HII's core business is naval shipbuilding and defense systems, including nuclear-powered aircraft carriers and submarines. This is a material qualitative prohibition concern in the existing verdict, but the filing does not provide a scholar-specific prohibited-revenue numerator that can be entered without inventing precision.

Limitation: The filing does not quantify a prohibited-revenue numerator or gross interest income in a reproducible way; therefore the automated record remains incomplete even though the qualitative defense assessment is adverse.

Purification

Gross interest income and a scholar-approved purification numerator are unavailable; the adverse defense-business assessment is retained qualitatively and no fixed amount is prescribed.

Inputs, assumptions and primary sources
  • Long-term debt is 2,701; no current debt balance was added because the filing does not identify a separate current interest-bearing debt amount in the selected balance-sheet line.
  • Cash and cash equivalents are 216. No separate unrestricted interest-bearing securities balance was identified.
  • Accounts receivable of 406 is combined with 1,989 of contract assets because both represent reported rights to consideration; this is a conservative receivables proxy.
  • Quarterly revenue is 3,099. Gross interest income is not separately disclosed in a reproducible line item and is therefore null rather than assumed zero.
  • HII's naval shipbuilding and defense-contract revenue is not reported as a reproducible prohibited-revenue numerator in the filing.

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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