LHX
L3Harris Technologies, Inc.
Is LHX Halal?
Defense-technology contractor with direct missile and weapons-system exposure; current financial ratios are below examined asset limits but do not override the failed activity screen.
What You Should Know
L3Harris' April 3, 2026 Form 10-Q reports $41,380 million total assets, $11,357 million interest-bearing debt, $590 million cash, $5,442 million billed plus contract assets, and $5,744 million quarterly revenue. ZakatInvest calculates debt/assets 27.45%, liquidity 1.43% and receivables plus cash/assets 14.58%; examined asset-based ratios are below named limits, while gross interest income is unavailable. Missile Solutions generated $990 million, or 17.24% of revenue, as a conservative lower-bound proxy for direct missile, munition and propulsion activity. SMS and CSD also contain missile warning, electronic warfare, targeting, communications and mission systems, but are not classified wholesale. This is a current ZakatInvest calculation, not an index-membership claim.
⚠️ Concerns
- •Missile Solutions generated $990 million, or 17.24% of quarterly revenue, as a disclosed lower-bound direct weapons/missile proxy
- •Missile Solutions includes propulsion, fuzing, guidance, advanced sensing, weapons-release and complete weapons systems
- •Communication & Spectrum Dominance includes electronic warfare, ISR, targeting sensors, night vision, weapon sights and aiming lasers
- •Space & Mission Systems includes missile warning and defense and mixed civil-government/space programs
- •The 2023 Aerojet Rocketdyne acquisition and subsequent $1 billion Department of War investment agreement require future perimeter review
- •Gross interest income, full prohibited-revenue allocation and market-cap denominator methods remain incomplete; export controls, civilian harm, labor and procurement require continuing review
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-04-03; calculated 2026-07-14.
11,357 / 41,380
590 / 41,380
6,032 / 41,380
- Financial
- Incomplete
- Overall
- Incomplete
Debt/assets are 27.45%, liquidity is 1.43% and receivables plus cash are 14.58%, below the examined FTSE asset limits. Gross interest income is unavailable and the full activity numerator is not disclosed, so the result remains incomplete; Missile Solutions is a separate $990 million lower-bound proxy.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets, liquidity and receivables-plus-cash are below the examined MSCI total-assets limits. The overall record remains incomplete because gross interest income and program-level prohibited revenue are not fully disclosed. This is a calculation against the named method, not an index-membership claim.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets and liquidity are below the examined Malaysia SAC financial limits, but the filing does not provide a universal product-level activity numerator or gross interest-income figure. This is a calculation against SAC ratios, not an official classification of a U.S.-listed security.
- Financial
- Not calculated
- Overall
- Incomplete
A properly licensed historical market-cap series is not stored. A different denominator cannot resolve the direct missile and weapons-system activity concern or unavailable income numerator.
Business-activity disclosure
L3Harris is a defense-technology company whose 2026 reporting reorganized its activities into Space & Mission Systems, Communication & Spectrum Dominance and Missile Solutions. Missile Solutions generated $990 million in the quarter and includes propulsion, fuzing, guidance, advanced sensing, weapons-release and complete weapons systems. SMS and CSD also include missile warning, defense communications, electronic warfare, targeting, sensors and mission systems, but public reporting does not allocate every capability between direct weapons, defense support, civil-government and commercial uses.
Limitation: The filing reports revenue by segment, customer relationship, contract type and geography, not by every product's prohibited end use. The $990 million Missile Solutions figure is a measured lower bound, not a claim that all SMS or CSD revenue is prohibited or that all remaining revenue is permissible.
Purification
The Missile Solutions lower bound is a business-activity proxy, not a scholar-approved purification percentage. Gross non-compliant investment income is unavailable and no fixed donation percentage is asserted; investors should follow qualified guidance for an impermissible holding.
Inputs, assumptions and primary sources
- Inputs use L3Harris' April 3, 2026 Form 10-Q; amounts are USD millions and revenue is for the thirteen-week first quarter.
- Debt uses $350 million of short-term debt, $1,816 million of current long-term debt and $9,191 million of long-term debt, net of discounts and issuance costs. Operating liabilities are not silently added.
- Cash uses $590 million of cash and cash equivalents. The filing does not present a separate current interest-bearing securities balance; no unsupported amount is entered.
- Receivables use $1,912 million of net receivables plus $3,530 million of contract assets because the filing identifies both balances as contract-related assets generated by the operating programs.
- Total revenue is $5,744 million. The filing reports $136 million of net interest expense but no standalone gross interest-income numerator; income is therefore unavailable rather than estimated from interest expense.
- Missile Solutions revenue of $990 million is entered as a conservative lower-bound proxy for direct missile, munition and propulsion activity. Space & Mission Systems and Communication & Spectrum Dominance contain mixed defense, civil-government and commercial-adjacent work, so they are not classified wholesale.
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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