MSI

Motorola Solutions Inc.

DOUBTFUL — SCREEN DOES NOT PASSstock

Is MSI Halal?

Public-safety communications are generally permissible, but the current total-assets debt screen fails and downstream end use remains qualitative.

What You Should Know

Motorola Solutions' April 4, 2026 filing reports 46.99% interest-bearing debt/assets, 5.63% identifiable liquidity/assets, 22.64% receivables-plus-cash/assets and 0.26% disclosed interest income/revenue. Public-safety technology is generally permissible, but government, defense and surveillance end use requires qualitative review.

⚠️ Concerns

  • Debt/assets was 46.99%
  • Government and defense customer mix is not fully disaggregated
  • Interest income was 7 million in the quarter

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-04-04; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
46.99%Above limit
Below 33.333% under FTSE Yasaar

8,965 / 19,080

Cash + interest-bearing securities / assets
5.62%Within limit
Below 33.333% under FTSE Yasaar

1,073 / 19,080

Receivables + cash / assets
22.64%Within limit
Below 50% under FTSE Yasaar

4,320 / 19,080

Non-compliant income / revenue
0.26%Within limit
No more than 5% under FTSE Yasaar

7 / 2,714

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

Debt/assets is 46.99%, while identifiable liquidity/assets is 5.63%, receivables plus cash/assets is 22.64% and interest income/revenue is 0.26%; debt fails the examined limit.

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

The debt/assets ratio is above the examined limit; other calculated ratios are below their limits and business classification remains qualitative.

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

Debt/assets is above 33%; 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 reproducible 24- or 36-month market-cap history is not stored; a spot estimate is not substituted.

Business-activity disclosure

Motorola Solutions provides public-safety communications, video security, command software and services. The core activity is generally permissible, while government, defense and downstream end-use exposure requires qualitative review.

Limitation: The filing does not classify every customer, contract or end use under a Sharia standard.

Purification

Interest income is disclosed, but ZakatInvest does not prescribe a fixed scholar-approved purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Motorola Solutions' April 4, 2026 Form 10-Q.
  • Debt includes current debt of 550 and long-term debt of 8,415.
  • Receivables include accounts receivable of 2,046 and contract assets of 1,388; government money-market funds are included in cash and are not double-counted.
  • The filing reports 7 of interest income and 111 of interest expense.
  • Revenue and customer end-use categories do not provide a universal prohibited-revenue numerator.

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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