NOC
Northrop Grumman Corp.
Is NOC Halal?
Defense and aerospace contractor whose weapons-focused business screen fails despite passing the examined financial ratios.
What You Should Know
Northrop Grumman's March 31, 2026 Form 10-Q reports $50,007m assets, $15,669m debt, $2,090m cash and $9,362m receivables. Debt/assets is 31.33%; strategic aircraft, missiles and electronic-warfare systems drive the qualitative fail.
⚠️ Concerns
- •Strategic aircraft and missile systems
- •Electronic warfare and military space programs
- •86% of first-quarter sales were to the U.S. government
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.
15,669 / 50,007
2,090 / 50,007
11,452 / 50,007
0 / 9,881
- Financial
- Pass
- Overall
- Fails
Debt/assets is 31.33%, liquidity/assets is 4.18%, and receivables-plus-cash/assets is 22.90%; the defense-business screen fails.
- Financial
- Pass
- Overall
- Fails
The examined financial ratios pass, but the weapons-focused business screen fails.
- Financial
- Pass
- Overall
- Fails
Debt and liquidity ratios are below the examined Malaysia limits; the qualitative defense screen fails. This is not an official SAC classification.
- Financial
- Not calculated
- Overall
- Not calculated
A licensed historical market-cap series is not stored.
Business-activity disclosure
Northrop Grumman reports $9,881m of first-quarter sales across Aeronautics, Defense, Mission and Space Systems; the company is primarily a defense contractor and a weapons-exclusion approach fails the core activity screen.
Limitation: The filing does not define a universal scholarly threshold for defense activity; the full-sales proxy is conservative and not an official classification.
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 Northrop Grumman's March 31, 2026 Form 10-Q.
- Debt includes the current portion of long-term debt, long-term debt and $500m commercial paper outstanding at quarter end.
- Receivables include accounts receivable plus unbilled receivables, which the filing describes as contract assets.
- The filing does not separately disclose a complete non-compliant-income 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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