RTX

RTX Corp (Raytheon)

HARAM — SCREEN DOES NOT PASSstock

Is RTX Halal?

Defense-heavy weapons and military-systems manufacturer; the financial ratios pass, but the core business screen fails under a weapons-exclusion approach.

What You Should Know

RTX's March 31, 2026 Form 10-Q reports $170,431m assets, $37,413m debt, $6,818m cash and $12,945m receivables. Debt/assets is 21.95%; Raytheon's missiles, weapons and defense systems drive the qualitative fail.

⚠️ Concerns

  • Missiles and weapons systems
  • Military propulsion and defense electronics
  • Government and warfare end-use concentration

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
21.95%Within limit
Below 33.333% under FTSE Yasaar

37,413 / 170,431

Cash + interest-bearing securities / assets
4.00%Within limit
Below 33.333% under FTSE Yasaar

6,818 / 170,431

Receivables + cash / assets
11.60%Within limit
Below 50% under FTSE Yasaar

19,763 / 170,431

Non-compliant income / revenue
0.11%Within limit
No more than 5% under FTSE Yasaar

24 / 22,076

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

Debt/assets is 21.95%, liquidity/assets is 4.00%, and receivables-plus-cash/assets is 11.60%; the defense-business screen fails.

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

The examined financial ratios pass, but a weapons-focused business screen fails.

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

Financial ratios pass the examined limits; the qualitative defense screen fails. This is not an official SAC 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.

Business-activity disclosure

RTX operates Collins Aerospace, Pratt & Whitney and Raytheon. Raytheon's $6,945m segment revenue is used as a conservative disclosed weapons-and-defense proxy; a weapons-exclusion approach fails the core activity screen.

Limitation: The proxy does not capture all defense-related work in Collins or Pratt & Whitney, and no universally accepted scholarly threshold is implied.

Purification

Interest income is disclosed, but a complete purification calculation is outside ZakatInvest's scope and no fixed percentage is prescribed.

Inputs, assumptions and primary sources
  • Amounts are USD millions from RTX's March 31, 2026 Form 10-Q.
  • Total debt is explicitly reported; accounts receivable excludes contract assets to avoid treating unbilled performance obligations as cash-like receivables.
  • Interest income of $24m is disclosed in the interest-expense reconciliation.
  • The filing does not provide a complete prohibited-activity 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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