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Is FTV (Fortive Corporation) Halal or Haram?

New York Stock ExchangeTechnologyHardware, Equipment & Parts$19.02B2026-04-29
FTV is Halal4/4 screens passed

Fortive Corporation comfortably passes all AAOIFI shariah screens, making it a fully compliant investment. The company maintains a remarkably clean balance sheet with zero interest income and a debt-to-market cap ratio of 16.9%, well below the 33% threshold. Its core operations in industrial technology and enterprise software pose no shariah concerns.

Price Chart (5D)

$59.04-2.16 (-3.53%)
2026-05-012026-04-24

FTV — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-05-0160.6960.8558.5059.033.3M-2.74%
2026-04-3062.1162.8157.8059.797.4M-3.74%
2026-04-2961.7462.4361.5061.754.8M+0.02%
2026-04-2862.1862.2361.1861.773.2M-0.66%
2026-04-2761.1762.2861.1262.014.6M+1.37%
2026-04-2460.9961.5660.6561.092.9M+0.16%
2026-04-2360.9761.4060.4961.112.3M+0.23%

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Shariah Screening Details for FTV

Business Activity

Permissible

Fortive Corporation's core business of providing connected reliability software, precision test tools, and industrial gas detection equipment is fully permissible and free from haram elements.

Debt / Market Cap

16.86%

Debt: $3.21BThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

1.97%

Cash: $375.5MThreshold: ≤33%

About Fortive Corporation (FTV)

Fortive Corporation is a global industrial technology company that designs and manufactures professional engineered products and software. Its core offerings include connected reliability tools, environmental health and safety enterprise software, and precision calibration equipment used extensively across manufacturing and process industries.

For Muslim investors, Fortive Corporation represents a strongly compliant investment opportunity within the technology sector. The stock successfully passes all four AAOIFI screening criteria, meaning its business activities and financial structures align with Islamic principles and avoid prohibitive elements like riba (interest) or haram industries.

From an Islamic finance perspective, Fortive's financial health is exceptionally strong and well within halal boundaries. The company carries a very manageable debt-to-market cap ratio of 16.9% and generates 0.00% of its revenue from interest income, ensuring investors are shielded from impermissible financial gains.

Since there are no major scholarly debates regarding industrial hardware and enterprise software, the primary focus for halal investors should be monitoring Fortive's future corporate acquisitions. Investors should periodically review the stock to ensure any new subsidiaries remain aligned with shariah guidelines and do not introduce excessive debt.

CEO

Olumide O. Soroye

Employees

10,000

IPO Date

2016-07-05

Headquarters

Everett, WA, US

FTV Key Financial Statistics

Revenue

$5.14B

Net Income

$579.2M

EPS (Diluted)

$1.74

Stock Price

61.77

Beta

1.00

52-Week Range

46.34-62.42

Total Debt

$3.21B

Total Equity

$6.45B

Current Ratio

0.71

FTV Financial Health & Profitability

Profit Margins

Gross Margin61.0%
Operating Margin17.7%
Net Margin11.3%

Revenue Growth (YoY)

-17.5%

Prior year: $6.23B

Net Debt

$2.83B

Cash: $375.5M — Debt: $3.21B

R&D Spending

$342.3M

% of Revenue

6.7%

Frequently Asked Questions About FTV

Is FTV (Fortive Corporation) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, FTV is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (16.86% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (1.97% vs ≤33% threshold).
What does Fortive Corporation do?
Fortive Corporation is a global industrial technology company that designs and manufactures professional engineered products and software. Its core offerings include connected reliability tools, environmental health and safety enterprise software, and precision calibration equipment used extensively across manufacturing and process industries. For Muslim investors, Fortive Corporation represents a strongly compliant investment opportunity within the technology sector. The stock successfully passes all four AAOIFI screening criteria, meaning its business activities and financial structures align with Islamic principles and avoid prohibitive elements like riba (interest) or haram industries. From an Islamic finance perspective, Fortive's financial health is exceptionally strong and well within halal boundaries. The company carries a very manageable debt-to-market cap ratio of 16.9% and generates 0.00% of its revenue from interest income, ensuring investors are shielded from impermissible financial gains. Since there are no major scholarly debates regarding industrial hardware and enterprise software, the primary focus for halal investors should be monitoring Fortive's future corporate acquisitions. Investors should periodically review the stock to ensure any new subsidiaries remain aligned with shariah guidelines and do not introduce excessive debt. Fortive Corporation operates in the Technology sector under the Hardware, Equipment & Parts industry and is headquartered in Everett, WA, US. The company is led by CEO Olumide O. Soroye and employs approximately 10,000 people.
What screening criteria were used for FTV?
FTV was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. FTV passed 4 of these 4 screens.
Does FTV require income purification?
FTV has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.
When was FTV last screened?
FTV was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.

Disclaimer

This shariah compliance assessment for FTV (Fortive Corporation) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-04-29.

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