
Is FTV (Fortive Corporation) Halal or Haram?
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)
FTV — Last 7 Days
| Date | Open | High | Low | Close | Volume | Change |
|---|---|---|---|---|---|---|
| 2026-05-01 | 60.69 | 60.85 | 58.50 | 59.03 | 3.3M | -2.74% |
| 2026-04-30 | 62.11 | 62.81 | 57.80 | 59.79 | 7.4M | -3.74% |
| 2026-04-29 | 61.74 | 62.43 | 61.50 | 61.75 | 4.8M | +0.02% |
| 2026-04-28 | 62.18 | 62.23 | 61.18 | 61.77 | 3.2M | -0.66% |
| 2026-04-27 | 61.17 | 62.28 | 61.12 | 62.01 | 4.6M | +1.37% |
| 2026-04-24 | 60.99 | 61.56 | 60.65 | 61.09 | 2.9M | +0.16% |
| 2026-04-23 | 60.97 | 61.40 | 60.49 | 61.11 | 2.3M | +0.23% |
Discussion
Sign in to join the discussion
Loading comments...
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%
Interest Income
0.00%
Cash & Securities
1.97%
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
Website
www.fortive.comFTV 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
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?▾
What does Fortive Corporation do?▾
What screening criteria were used for FTV?▾
Does FTV require income purification?▾
When was FTV last screened?▾
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.