Is HII (Huntington Ingalls Industries, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, HII 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 (22.11% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (5.44% vs ≤33% threshold).

Huntington Ingalls Industries, Inc. (HII) is a prominent American defense contractor specializing in designing, building, and overhauling military vessels. Operating through segments like Newport News Shipbuilding, the company is responsible for constructing highly advanced nuclear-powered aircraft carriers, submarines, and amphibious assault ships for the U.S. Navy and Coast Guard. For Muslim investors, HII represents a strong, fully shariah-compliant investment opportunity within the aerospace and defense sector. The stock successfully passes all four AAOIFI screening criteria, meaning both its core defense manufacturing operations and its underlying financial structures align with Islamic finance principles. From a financial screening perspective, HII demonstrates responsible leverage with a debt-to-market cap ratio of 22.1%, comfortably below the strict 33% limit. Furthermore, its interest-bearing cash and securities sit at a low 5.4% of its market capitalization, and the company generates 0.00% in interest income, ensuring its revenue streams remain exceptionally pure. While the defense and shipbuilding industry is broadly permissible, Muslim investors should continue to monitor HII's balance sheet in the future. Keeping an eye on debt levels will ensure the company remains comfortably below the 33% AAOIFI threshold during periods of economic volatility or major capital expenditures. Huntington Ingalls Industries, Inc. operates in the Industrials sector under the Aerospace & Defense industry and is headquartered in Newport News, VA, US. The company is led by CEO Christopher Douglas Kastner and employs approximately 44,000 people.

HII 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. HII passed 4 of these 4 screens.

HII 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.

HII 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.