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Is LHX (L3Harris Technologies, Inc.) Halal or Haram?

New York Stock ExchangeIndustrialsAerospace & Defense$60.61B2026-04-29
LHX is Halal4/4 screens passed

L3Harris Technologies passes all AAOIFI shariah screens, making it a fully compliant investment. The company maintains a healthy balance sheet with a debt-to-market cap ratio of 17.2%, well below the 33% threshold, and generates 0.00% interest income against its revenue. With cash and securities sitting at just 1.8% of its market cap, LHX demonstrates strong financial discipline from an Islamic perspective.

Price Chart (5D)

$313.22-4.25 (-1.34%)
2026-05-012026-04-24

LHX — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-05-01322.00322.65312.51313.371.4M-2.68%
2026-04-30321.59325.48313.01320.552.7M-0.32%
2026-04-29325.48326.76319.61321.401.6M-1.25%
2026-04-28323.75326.13321.86324.921.6M+0.36%
2026-04-27318.43324.67318.27320.461.3M+0.64%
2026-04-24328.82328.82314.75317.512.4M-3.44%
2026-04-23333.11334.75325.85330.222.2M-0.87%

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Shariah Screening Details for LHX

Business Activity

Permissible

L3Harris Technologies passes the business activity screen as its core operations in aerospace, defense technology, and mission-critical ISR systems for government and commercial clients are permissible.

Debt / Market Cap

17.23%

Debt: $10.44BThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

1.76%

Cash: $1.07BThreshold: ≤33%

About L3Harris Technologies, Inc. (LHX)

L3Harris Technologies, Inc. (LHX) is a prominent aerospace and defense technology company providing mission-critical solutions globally. Its core offerings include intelligence, surveillance, and reconnaissance (ISR) systems, advanced communication networks, and maritime platform integrations for both government and commercial customers.

For Muslim investors, LHX represents a solid opportunity within the industrials sector as it is classified as Halal according to AAOIFI standards. The stock successfully passed all four compliance screens, meaning its core business operations and financial structures align with Islamic investment principles.

From a financial perspective, L3Harris demonstrates excellent compliance metrics, particularly with a comfortable debt-to-market cap ratio of 17.2%. Furthermore, the company derives absolutely no revenue from interest-bearing activities (0.00%), ensuring investors are not exposed to impermissible income streams.

While defense contracting is generally permissible under shariah law, Muslim investors should monitor the company's future government contracts to ensure they align with broader ethical considerations. Additionally, keeping an eye on debt levels during potential future acquisitions will be important to maintain its compliant status.

CEO

Christopher E. Kubasik

Employees

47,000

IPO Date

1981-12-31

Headquarters

Melbourne, FL, US

LHX Key Financial Statistics

Revenue

$21.86B

Net Income

$1.61B

EPS (Diluted)

$8.53

Stock Price

324.48

Beta

0.75

52-Week Range

214.1-379.23

Total Debt

$10.44B

Total Equity

$19.64B

Current Ratio

1.19

LHX Financial Health & Profitability

Profit Margins

Gross Margin25.7%
Operating Margin10.0%
Net Margin7.3%

Revenue Growth (YoY)

+2.5%

Prior year: $21.32B

Net Debt

$9.37B

Cash: $1.07B — Debt: $10.44B

Frequently Asked Questions About LHX

Is LHX (L3Harris Technologies, Inc.) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, LHX 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 (17.23% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (1.76% vs ≤33% threshold).
What does L3Harris Technologies, Inc. do?
L3Harris Technologies, Inc. (LHX) is a prominent aerospace and defense technology company providing mission-critical solutions globally. Its core offerings include intelligence, surveillance, and reconnaissance (ISR) systems, advanced communication networks, and maritime platform integrations for both government and commercial customers. For Muslim investors, LHX represents a solid opportunity within the industrials sector as it is classified as Halal according to AAOIFI standards. The stock successfully passed all four compliance screens, meaning its core business operations and financial structures align with Islamic investment principles. From a financial perspective, L3Harris demonstrates excellent compliance metrics, particularly with a comfortable debt-to-market cap ratio of 17.2%. Furthermore, the company derives absolutely no revenue from interest-bearing activities (0.00%), ensuring investors are not exposed to impermissible income streams. While defense contracting is generally permissible under shariah law, Muslim investors should monitor the company's future government contracts to ensure they align with broader ethical considerations. Additionally, keeping an eye on debt levels during potential future acquisitions will be important to maintain its compliant status. L3Harris Technologies, Inc. operates in the Industrials sector under the Aerospace & Defense industry and is headquartered in Melbourne, FL, US. The company is led by CEO Christopher E. Kubasik and employs approximately 47,000 people.
What screening criteria were used for LHX?
LHX 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. LHX passed 4 of these 4 screens.
Does LHX require income purification?
LHX 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 LHX last screened?
LHX 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 LHX (L3Harris Technologies, Inc.) 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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