
Is LHX (L3Harris Technologies, Inc.) Halal or Haram?
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)
LHX — Last 7 Days
| Date | Open | High | Low | Close | Volume | Change |
|---|---|---|---|---|---|---|
| 2026-05-01 | 322.00 | 322.65 | 312.51 | 313.37 | 1.4M | -2.68% |
| 2026-04-30 | 321.59 | 325.48 | 313.01 | 320.55 | 2.7M | -0.32% |
| 2026-04-29 | 325.48 | 326.76 | 319.61 | 321.40 | 1.6M | -1.25% |
| 2026-04-28 | 323.75 | 326.13 | 321.86 | 324.92 | 1.6M | +0.36% |
| 2026-04-27 | 318.43 | 324.67 | 318.27 | 320.46 | 1.3M | +0.64% |
| 2026-04-24 | 328.82 | 328.82 | 314.75 | 317.51 | 2.4M | -3.44% |
| 2026-04-23 | 333.11 | 334.75 | 325.85 | 330.22 | 2.2M | -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%
Interest Income
0.00%
Cash & Securities
1.76%
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
Website
www.l3harris.comLHX 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
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?▾
What does L3Harris Technologies, Inc. do?▾
What screening criteria were used for LHX?▾
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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.