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Is NOC (Northrop Grumman Corporation) Halal or Haram?

New York Stock ExchangeIndustrialsAerospace & Defense$81.22B2026-04-29
NOC is Halal4/4 screens passed

Northrop Grumman Corporation successfully passes all AAOIFI Shariah screening criteria, making it a Halal stock. The company maintains a compliant financial position with a debt-to-market cap ratio of 24.3%, well below the 33% threshold, and reports 0.00% in non-permissible interest income. Furthermore, its cash and securities stand at just 5.4% of market capitalization, ensuring full compliance for Islamic portfolios.

Price Chart (5D)

$568.19-2.24 (-0.39%)
2026-05-012026-04-24

NOC — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-05-01578.75580.86568.09568.14642K-1.83%
2026-04-30574.14580.74573.25579.48650K+0.93%
2026-04-29578.00582.13567.33572.41684K-0.97%
2026-04-28581.96582.99570.66577.82586K-0.71%
2026-04-27577.00588.26569.56575.28932K-0.30%
2026-04-24582.32582.78569.00575.111.0M-1.24%
2026-04-23592.57596.50583.23587.661.4M-0.83%

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Shariah Screening Details for NOC

Business Activity

Permissible

Northrop Grumman passes the business activity screen as its core operations in aerospace, defense systems, and unmanned autonomous aircraft are permissible under Shariah principles.

Debt / Market Cap

24.30%

Debt: $19.74BThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

5.42%

Cash: $4.40BThreshold: ≤33%

About Northrop Grumman Corporation (NOC)

Northrop Grumman Corporation (NOC) is a leading global aerospace and defense contractor. The company specializes in advanced aeronautics, developing unmanned autonomous aircraft systems, strategic long-range strike aircraft, and sophisticated weapon systems for military applications worldwide.

For Muslim investors, NOC is currently classified as a Halal investment, having passed all four AAOIFI screening criteria. The company's core operations in defense and aerospace are permissible, and it successfully meets all required financial thresholds, meaning investors can confidently include it in a Shariah-compliant portfolio.

From an Islamic finance perspective, Northrop Grumman demonstrates strong financial discipline. The company carries a compliant debt-to-market cap ratio of 24.3% and generates zero non-permissible interest income, indicating that its revenue is entirely derived from its core defense and aerospace operations rather than financial engineering.

While defense contracting is generally permissible, Islamic investors should continuously monitor the company's debt levels and cash reserves to ensure they remain below the strict 33% AAOIFI thresholds during future market fluctuations.

CEO

Kathy J. Warden

Employees

97,000

IPO Date

1981-12-31

Headquarters

Falls Church, VA, US

NOC Key Financial Statistics

Revenue

$41.95B

Net Income

$4.18B

EPS (Diluted)

$29.08

Stock Price

571.87

Beta

0.05

52-Week Range

453.01-774

Total Debt

$19.74B

Total Equity

$16.67B

Current Ratio

1.09

NOC Financial Health & Profitability

Profit Margins

Gross Margin19.8%
Operating Margin10.2%
Net Margin10.0%

Revenue Growth (YoY)

+2.2%

Prior year: $41.03B

Net Debt

$15.34B

Cash: $4.40B — Debt: $19.74B

R&D Spending

$1.10B

% of Revenue

2.6%

Frequently Asked Questions About NOC

Is NOC (Northrop Grumman Corporation) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, NOC 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 (24.30% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (5.42% vs ≤33% threshold).
What does Northrop Grumman Corporation do?
Northrop Grumman Corporation (NOC) is a leading global aerospace and defense contractor. The company specializes in advanced aeronautics, developing unmanned autonomous aircraft systems, strategic long-range strike aircraft, and sophisticated weapon systems for military applications worldwide. For Muslim investors, NOC is currently classified as a Halal investment, having passed all four AAOIFI screening criteria. The company's core operations in defense and aerospace are permissible, and it successfully meets all required financial thresholds, meaning investors can confidently include it in a Shariah-compliant portfolio. From an Islamic finance perspective, Northrop Grumman demonstrates strong financial discipline. The company carries a compliant debt-to-market cap ratio of 24.3% and generates zero non-permissible interest income, indicating that its revenue is entirely derived from its core defense and aerospace operations rather than financial engineering. While defense contracting is generally permissible, Islamic investors should continuously monitor the company's debt levels and cash reserves to ensure they remain below the strict 33% AAOIFI thresholds during future market fluctuations. Northrop Grumman Corporation operates in the Industrials sector under the Aerospace & Defense industry and is headquartered in Falls Church, VA, US. The company is led by CEO Kathy J. Warden and employs approximately 97,000 people.
What screening criteria were used for NOC?
NOC 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. NOC passed 4 of these 4 screens.
Does NOC require income purification?
NOC 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 NOC last screened?
NOC 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 NOC (Northrop Grumman 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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