
Is NOC (Northrop Grumman Corporation) Halal or Haram?
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)
NOC — Last 7 Days
| Date | Open | High | Low | Close | Volume | Change |
|---|---|---|---|---|---|---|
| 2026-05-01 | 578.75 | 580.86 | 568.09 | 568.14 | 642K | -1.83% |
| 2026-04-30 | 574.14 | 580.74 | 573.25 | 579.48 | 650K | +0.93% |
| 2026-04-29 | 578.00 | 582.13 | 567.33 | 572.41 | 684K | -0.97% |
| 2026-04-28 | 581.96 | 582.99 | 570.66 | 577.82 | 586K | -0.71% |
| 2026-04-27 | 577.00 | 588.26 | 569.56 | 575.28 | 932K | -0.30% |
| 2026-04-24 | 582.32 | 582.78 | 569.00 | 575.11 | 1.0M | -1.24% |
| 2026-04-23 | 592.57 | 596.50 | 583.23 | 587.66 | 1.4M | -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%
Interest Income
0.00%
Cash & Securities
5.42%
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
Website
www.northropgrumman.comNOC 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
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?▾
What does Northrop Grumman Corporation do?▾
What screening criteria were used for NOC?▾
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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.