Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is Fortive Corporation (FTV) Halal?

PASS

Fortive Corporation · NYSE: FTV · Industrials

The short answer

Yes -- Fortive Corporation (FTV) passes this Shariah stock screen. Per its own FY2025 10-K, Fortive is an industrial technology company (Everett, Washington) with two continuing segments: Intelligent Operating Solutions (test instruments, asset and facility software, connected worker safety and compliance) and Advanced Healthcare Solutions (sterilization solutions, instrument tracking, biomedical test tools, radiation detection, clinical productivity software) -- none of the non-compliant business activities (conventional lending/insurance, alcohol, gambling, pork, tobacco, weapons), and the defense-exposed Precision Technologies segment was spun off to Ralliant Corporation in June 2025. Its debt screen passes: $3,206.0M of long-term debt (including the $899.5M current portion) is about 18.65% of its ~$17.19B market cap ($55.84, latest Finnhub quote retrieved October 2, 2026), below the ~33% ceiling. Its income screen passes: the 10-K discloses no interest income line -- only interest expense, net of $120.5M -- and Zoya's data shows $0 interest income (0% of revenue), i.e. 0.00% of $4,159.1M in FY2025 total sales, below the 5% ceiling. Third-party positions are consistent: Zoya labels FTV Shariah-compliant and Musaffa classifies it halal (October 2026); ShariaPortfolio has no FTV coverage.

Gate 1 — Business activity: PASS

Fortive Corporation (NYSE: FTV), headquartered in Everett, Washington, describes itself in its FY2025 10-K as an industrial technology company that "innovates essential technologies to keep our world safe and productive." It reports two continuing segments: Intelligent Operating Solutions (advanced instrumentation, software and services for mission-critical workflows; brands include Fluke, ServiceChannel, Gordian, Accruent, Industrial Scientific and Intelex) and Advanced Healthcare Solutions (instrument sterilization, instrument tracking, biomedical test tools, radiation detection and safety monitoring, clinical productivity software; brands include ASP, Censis, Fluke Biomedical, LANDAUER and Provation). On June 28, 2025, it spun off its Precision Technologies segment -- the business with aerospace and defense subsystems -- as the independent public company Ralliant Corporation (NYSE: RAL). Business screen (factual, from the filing): Fortive's continuing businesses are industrial instruments, software, and healthcare technologies -- none of the non-compliant activities (conventional lending/insurance, alcohol, gambling, pork, tobacco, weapons). Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per Fortive's FY2025 10-K (fiscal year ended December 31, 2025), interest-bearing debt was $3,206.0M carrying value -- the $899.5M current portion of long-term debt plus $2,306.5M of long-term debt, net of current maturities (principal amount $3,213.5M per Note 5; commercial paper is classified within long-term debt; no separate short-term borrowings). Against a market cap of about $17.19B ($55.84 latest Finnhub quote retrieved October 2, 2026; 307,859,190 shares outstanding per the 10-K cover, as of February 20, 2026), debt divided by market cap is about 18.65% -- comfortably below the ~33% ceiling. Cash and equivalents of $375.5M are about 2.18% of market cap. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

Fortive's FY2025 10-K income statement reports interest expense, net of $120.5M (an expense, not income) -- no interest income line is disclosed anywhere in the filing. Zoya's FTV data likewise reports $0 interest income for the fiscal year ended December 31, 2025, i.e. 0% of revenue. Against $4,159.1M of FY2025 total sales (continuing operations), the non-compliant income ratio is 0.00% -- well below the 5% ceiling. Gate 3 passes. Facts only.

Key figures used

Frequently asked questions

What does Fortive do?

Fortive Corporation (NYSE: FTV), headquartered in Everett, Washington, describes itself in its FY2025 10-K as an industrial technology company that innovates essential technologies to keep our world safe and productive. It reports two continuing segments: Intelligent Operating Solutions -- advanced instrumentation, software and services for mission-critical workflows (brands include Fluke, ServiceChannel, Gordian, Accruent, Industrial Scientific and Intelex), serving manufacturing, process industries, healthcare, utilities and power, communications and electronics; and Advanced Healthcare Solutions -- instrument sterilization solutions, instrument tracking, biomedical test tools, radiation detection and safety monitoring, and clinical productivity software (brands include ASP, Censis, Fluke Biomedical, LANDAUER and Provation). It has more than 10,000 employees in approximately 50 countries. On June 28, 2025 it spun off its Precision Technologies segment -- the business with aerospace and defense subsystems -- as the independent public company Ralliant Corporation (NYSE: RAL).

Why does Fortive pass this Shariah stock screen?

Fortive passes all three gates. Gate 1 (business activity): per its FY2025 10-K, Fortive's continuing businesses are industrial test instruments, asset and facility software, workplace safety solutions, and healthcare workflow technologies -- none of the non-compliant activities (conventional lending/insurance, alcohol, gambling, pork, tobacco, weapons). The defense-exposed Precision Technologies business was spun off to Ralliant in June 2025. Gate 2 (debt): $3,206.0M of long-term debt (including the $899.5M current portion) is 18.65% of its ~$17.19B market cap, below the ~33% ceiling. Gate 3 (non-compliant income): the 10-K discloses no interest income line -- only interest expense, net of $120.5M -- and Zoya's data shows $0 interest income (0% of revenue); against $4,159.1M of FY2025 total sales that is 0.00%, below the 5% ceiling. This is a factual screen, not a religious ruling -- consult a qualified scholar for personal rulings.

What is Fortive's interest-bearing debt ratio?

Per Fortive's FY2025 10-K (fiscal year ended December 31, 2025), interest-bearing debt was $3,206.0M carrying value -- the $899.5M current portion of long-term debt plus $2,306.5M of long-term debt, net of current maturities (principal amount $3,213.5M per Note 5; commercial paper is classified within long-term debt). There are no separate short-term borrowings. Against a market cap of about $17.19B ($55.84 latest Finnhub quote retrieved October 2, 2026; 307,859,190 shares outstanding per the 10-K cover, as of February 20, 2026), debt divided by market cap is about 18.65% -- comfortably below the ~33% ceiling. Cash and equivalents of $375.5M are about 2.18% of market cap.

What is Fortive's non-compliant income ratio?

Fortive's FY2025 10-K does not disclose an interest income line anywhere in the filing -- the income statement reports only interest expense, net of $120.5M (an expense, not income). Zoya's FTV data likewise reports $0 interest income for the fiscal year ended December 31, 2025, i.e. 0% of revenue. Against FY2025 total sales of $4,159.1M from continuing operations, the non-compliant income ratio is 0.00% -- well below the 5% ceiling. Gate 3 passes.

Do Zoya, Musaffa, or ShariaPortfolio cover Fortive?

Zoya covers FTV and labels it Shariah-compliant (the page's displayed assessment date was blank when accessed in October 2026) -- it reports $0 interest income against FY2025 revenue. Musaffa covers FTV and classifies it as halal as of October 2026 under its AAOIFI methodology. ShariaPortfolio has no FTV stock screener page -- no coverage found. These positions are consistent with this page's own PASS outcome. This page applies the screen directly from Fortive's own filings and reports these positions honestly.

Sources

Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).