Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is GE Aerospace (General Electric Company) (GE) Halal?

FAIL

GE Aerospace (General Electric Company) · NYSE: GE · Industrials

The short answer

No — GE Aerospace (GE) fails this Shariah stock screen at the business-activity gate. GE is the NYSE ticker retained by GE Aerospace after the General Electric split (GE HealthCare spun off January 2023, GE Vernova April 2024; they trade separately). Its Defense & Propulsion Technologies segment, about 27% of revenue, manufactures military aircraft engines (F110, F404, T700) and defense propulsion systems — factual weapons/defense involvement, and weapons is on this screener's haram list. The financial ratios pass comfortably: debt of $19,162M is about 5.91% of its ~$324.1B market cap ($312.39, October 1, 2026), below the ~33% ceiling, and interest/investment income is 0.31–2.06% of FY2025 revenue ($45,855M), below the 5% ceiling. GE is an engines supplier rather than a weapons assembler, and scholars differ on defense suppliers — this is a factual screen, not a religious ruling; consult a qualified scholar for personal rulings.

Gate 1 — Business activity: FAIL

GE (NYSE: GE) is the ticker retained by GE Aerospace after the General Electric split — GE HealthCare (GEHC) spun off in January 2023 and GE Vernova (GEV) in April 2024. GE Aerospace, headquartered in Evendale, Ohio, designs, manufactures and services commercial and military aircraft engines (installed base ~44,000 commercial + ~26,000 military engines), including the CFM LEAP engines (joint venture with Safran), GE9X, GEnx and military engines such as the F110, F404 and T700. It reports two segments: Commercial Engines & Services (~72–73% of revenue) and Defense & Propulsion Technologies (~27% of revenue — Q2 2026: $3,443M of $12,634M adjusted revenue = 27.3%; H1 2026: $6,657M of $24,248M = 27.5%). Business-screen implication (factual): the Defense segment manufactures military jet engines and defense propulsion systems — weapons/defense is on this screener's haram list, and ~27% is far above any 5% tolerance. GE is an engines supplier, not a weapons assembler; scholars differ on defense suppliers. Gate 1 fails. Facts only.

Gate 2 — Debt and cash: PASS

Per GE's Q2 2026 10-Q (filed July 16, 2026; SEC CIK 40545), total debt was $19,162M — DebtCurrent $2,000M + long-term debt and capital leases $17,157M + short-term borrowings $5M. Against a market cap of about $324.1B (1,037,562,513 shares × $312.39, October 1, 2026), debt ÷ market cap is about 5.91% — below the ~33% ceiling. Cash, cash equivalents and restricted cash of $9,345M is about 2.88% of market cap. The debt gate passes; the screen fails at Gate 1. Facts only.

Gate 3 — Non-compliant income: PASS

GE's FY2025 10-K (filed January 29, 2026) reports interest investment income of $144M and total investment income of $946M, against FY2025 revenue of $45,855M — about 0.31% (interest only) or 2.06% (total investment income) of revenue, both below the 5% non-compliant income ceiling. GE also holds about $37.9B in long-term investments — AFS debt securities backing legacy GE Capital run-off long-term-care insurance liabilities, not a finance business. The income gate passes; the screen fails at Gate 1 on the defense segment. Facts only.

Key figures used

Frequently asked questions

What does GE do?

GE (NYSE: GE) is the ticker retained by GE Aerospace after the General Electric split — GE HealthCare (GEHC) was spun off in January 2023 and GE Vernova (GEV) in April 2024. GE Aerospace, headquartered in Evendale, Ohio, designs, manufactures and services commercial and military aircraft engines, with an installed base of about 44,000 commercial and 26,000 military engines — including the CFM LEAP engines (joint venture with Safran), GE9X, GEnx and military engines such as the F110, F404 and T700. It reports two segments: Commercial Engines & Services (~72–73% of revenue) and Defense & Propulsion Technologies (~27% of revenue).

Why does GE fail this Shariah stock screen?

GE fails this screen at the first gate — the business-activity gate. Its Defense & Propulsion Technologies segment, about 27% of revenue, manufactures military aircraft engines (F110, F404, T700) and defense propulsion systems: factual defense/weapons involvement, and weapons is on this screener's haram list — far above any 5% tolerance. The numbers pass comfortably (debt 5.91% of market cap; interest/investment income 0.31–2.06% of revenue), so this is a business-screen failure, not a numbers failure. Note: GE is an engines supplier (manufacturer of propulsion for military aircraft), not an assembler of weapons systems; scholars differ on defense suppliers, and this is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

What is GE's interest-bearing debt ratio?

Per GE's Q2 2026 10-Q (filed July 16, 2026; SEC CIK 40545), total debt was $19,162M — DebtCurrent $2,000M + long-term debt and capital leases $17,157M + short-term borrowings $5M. Against a market cap of about $324.1B (1,037,562,513 shares × $312.39, October 1, 2026), debt ÷ market cap is about 5.91% — below the ~33% ceiling. Cash, cash equivalents and restricted cash of $9,345M is about 2.88% of market cap. The debt gate passes; the screen fails at Gate 1.

What is GE's non-compliant income ratio?

GE's FY2025 10-K (filed January 29, 2026) reports interest investment income of $144M and total investment income of $946M, against FY2025 revenue of $45,855M — about 0.31% (interest only) or 2.06% (total investment income) of revenue, both below the 5% non-compliant income ceiling. GE also holds about $37.9B in long-term investments — AFS debt securities backing legacy GE Capital run-off long-term-care insurance liabilities, not a finance business. The income gate passes; the screen fails at Gate 1 on the defense segment.

Do Zoya, Musaffa, or ShariaPortfolio cover GE?

Zoya's public GE page renders contradictory auto-generated template text (simultaneously calling GE "not Shariah-compliant … considered halal" and "not considered halal"), so no clean Zoya rating is retrievable without the app — honestly reported as inconclusive. Musaffa covers GE HealthCare (Halal, June 2024 academy list) but no GE Aerospace page surfaced in search. ShariaPortfolio: no GE entry found. All honestly reported as absent/inconclusive, not invented. This page applies the screen directly from GE's own filings.

Sources

Screened 2026-10-01 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).