NYSE Shariah screener · October 2026

Is GE Vernova Inc. (GEV) Halal?

Q: Why does GE Vernova pass this Shariah stock screen?

GE Vernova passes all three gates of this screen. Its business is energy equipment — power generation, wind and electrification — with no prohibited lines (no alcohol, gambling, pork, conventional banking/insurance, tobacco, weapons or adult entertainment). Nuclear Power is power-generation equipment, not weapons — an independent AAOIFI-style screener treats this the same way. Total debt under $100M is below 0.04% of its ~$253.0B market cap, below the ~33% ceiling. Interest and other financial income of $186M is about 0.49% of FY2025 revenue ($38,068M), below the 5% non-compliant income ceiling. Zoya rates GEV Shariah-compliant. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

Q: What is GE Vernova's interest-bearing debt ratio?

Per GE Vernova's FY2025 10-K (year ended December 31, 2025, filed January 29, 2026), MD&A states: "Total debt, excluding finance leases, was less than $0.1 billion" at December 31, 2025. Against a market cap of about $253.0B ($987.45, October 1, 2026), debt ÷ market cap is under 0.04% — below the ~33% ceiling. ($3B revolving credit and $3B trade finance facilities exist but are undrawn.) Cash, cash equivalents and restricted cash of $8,848M plus investment securities of $466M total $9,314M, about 3.68% of market cap. Interest expense is effectively $0.

Q: What is GE Vernova's non-compliant income ratio?

GE Vernova's FY2025 10-K income statement reports "Interest and other financial income (charges) – net" of $186M against total revenues of $38,068M — about 0.49% of revenue, below the 5% non-compliant income ceiling. Zoya's page publishes identical figures ($38,068,000,000 revenue; $186,000,000 interest income = 0.49%).

Q: Do Zoya, Musaffa, or ShariaPortfolio cover GE Vernova?

Zoya covers GEV: "As of September 2026, GEV is Shariah-compliant and therefore considered halal to invest in" under AAOIFI guidelines (the usual auto-template caveat applies), and its published numbers corroborate the 10-K exactly. Musaffa: no GEV-specific rating found in public web search. ShariaPortfolio: no GEV public rating — both honestly reported as absent, not invented. (An independent screener, halal.sh, also rates GEV halal on an AAOIFI-style screen.) This page applies the screen directly from GE Vernova's own filings.

PASS

GE Vernova Inc. · NYSE: GEV · Industrials

The short answer

Yes — GE Vernova Inc. (GEV) passes this Shariah stock screen. The Cambridge-based pure-play energy equipment company (spun off from General Electric in April 2024; trades separately from GE Aerospace and GE HealthCare) reports three segments — Power (gas, nuclear, hydro, steam, including BWRX-300 small modular reactors), Wind and Electrification — with no disclosed prohibited business lines (nuclear here is power generation, not weapons). Its debt is under $100M, below 0.04% of its ~$253.0B market cap ($987.45, October 1, 2026), below the ~33% ceiling. Interest and other financial income of $186M is about 0.49% of FY2025 revenue ($38,068M), below the 5% non-compliant income ceiling. Zoya rates GEV Shariah-compliant; no Musaffa or ShariaPortfolio rating was found — honestly reported as absent, not invented.

Gate 1 — Business activity: PASS

GE Vernova Inc. (NYSE: GEV), headquartered in Cambridge, Massachusetts, is a pure-play energy equipment company spun off from General Electric in April 2024 — trading separately from GE Aerospace (GE) and GE HealthCare (GEHC). Per its FY2025 10-K (Note 24) it manages three reportable segments: Power (Gas Power, Nuclear Power, Hydro Power, Steam Power — heavy-duty gas turbines, aeroderivative units, nuclear steam plants including BWRX-300 small modular reactors, hydro, steam), Wind (onshore and offshore turbines; offshore projects being wound down), and Electrification (grid solutions, power conversion, electrification software, solar and storage). FY2025 revenue: $38,068M (equipment $20,934M + services $17,134M); ~75,000 employees; remaining performance obligations $150.2B. Haram flags: none. No alcohol, pork, gambling, tobacco, adult entertainment, conventional insurance/finance, or weapons businesses. Nuclear Power is power-generation equipment (the product is electricity, not weapons). Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per GE Vernova's FY2025 10-K (year ended December 31, 2025, filed January 29, 2026), MD&A states: "Total debt, excluding finance leases, was less than $0.1 billion" at December 31, 2025. Against a market cap of about $253.0B ($987.45, October 1, 2026), debt ÷ market cap is under 0.04% — below the ~33% ceiling. ($3B revolving credit and $3B trade finance facilities exist but are undrawn.) Cash, cash equivalents and restricted cash of $8,848M plus investment securities of $466M total $9,314M, about 3.68% of market cap. Interest expense is effectively $0. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

GE Vernova's FY2025 10-K income statement reports "Interest and other financial income (charges) – net" of $186M against total revenues of $38,068M — about 0.49% of revenue, below the 5% non-compliant income ceiling. Zoya's page publishes identical figures ($38,068,000,000 revenue; $186,000,000 interest income = 0.49%), corroborating the 10-K. Gate 3 passes. Facts only.

Key figures used

Business: pure-play energy equipment — Power (gas/nuclear/hydro/steam, incl. BWRX-300 SMRs), Wind, Electrification; spun off from GE Apr 2024 (trades separately from GE Aerospace GE and GE HealthCare GEHC); Cambridge, MA
Debt: less than $100M excl. finance leases (FY2025 10-K MD&A) — debt ÷ market cap < 0.04% of ~$253.0B ($987.45, Oct 1, 2026), under the ~33% ceiling (upper bound)
Cash: $9,314M (cash, cash equivalents & restricted cash $8,848M + investment securities $466M) ≈ 3.68% of market cap
Interest/financial income: $186M vs FY2025 revenue $38,068M — ≈0.49% of revenue, under the 5% ceiling (matches Zoya's published figures exactly)
Interest expense effectively $0; RPO $150.2B
Zoya: Shariah-compliant (Sep 2026); Musaffa: no rating found; ShariaPortfolio: no rating found (halal.sh: halal)

Frequently asked questions

What does GE Vernova do?

GE Vernova Inc. (NYSE: GEV), headquartered in Cambridge, Massachusetts, is a pure-play energy equipment company spun off from General Electric in April 2024 — trading separately from GE Aerospace (GE) and GE HealthCare (GEHC). Per its FY2025 10-K (Note 24) it manages three reportable segments: Power (Gas Power, Nuclear Power, Hydro Power, Steam Power — heavy-duty gas turbines, aeroderivative units, nuclear steam plants including BWRX-300 small modular reactors, hydro, steam), Wind (onshore and offshore turbines; offshore projects being wound down), and Electrification (grid solutions, power conversion, electrification software, solar and storage). FY2025 revenue was $38,068M (equipment $20,934M + services $17,134M); remaining performance obligations $150.2B.

Why does GE Vernova pass this Shariah stock screen?

GE Vernova passes all three gates of this screen. Its business is energy equipment — power generation, wind and electrification — with no prohibited lines (no alcohol, gambling, pork, conventional banking/insurance, tobacco, weapons or adult entertainment). Nuclear Power is power-generation equipment, not weapons — an independent AAOIFI-style screener treats this the same way. Total debt under $100M is below 0.04% of its ~$253.0B market cap, below the ~33% ceiling. Interest and other financial income of $186M is about 0.49% of FY2025 revenue ($38,068M), below the 5% non-compliant income ceiling. Zoya rates GEV Shariah-compliant. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

What is GE Vernova's interest-bearing debt ratio?

Per GE Vernova's FY2025 10-K (year ended December 31, 2025, filed January 29, 2026), MD&A states: "Total debt, excluding finance leases, was less than $0.1 billion" at December 31, 2025. Against a market cap of about $253.0B ($987.45, October 1, 2026), debt ÷ market cap is under 0.04% — below the ~33% ceiling. ($3B revolving credit and $3B trade finance facilities exist but are undrawn.) Cash, cash equivalents and restricted cash of $8,848M plus investment securities of $466M total $9,314M, about 3.68% of market cap. Interest expense is effectively $0.

What is GE Vernova's non-compliant income ratio?

GE Vernova's FY2025 10-K income statement reports "Interest and other financial income (charges) – net" of $186M against total revenues of $38,068M — about 0.49% of revenue, below the 5% non-compliant income ceiling. Zoya's page publishes identical figures ($38,068,000,000 revenue; $186,000,000 interest income = 0.49%).

Do Zoya, Musaffa, or ShariaPortfolio cover GE Vernova?

Zoya covers GEV: "As of September 2026, GEV is Shariah-compliant and therefore considered halal to invest in" under AAOIFI guidelines (the usual auto-template caveat applies), and its published numbers corroborate the 10-K exactly. Musaffa: no GEV-specific rating found in public web search. ShariaPortfolio: no GEV public rating — both honestly reported as absent, not invented. (An independent screener, halal.sh, also rates GEV halal on an AAOIFI-style screen.) This page applies the screen directly from GE Vernova'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).