NYSE Shariah screener · October 2026
Is General Dynamics Corporation (GD) Halal?
General Dynamics Corporation · NYSE: GD · Industrials
The short answer
No - General Dynamics Corporation (GD) fails this Shariah stock screen at Gate 1. GD, headquartered in Reston, Virginia, is one of the world's largest defense contractors with four segments: Aerospace (Gulfstream business jets, $13,110M FY2025 revenue), Marine Systems ($16,723M - Virginia-class and Columbia-class nuclear submarines, DDG-51 destroyers), Combat Systems ($9,246M - M1 Abrams tanks, Stryker vehicles, munitions), and Technologies ($13,471M - government IT and defense electronics). Combat Systems and Marine Systems manufacture weapons - about $25,969M, roughly 49.4% of FY2025 revenue ($52,550M) - and weapons manufacturing is a haram business segment under standard Shariah screens, so Gate 1 fails. Financially the company is light on debt: total interest-bearing debt of $7,516M (Q2 FY2026) is about 8.30% of its ~$90.55B market cap ($332.72/share, October 1, 2026), below the ~33% ceiling, so Gate 2 passes; interest income is not separately disclosed but bounded at about 0.12% of revenue (the full $61M 'Other, net' line), below the 5% ceiling, so Gate 3 passes. Overall result: FAIL at Gate 1. This is a factual screen, not a religious ruling - consult a qualified scholar for personal rulings.
Gate 1 — Business activity: FAIL
General Dynamics Corporation (NYSE: GD), headquartered in Reston, Virginia, is one of the world's largest defense contractors (incorporated in Delaware; Commission File No. 1-3671). Per its FY2025 Form 10-K, it operates four business segments: Aerospace ($13,110M revenue - Gulfstream business jets and Jet Aviation services, civilian), Marine Systems ($16,723M - nuclear-powered submarines including the Virginia-class and Columbia-class, plus DDG-51 destroyers and other naval vessels), Combat Systems ($9,246M - M1 Abrams main battle tanks, Stryker wheeled combat vehicles, munitions and ordnance, European land systems), and Technologies ($13,471M - GDIT government IT services and Mission Systems defense electronics/C4ISR). Business-screen implication (factual): Combat Systems ($9,246M, 17.6% of revenue) and Marine Systems ($16,723M, 31.8% of revenue) manufacture weapons - tanks, munitions, and warships - totaling about $25,969M, roughly 49.4% of FY2025 revenue ($52,550M). Weapons manufacturing is a haram business segment under standard Shariah screens (far above any de minimis tolerance), so Gate 1 fails. Facts only.
Gate 2 — Debt and cash: PASS
Per General Dynamics' Q2 FY2026 Form 10-Q balance sheet (period ended July 5, 2026; Commission File No. 1-3671), total interest-bearing debt was $7,516M - short-term debt and current portion of long-term debt $1,256M + long-term debt $6,260M. Against a market cap of about $90.55B ($332.72/share, October 1, 2026, per Finnhub), debt / market cap is about 8.30% - below the ~33% ceiling. Cash and equivalents of $4,333M are about 4.78% of market cap. Gate 2 passes. Facts only.
Gate 3 — Non-compliant income: PASS
General Dynamics' FY2025 Form 10-K (fiscal year ended December 31, 2025; Commission File No. 1-3671) does not disclose interest income as a separate line: the consolidated statement of earnings reports 'Interest, net' of $(314)M and 'Other, net' of $61M. Taking a conservative upper bound - treating the entire $61M 'Other, net' income as interest income - against FY2025 revenue of $52,550M gives about 0.12% of revenue, below the 5% non-compliant income ceiling. Actual interest income is a smaller portion of that $61M (which bundles FX and other items), so the true ratio is even lower. Gate 3 passes. Facts only.
Key figures used
- Business: one of the world's largest defense contractors, HQ Reston, Virginia - FY2025 revenue $52,550M across four segments: Aerospace ($13,110M, Gulfstream business jets - civilian), Marine Systems ($16,723M), Combat Systems ($9,246M), Technologies ($13,471M, GDIT IT services and Mission Systems defense electronics)
- Weapons segments: Combat Systems makes M1 Abrams main battle tanks, Stryker wheeled combat vehicles, and munitions/ordnance; Marine Systems builds Virginia-class and Columbia-class nuclear submarines and DDG-51 destroyers - together $25,969M, about 49.4% of FY2025 revenue
- Gate 1 FAILS: weapons manufacturing is a haram business segment under standard Shariah screens, far above any de minimis tolerance (49.4% vs ~5% threshold)
- Debt: $7,516M (short-term and current portion $1,256M + long-term debt $6,260M, Q2 FY2026 10-Q, period ended Jul 5, 2026) - debt / market cap approx 8.30% of ~$90.55B ($332.72/share, Oct 1, 2026, Finnhub) - UNDER the ~33% ceiling, so Gate 2 PASSES
- Cash: $4,333M cash and equivalents approx 4.78% of market cap; 2026-10-01 price $332.72 (Finnhub, live quote); still listed on NYSE, no delisting
- Interest income: NOT separately disclosed in the FY2025 10-K ('Interest, net' $(314)M; 'Other, net' $61M); conservative upper bound treating all $61M as interest income vs revenue $52,550M = approx 0.12%, under the 5% ceiling (Gate 3 PASSES) - actual interest income is lower
Frequently asked questions
What does General Dynamics do?
General Dynamics Corporation (NYSE: GD), headquartered in Reston, Virginia, is one of the world's largest defense contractors (incorporated in Delaware; Commission File No. 1-3671; FY2025 revenue $52,550M). Per its FY2025 Form 10-K it has four segments: Aerospace ($13,110M - Gulfstream business jets and Jet Aviation services), Marine Systems ($16,723M - nuclear-powered submarines including the Virginia-class and Columbia-class, DDG-51 destroyers, and other naval vessels), Combat Systems ($9,246M - M1 Abrams main battle tanks, Stryker wheeled combat vehicles, munitions and ordnance, European land systems), and Technologies ($13,471M - GDIT government IT services and Mission Systems defense electronics/C4ISR). FY2025 net earnings were $4,210M ($15.45 diluted EPS).
Why does General Dynamics fail this Shariah stock screen?
General Dynamics fails this Shariah stock screen at Gate 1 (business activity). Its Combat Systems segment ($9,246M FY2025 revenue - M1 Abrams tanks, Stryker vehicles, munitions) and Marine Systems segment ($16,723M - nuclear submarines, destroyers) manufacture weapons, totaling about $25,969M, roughly 49.4% of FY2025 revenue ($52,550M). Weapons manufacturing is a haram business segment under standard Shariah screens, far above any de minimis tolerance. Gate 2 (debt): $7,516M is about 8.30% of its ~$90.55B market cap - below the ~33% ceiling, so Gate 2 passes. Gate 3 (non-compliant income): interest income is not separately disclosed, but a conservative upper bound (the full $61M 'Other, net' line) is about 0.12% of revenue - below the 5% ceiling, so Gate 3 passes. Result: FAIL at Gate 1. This is a factual screen, not a religious ruling - consult a qualified scholar for personal rulings.
What is General Dynamics' interest-bearing debt ratio?
Per General Dynamics' Q2 FY2026 Form 10-Q balance sheet (period ended July 5, 2026; Commission File No. 1-3671), total interest-bearing debt was $7,516M - short-term debt and current portion of long-term debt $1,256M + long-term debt $6,260M (down from $8,013M at Dec 31, 2025). Against a market cap of about $90.55B ($332.72/share, October 1, 2026, per Finnhub), debt / market cap is about 8.30% - below the ~33% ceiling, so Gate 2 passes. Cash and equivalents of $4,333M are about 4.78% of market cap. Facts only.
What is General Dynamics' non-compliant income ratio?
General Dynamics' FY2025 Form 10-K (fiscal year ended December 31, 2025; Commission File No. 1-3671) does not disclose interest income as a separate line item: the consolidated statement of earnings reports 'Interest, net' of $(314)M and 'Other, net' of $61M. Using a conservative upper bound - treating the entire $61M 'Other, net' income as interest income - against FY2025 revenue of $52,550M gives about 0.12% of revenue, below the 5% non-compliant income ceiling, so Gate 3 passes. Actual interest income is a smaller portion of that $61M bundle, so the true ratio is lower. Facts only.
Do Zoya, Musaffa, or ShariaPortfolio cover General Dynamics?
No GD pages surfaced in search: Zoya - no General Dynamics page found; Musaffa - no GD page found; ShariaPortfolio - no GD entry found. All honestly reported as absent, not invented. This page applies the screen directly from General Dynamics' own SEC filings.
Sources
- General Dynamics - FY2025 Form 10-K (fiscal year ended Dec 31, 2025; File No. 1-3671; cover: Common Stock GD New York Stock Exchange): revenue $52,550M; segment revenue (Aerospace $13,110M, Marine Systems $16,723M, Combat Systems $9,246M, Technologies $13,471M); 'Interest, net' $(314)M; 'Other, net' $61M; net earnings $4,210M
- General Dynamics - Q2 FY2026 earnings release (period ended Jul 5, 2026): balance sheet - short-term debt and current portion of LT debt $1,256M; long-term debt $6,260M; cash and equivalents $4,333M
- General Dynamics - Q4/FY2025 earnings press release (Jan 28, 2026): segment revenue and operating earnings exhibit (FY2025 Aerospace $13,110M, Marine Systems $16,723M, Combat Systems $9,246M, Technologies $13,471M)
- Finnhub - GD live quote data (XNYS, price $332.72, market cap $90.55B, October 1, 2026)
- General Dynamics - FY2025 10-K annual report mirror (segment business descriptions: Abrams, Stryker, submarines, Gulfstream)
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).