NYSE Shariah screener · October 2026
Is Johnson Controls International plc (JCI) Halal?
Johnson Controls International plc · NYSE: JCI · Industrials
The short answer
Yes - Johnson Controls International plc (JCI) passes this Shariah stock screen at all three gates. Johnson Controls, the Cork-based building-solutions company, earns its revenue from commercial HVAC equipment, building controls and automation, fire and security systems, and energy efficiency services (FY2025 net sales $23,596M) - none of which involve alcohol, tobacco, gambling, weapons, adult entertainment, pork, or conventional finance as a core activity. The financial ratios pass: total debt of $9,880M is about 10.88% of its ~$90.82B market cap ($151.77/share, October 2026), below the ~33% ceiling, and interest income of $19M is about 0.08% of revenue, below the 5% ceiling. Musaffa independently rates Johnson Controls halal. This is a factual screen, not a religious ruling - consult a qualified scholar for personal rulings.
Gate 1 — Business activity: PASS
Johnson Controls International plc (NYSE: JCI), headquartered in Cork, Ireland (CEO Joakim Weidemanis; ~87,000 employees; CIK 0000833444), is a pure-play building-solutions provider. On August 1, 2025, it completed the sale of its Residential and Light Commercial (R&LC) HVAC business to the Bosch Group (an $8.1B all-cash transaction; JCI's portion ~$6.7B; net cash proceeds ~$5.0B), including the North America ducted business and the global residential joint venture with Hitachi - positioning the company, in CEO Weidemanis's words, 'as a leading pure-play provider of innovative building solutions.' Current business: intelligent buildings - commercial HVAC equipment, building controls and automation, fire and security systems, energy efficiency and decarbonization services, plus service/maintenance. Roots to 1885 (inventor Warren S. Johnson's electric room thermostat). Business-screen implication (factual): building technologies only - no alcohol, tobacco, gambling, pork, weapons/defense manufacturing, adult entertainment, or conventional finance as a core activity. Gate 1 passes. Facts only.
Gate 2 — Debt and cash: PASS
Per Johnson Controls' Form 10-K for the fiscal year ended September 30, 2025 (filed early November 2025; $ millions; from the filed 10-K balance sheet reproduced in the Q4/FY25 earnings release and the FT tear-sheet - cross-verified: Morningstar, stockwatch, FT all consistent), total debt at September 30, 2025 was: short-term debt $723M + current portion of long-term debt $566M + long-term debt $8,591M = $9,880M (FT confirms 'Total debt 9,880'). Against a market cap of about $90.82B ($151.77 per share, Finnhub, October 2026; sanity check: 611M shares outstanding at Sep 30, 2025 x $151.77 = about $92.7B - within ~2%), debt / market cap is about 10.88% - below the ~33% ceiling. Cash and cash equivalents of $379M is about 0.42% of market cap. Total liabilities were $25,012M; shareholders' equity $12,927M (debt-to-equity rose from 0.5x to 0.7x in FY2025). Gate 2 passes. Facts only.
Gate 3 — Non-compliant income: PASS
Per Johnson Controls' Form 10-K for the fiscal year ended September 30, 2025 (filed early November 2025; $ millions), interest income was $19M (Zoya's data fields; FY2025) against net sales of $23,596M = about 0.08% of revenue - below the 5% non-compliant income ceiling. Zoya's data fields independently report FY2025 revenue of $23,596,000,000 and interest income of $19,000,000 - matching the 10-K figures exactly. Net income was $3,291M. Gate 3 passes. Facts only.
Key figures used
- Business: pure-play building-solutions provider (HQ Cork, Ireland; est. 1885) - commercial HVAC equipment, building controls and automation, fire and security systems, energy efficiency and decarbonization services, plus service/maintenance; CEO Joakim Weidemanis; ~87,000 employees
- FY2025 (10-K, fiscal year ended Sep 30, 2025; filed early Nov 2025; $ millions; cross-verified: Morningstar, stockwatch, FT): net sales $23,596M; interest income $19M; net income $3,291M; net margin 13.9% (from 7.4%); free-cash-flow margin 9.0% (from 4.7%)
- Debt: $9,880M total (short-term $723M + current $566M + long-term $8,591M, Sep 30, 2025) - about 10.88% of ~$90.82B market cap ($151.77, Oct 2026), below the ~33% ceiling
- Interest income: $19M - about 0.08% of $23,596M net sales, below the 5% ceiling (Zoya independently reports the same figures)
- No haram segments: building technologies only - no alcohol, tobacco, gambling, pork, weapons/defense manufacturing, adult entertainment, or conventional finance
- Third-party screeners: Musaffa rates 'halal' (Aug 2026); Zoya covers (garbled page - data fields only, no rating quoted); ShariaPortfolio - no coverage found
- Material: Bosch R&LC HVAC sale completed Aug 1, 2025 ($8.1B transaction; net proceeds ~$5.0B) - JCI now pure-play building solutions; $5.0B accelerated share repurchase (within $9.8B total authorization); debt-to-equity 0.5x to 0.7x in FY2025; Q3 FY2026 (Jul 30, 2026): EPS $1.42 vs $1.30 consensus, revenue $6.61B (+9.3% YoY); next earnings Nov 4, 2026; dividend $1.60 annual (~1.11% yield); Wells Fargo raised to Strong-Buy (Sep 2026)
- Listing: NYSE-listed common stock (ticker JCI); live quote $151.77 Oct 2, 2026 - no delisting
Frequently asked questions
What does Johnson Controls do?
Johnson Controls International plc (NYSE: JCI), headquartered at One Albert Quay, Cork, Ireland (CEO Joakim Weidemanis; ~87,000 employees; CIK 0000833444), is a pure-play building-solutions provider. On August 1, 2025, it completed the sale of its Residential and Light Commercial (R&LC) HVAC business to the Bosch Group (an $8.1B all-cash transaction; JCI's portion of the consideration ~$6.7B; net cash proceeds ~$5.0B), including the North America ducted business and the global residential joint venture with Hitachi - positioning the company, in CEO Weidemanis's words, 'as a leading pure-play provider of innovative building solutions.' Current business: intelligent buildings - commercial HVAC equipment, building controls and automation, fire and security systems, energy efficiency and decarbonization services, plus service/maintenance. Roots to 1885 (inventor Warren S. Johnson's electric room thermostat). Its common stock trades on the New York Stock Exchange (ticker JCI). FY2025 net sales were $23,596M.
Why does Johnson Controls pass this Shariah stock screen?
Johnson Controls passes all three gates of this Shariah stock screen. Gate 1 (business activity): pure-play building technologies (commercial HVAC, building controls and automation, fire and security, energy efficiency and decarbonization services) - no alcohol, tobacco, gambling, pork, weapons/defense manufacturing, adult entertainment, or conventional finance as a core activity - a clean business (the August 2025 Bosch sale completed the shift away from residential HVAC). Gate 2 (debt): total debt of $9,880M is about 10.88% of its ~$90.82B market cap (October 2026), below the ~33% ceiling. Gate 3 (non-compliant income): interest income of $19M is about 0.08% of FY2025 revenues ($23,596M), below the 5% ceiling. Result: PASS. This is a factual screen, not a religious ruling - consult a qualified scholar for personal rulings.
What is Johnson Controls' interest-bearing debt ratio?
Per Johnson Controls' Form 10-K for the fiscal year ended September 30, 2025 (filed early November 2025; $ millions; from the filed 10-K balance sheet reproduced in the Q4/FY25 earnings release and the FT tear-sheet - cross-verified: Morningstar, stockwatch, FT all consistent), total debt at September 30, 2025 was: short-term debt $723M + current portion of long-term debt $566M + long-term debt $8,591M = $9,880M (FT confirms 'Total debt 9,880'). Against a market cap of about $90.82B ($151.77 per share, Finnhub, October 2026; sanity check: 611M shares outstanding at Sep 30, 2025 x $151.77 = about $92.7B - within ~2%), debt / market cap is about 10.88% - below the ~33% ceiling. Cash and cash equivalents of $379M is about 0.42% of market cap. Total liabilities were $25,012M; shareholders' equity $12,927M (debt-to-equity rose from 0.5x to 0.7x in FY2025). Gate 2 passes. Facts only.
How much interest income does Johnson Controls earn?
Per Johnson Controls' Form 10-K for the fiscal year ended September 30, 2025 (filed early November 2025; $ millions), interest income was $19M (Zoya's data fields; FY2025) against net sales of $23,596M = about 0.08% of revenue - below the 5% non-compliant income ceiling. Zoya's data fields independently report FY2025 revenue of $23,596,000,000 and interest income of $19,000,000 - matching the 10-K figures exactly. Net income was $3,291M. Gate 3 passes. Facts only.
Do Zoya, Musaffa, or ShariaPortfolio cover Johnson Controls?
Zoya covers Johnson Controls at zoya.finance/stocks/jci, but its auto-generated FAQ text is garbled/contradictory (renders 'Shariah-compliant and therefore considered halal to invest in' AND 'Shariah-compliant and therefore not considered halal to invest in' AND 'flagged as Shariah-compliant' fragments simultaneously) - no clean Zoya rating can be quoted, and none is quoted here. Useful corroborating fact: Zoya's data fields report FY2025 revenue of $23,596,000,000 and interest income of $19,000,000 - matching the 10-K exactly. Musaffa covers JCI at musaffa.com/stock/JCI/: 'As of August 2026, Johnson Controls International PLC JCI is classified as halal according to Musaffa's Shariah screening methodology.' ShariaPortfolio: no JCI stock page found in web searches - honestly reported as no coverage found, not invented.
Sources
- Johnson Controls International plc Form 10-K for fiscal year ended September 30, 2025 (filed early November 2025; $ millions; balance sheet reproduced in the Q4/FY25 earnings release and the FT tear-sheet; cross-verified: Morningstar, stockwatch, FT all consistent): net sales $23,596M; interest income $19M; net income $3,291M; cash and cash equivalents $379M; short-term debt $723M; current portion of long-term debt $566M; long-term debt $8,591M; total assets $37,939M; total liabilities $25,012M; shareholders' equity $12,927M; 611M shares outstanding (Sep 30, 2025)
- Musaffa Johnson Controls stock page (Aug 2026): 'As of August 2026, Johnson Controls International PLC JCI is classified as halal according to Musaffa's Shariah screening methodology'
- Finnhub JCI live market data (Oct 2, 2026): NYSE (XNYS), price ~$151.77, market cap ~$90.82B - live quote, no delisting
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).