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AAOIFI No. 21 screening

Is DFNS halal?

T3 Defense Inc.

Doubtful

No clear verdict is possible for T3 Defense Inc. — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.

Checked: 15 October 2026

Exchange

NASDAQ

Price

4.82

Day

-21.50%

Market cap

$19.6M

Industry

Aerospace & Defense

Sector

Industrials

Manually identified reason

Automatic screening reads the industry label, not what's inside. This company's filings were checked by hand and a hidden prohibited activity was found:

Doubtful: pivot to a defense holding — Iron Dome generators and more (T3 Defense, formerly Nukkleus)

What the company does

T3 Defense (formerly Nukkleus, rebranded 2026) runs defense businesses in the US and Israel: generators for Iron Dome launchers, GPS-denied navigation, drone payloads and aviation maintenance. Its money comes from defense contracts (considered by the screener).

What was checked

The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.

  • Business activity

    Doubtful: pivot to a defense holding — Iron Dome generators and more (T3 Defense, formerly Nukkleus)

  • Interest-bearing debt / market cap

    limit 30%

    54.0%

    Fail

  • Cash & investments / market cap

    limit 30%

    35.7%

    Fail

  • Non-compliant income / total revenue

    limit 5%

    —

    No data

In the lists

In the S&P 500
Not in the S&P 500

Related articles

Halal is the first question. The second: when to enter?

Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.

This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.

Earnings historyDFNS's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →
Is DFNS halal? — T3 Defense Inc. AAOIFI screening result — Limitup