Is FTV halal?
Fortive Corporation
Halal
Fortive Corporation passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
57.79
Day
+0.02%
Market cap
$17.57B
Industry
Scientific & Technical Instruments
Sector
Technology
What the company does
Fortive makes technical instruments and software: Fluke test tools, Gordian/Accruent facility software, ASP sterilization and Landauer. The precision-technologies unit (Tektronix and others) was spun off as Ralliant in 2025; its money comes from instruments and subscriptions.
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
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $3.51B ÷ current market cap $17.57B = 20.0%
20.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $374.20M ÷ current market cap $17.57B = 2.1%
2.1%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.
For information (AAOIFI 3/1 note): cash + receivables are 8.9% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.03% weight · #407 of 503
- Among halal stocks
- 0.03% · #307 of 1454
- Held by funds
- HLAL 0.05%
- Dividend
- 0.21% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 4 superinvestors · Average reported price: $61.09
- Viking Global Investors$1.2B3.5%
- Dodge & Cox Funds$2.7B1.4%
- Arnold Van Den BergCentury Management$4.9M1.0%
- Wallace WeitzWeitz Investment Management$1.3M0.1%
Halal stocks in the same industry
The largest halal stocks in Scientific & Technical Instruments — for comparison.
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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.