Is GEV halal?
GE Vernova Inc.
Halal
GE Vernova Inc. 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
921.2
Day
-0.57%
Market cap
$257.38B
Industry
Specialty Industrial Machinery
Sector
Industrials
What the company does
GE Vernova, spun off from General Electric in 2024, is an energy company: gas turbines (in high demand for data centers), wind turbines and power-grid equipment. Its money comes from equipment sales and long-term service contracts.
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 $2.79B ÷ 36-month average market cap $147.29B = 1.9%
1.9%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $13.12B ÷ 36-month average market cap $147.29B = 8.9%
8.9%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $455.00M ÷ annual revenue $38.07B (2025) = 1.2%
1.2%
Pass
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. Today's market cap: $257.38B.
For information (AAOIFI 3/1 note): cash + receivables are 41.8% 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
- 0.37% weight · #45 of 503
- Among halal stocks
- 0.38% · #37 of 1454
- Held by funds
- SPUS 0.63% · HLAL 0.59%
- Dividend
- 0.18% · purify 1.2% · net 0.17%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 11 superinvestors · Average reported price: $1174.86
- Chase ColemanTiger Global Management$937.0M3.9%
- Terry SmithFundsmith$481.5M3.5%
- Polen Capital Management$231.0M2.0%
- Muhlenkamp$1.7M0.5%
- Christopher BloomstranSemper Augustus$2.3M0.3%
- Dodge & Cox Funds$144.4M0.1%
Halal stocks in the same industry
The largest halal stocks in Specialty Industrial Machinery — 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.