Is LMT halal?
Lockheed Martin Corporation
Not halal
Lockheed Martin Corporation did not pass AAOIFI screening. The failed check is shown below.
Exchange
NYSE
Price
532.64
Day
+1.99%
Market cap
—
Industry
—
Sector
—
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:
Weapons manufacturing (Lockheed Martin)
What the company does
Lockheed Martin is the world's largest defense contractor: F-35 fighter jets, missiles (PAC-3, HIMARS, Javelin), space systems and Sikorsky helicopters. About 75% of its money comes from US government 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
Weapons manufacturing (Lockheed Martin)
Interest-bearing debt / market cap
limit 30%
—
No data
Cash & investments / market cap
limit 30%
—
No data
Non-compliant income / total revenue
limit 5%
—
No data
In the lists
- In the S&P 500
- 0.16% weight · #108 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $509.46
- Yacktman Asset Management$110.2M1.4%
- John RogersAriel Investments$5.6M0.1%
- Dodge & Cox Funds$395K0.0%
Exited this quarter: David Katz
All superinvestor portfoliosRelated articles
- Halal investingMentions LMTHaram revenue you can't see from the industry label: pork, weapons, casinosPork hides under "Packaged Foods", weapons under "Aerospace & Defense". What automated screening misses and how we catch it by hand.
- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
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.