Is TATT halal?

What the company does

TAT Technologies (Israel) makes aircraft heat exchangers and repairs APUs (auxiliary power units) and other components (MRO) for commercial airlines and military customers. Its money comes from repair services and component sales (the defense share is checked 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

  Activity needs clarification: Aerospace & Defense

• Interest-bearing debt / market cap

  limit 30%

  Interest-bearing debt $16.67M ÷ 36-month average market cap $349.12M = 4.8%

  4.8%

  Pass

• Cash & investments / market cap

  limit 30%

  Cash + interest-bearing securities $54.63M ÷ 36-month average market cap $349.12M = 15.7%

  15.7%

  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. Today's market cap: $414.77M.

For information (AAOIFI 3/1 note): cash + receivables are 37.9% 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

Not in the S&P 500

Held by funds

Not held by any tracked fund