CAE Inc.

CAE: Is CAE Inc. Halal?

CAE Inc.

NYSEIndustrialsCA

$25.62

-0.81%

Market Cap: 8.2B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is CAE Inc. (CAE) halal? Not Halal. Based on AAOIFI screening, CAE Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

39.5% of 30.0% limit

What this means for you

Most scholars advise not holding CAE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About CAE Inc.

CAE Inc. is a global entity dedicated to delivering advanced simulation-based training and vital operational assistance. The company structures its diverse operations into three primary business segments: Civil Aviation, Defense and Security, and Healthcare. Its Civil Aviation division offers an extensive suite of training solutions for various aviation professionals, including flight, cabin, maintenance, and ground personnel, across commercial, business, and helicopter sectors. This segment also manufactures cutting-edge flight simulation training devices, provides initial pilot (ab initio) instruction, and offers crew placement services. Furthermore, it supplies integrated digital platforms for crew management, training operations, and optimization software. The Defense and Security segment is focused on providing crucial training and mission support capabilities for military forces engaged in multi-domain operations. Its services also cater to original equipment manufacturers (OEMs), governmental bodies, and public safety organizations. Within the Healthcare segment, CAE develops comprehensive educational and training systems. These offerings include simulations for interventional procedures and imaging, structured curricula, audiovisual debriefing tools, platforms for managing simulation centers, and lifelike patient simulators. These resources are utilized by a broad range of clients, from healthcare students and clinical professionals to hospital and university simulation centers, medical and nursing schools, paramedic services, military medical units, professional societies, public health agencies, and OEMs. Founded in 1947, the company was originally known as CAE Industries Ltd. before officially adopting the name CAE Inc. in 1993. Its corporate headquarters are located in Saint-Laurent, Canada.

Sector: Industrials · Industry: Aerospace & Defense

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: FY 2026Data source: FMP
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Frequently Asked Questions

Is CAE Inc. (CAE) halal to invest in?
CAE Inc. (CAE) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did CAE Inc. get a F compliance rating?
CAE Inc. (CAE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 39.5% (limit 30%); interest-bearing deposits of 6.7% (limit 30%); prohibited income of 0.38% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change CAE Inc.'s Shariah verdict?
CAE Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is CAE Inc. re-screened for Shariah compliance?
CAE Inc. (CAE) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 18, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.