The Goodyear Tire & Rubber Company

GT: Is The Goodyear Tire & Rubber Company Halal?

The Goodyear Tire & Rubber Company

NASDAQConsumer CyclicalUS

$6.81

+2.56%

Market Cap: 2.0B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is The Goodyear Tire & Rubber Company (GT) halal? Not Halal. Based on AAOIFI screening, The Goodyear Tire & Rubber Company 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%.

277.5% of 30.0% limit

What this means for you

Most scholars advise not holding GT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About The Goodyear Tire & Rubber Company

The Goodyear Tire & Rubber Company, along with its subsidiaries, functions as a global leader in the development, production, marketing, and sale of tires, alongside a suite of related products and services. Its diverse tire lineup caters to an extensive range of vehicles, from passenger automobiles, trucks, buses, and motorcycles to specialized equipment for aviation, earthmoving, mining, and industrial sectors. These products are offered under numerous proprietary brands, including Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, and Roadmaster, as well as other house and private-label brands. Beyond new tire offerings, the company engages in the retreading of truck, aviation, and off-the-road tires, manufacturing and supplying essential retreading materials like tread rubber. It also distributes chemical and natural rubber products and delivers comprehensive maintenance and repair services for both automotive and commercial truck fleets, among other miscellaneous services. With approximately 1,000 retail outlets worldwide, Goodyear directly sells products and provides repair and other services to its customers. The company's global reach is facilitated by a broad distribution network comprising independent dealers, regional distributors, its own retail stores, and various other retailers. Incorporated in 1898, The Goodyear Tire & Rubber Company maintains its corporate headquarters in Akron, Ohio.

Sector: Consumer Cyclical · Industry: Auto - Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Consumer Cyclical

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is The Goodyear Tire & Rubber Company (GT) halal to invest in?
The Goodyear Tire & Rubber Company (GT) 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 The Goodyear Tire & Rubber Company get a F compliance rating?
The Goodyear Tire & Rubber Company (GT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 277.5% (limit 30%); interest-bearing deposits of 46.1% (limit 30%); prohibited income of 0.24% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change The Goodyear Tire & Rubber Company's Shariah verdict?
The Goodyear Tire & Rubber Company'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 The Goodyear Tire & Rubber Company re-screened for Shariah compliance?
The Goodyear Tire & Rubber Company (GT) 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 20, 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.