Garrett Motion Inc.

GTX: Is Garrett Motion Inc. Halal?

Garrett Motion Inc.

NASDAQConsumer CyclicalCH

$32.57

+2.16%

Market Cap: 6.1B

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is Garrett Motion Inc. (GTX) halal? Halal. Based on AAOIFI screening, Garrett Motion Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

23.1% of 30.0% limit

What this means for you

You can own GTX

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.2% of your income from GTX

That is about $0.20 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Garrett Motion Inc.

Garrett Motion Inc., together with its global subsidiaries, specializes in the development, production, and sale of advanced turbocharging and electric-boosting systems. These innovative technologies are supplied to original equipment manufacturers (OEMs) for use in light passenger and commercial vehicles worldwide. The company's product lineup includes turbochargers for gasoline and diesel light vehicles, robust turbochargers for commercial applications, and a suite of automotive software solutions. Furthermore, Garrett Motion distributes its products to the aftermarket through an extensive network of distributors. Established in 2018, the company's corporate headquarters are situated in Rolle, Switzerland.

Sector: Consumer Cyclical · Industry: Auto - Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Garrett Motion Inc. (GTX) halal to invest in?
Based on AAOIFI Standard 21 screening, Garrett Motion Inc. (GTX) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Garrett Motion Inc. get a B+ compliance rating?
Garrett Motion Inc. (GTX) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.1% (limit 30%); interest-bearing deposits of 2.9% (limit 30%); prohibited income of 0.19% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Garrett Motion Inc.'s Shariah verdict?
Garrett Motion 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 Garrett Motion Inc. re-screened for Shariah compliance?
Garrett Motion Inc. (GTX) 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.