BAE SYSTEMS PLC ORD 2.5P (BA.L) - Questionable
BAE SYSTEMS PLC ORD 2.5P (BA.L) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Aerospace & Defense" has mixed revenue streams that require further analysis; description mentions: military, munitions. The sector "Industrials" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 18.3% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 9.2% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.5% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.48%.Based on the company's financial statements, approximately 0.48% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.48% of total income). Some scholars may differ on the exact calculation method.
About BAE SYSTEMS PLC ORD 2.5P
BAE Systems plc provides defense, aerospace, and security solutions in the United States, the United Kingdom, the Middle East, Australia, Kingdom of Saudi Arabia, Europe, and internationally. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial avionics, and precision guided solutions and communications systems, as well as space electronics, spacecraft, and ground and tactical systems. The Platforms & Services segment manufactures and sells combat vehicles, weapons, and munitions; and offers naval ship repair services, as well as operates and manages two government-owned and contractor-operated ammunition plants. The Air segment develops future combat air systems and falconworks alongside edgewing, and eurofighter and MBDA. The Maritime segment provides maritime and land services, including submarine, ship build, and support programs. The Cyber & Intelligence segment offers cyber security services for national security, central government, and government enterprises. The company was formerly known as British Aerospace plc and changed its name to BAE Systems plc in May 2000. BAE Systems plc was incorporated in 1979 and is headquartered in London, the United Kingdom.
