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).

CAE Inc.

CAE: Is CAE Inc. Halal?

Not Halal

CAE Inc.

NYSEIndustrialsCA

$25.36

-1.71%

About CAE Inc.

CAE Inc., together with its subsidiaries, provides simulation training and critical operations support solutions worldwide. It operates through three segments: Civil Aviation, Defense and Security, and Healthcare. The Civil Aviation segment provides training solutions for flight, cabin, maintenance, and ground personnel in commercial, business, and helicopter aviation; flight simulation training devices; and ab initio pilot training and crew sourcing services, as well as end to end digitally enabled crew management, training operations solutions, and optimization software. The Defense and Security segment offers training and mission support solutions for defense forces across multi-domain operations, OEMs, government agencies and public safety organizations. The Healthcare segment provides integrated education and training solutions, including interventional and imaging simulations, curricula, audiovisual debriefing solutions, center management platforms, and patient simulators for healthcare students and clinical professionals, hospital and university simulation centers, medical and nursing schools, paramedic organizations, defense forces, medical societies, public health agencies and OEMs. The company was formerly known as CAE Industries Ltd. and changed its name to CAE Inc. in 1993. CAE Inc. was incorporated in 1947 and is headquartered in Saint-Laurent, Canada.

Sector: Industrials 路 Industry: Aerospace & Defense

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap39.7% / 30.0%

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.

Screened: Jun 17, 2026Fiscal: FY 2026Source: FMP

Financial Overview

Market Cap

8.2B

Price

$25.36

Sector

Industrials

Industry

Aerospace & Defense

Halal Alternatives in Industrials

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

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Saia, Inc.
SAIAA+

Saia, Inc.

$467.89

-6.83%

Aduro Clean Technologies Inc.
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Aduro Clean Technologies Inc.

$13.86

-1.56%

Phoenix Asia Holdings Limited Ordinary Shares
PHOEA+

Phoenix Asia Holdings Limited Ordinary Shares

$15.76

-9.62%

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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 39.7% (limit 30%); interest-bearing deposits of 6.8% (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: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 路 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.