Is Garmin Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Garmin Ltd (GRMN) is currently classified as HALAL as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Garmin Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Garmin Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Garmin Ltd?

Muslim investors may consider investing in Garmin Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Garmin Ltd classified as HALAL?

Musaffa determines the Shariah status of Garmin Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Garmin Ltd updated?

The Shariah compliance status of Garmin Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Garmin Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Garmin Ltd?

You can check the latest Shariah compliance status of Garmin Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

GRMN Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: May 01, 2026

Report Source: 2026 1st Quarter Report

Garmin Ltd. Stock Analysis GRMN

United States Consumer Staples Large Cap Report: Q1, 2026

Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. The company is headquartered in Schaffhausen, Schaffhausen and currently employs 23,000 full-time employees. The company went IPO on 2000-12-08. The firm and its subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The firm operates through five segments: fitness, outdoor, aviation, marine and auto. The company offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market. The company offers Outdoor Handhelds, Wearable Devices, Golf Devices, and Dog Tracking and Training/Pet Obedience Devices. Garmin offers various products designed for use in fitness and activity tracking. Company’s aviation business segment is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators, as well as military and government customers and serves a range of aircraft, including transport aircraft, business aviation, general aviation, experimental/light sport, helicopters, optionally piloted vehicles, and unmanned aerial vehicles. Company operates worldwide.

Key Statistics of Garmin Ltd (GRMN)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$225.68$231.88

Today's Open

$229.82

Volume

791.73K

P/E Ratio (TTM)

28.10

52 Week Range

$183.64$273.32

Market Cap

45.25B

Avg. Volume

796.88K

Dividend Yield

1.42%

Financial Metrics & Statements of Garmin Ltd (GRMN)

FAQ's for Garmin Ltd (GRMN)

According to Musaffa’s Shariah screening methodology, Garmin Ltd (GRMN) is currently classified as HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.