CAT — Caterpillar Inc.

Permissible core business, but the captive financing arm is a real screening nuance.

Why?

Caterpillar's core business — manufacturing heavy equipment — is permissible. Like many industrial equipment makers, however, it operates a captive financing subsidiary (Cat Financial) that extends interest-based loans and leases, which some stricter screens treat as a source of impermissible income requiring closer review.

How this was screened

Primary basis: Financial-ratio screen.

References

• Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).

As of: 2026-09-06

This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.