Is AIRI (AIRI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 173.0% / 30% | 4.7% / 30% | 57.1% / 30% | 0.12% / 5% | ✗ NOT HALAL |
| DJIM | 173.0% / 33% | 4.7% / 33% | 57.1% / 33% | 0.12% / 5% | ✗ NOT HALAL |
| MSCI | 54.6% / 33% | 1.5% / 33% | 18.0% / 33% | 0.12% / 5% | ✗ NOT HALAL |
| S&P | 173.0% / 33% | 4.7% / 33% | 57.1% / 33% | 0.12% / 5% | ✗ NOT HALAL |
| FTSE | 54.6% / 33% | 1.5% / 33% | 18.0% / 50% | 0.12% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 17.6% | |
| Operating Margin | 3.1% | |
| Net Margin | -4.0% | |
| Return on Equity (ROE) | -12.0% | |
| Return on Assets (ROA) | -0.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $324,000 |
| Free Cash Flow | -$2M |
| Total Debt | $28M |
| Debt-to-Equity | 156.9 |
| Current Ratio | 1.2 |
| Total Assets | $51M |
Price & Trading
| Last Close | $3.20 |
| 50-Day MA | $3.30 |
| 200-Day MA | $3.22 |
| Avg Volume | 177K |
| Beta | 0.0 |
|
52-Week Range
$2.55
| |
About AIRI (AIRI)
Air Industries Group, together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and aerospace industry in the United States. It offers actuators, arresting gears, aerostructures, aircraft structures, chaff pod assemblies, machining and milling solutions, cylinders, drag beams and braces, flight controls, flight safety critical components, integrated assemblies, landing gears, large diameter turn-mills, submarine valves, thrust struts, engine mounts, and turbine engine components and weldments for aircraft jet engines, ground turbines, and other complex machines. Air Industries Group was founded in 1941 and is based in Bay Shore, New York.
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Frequently Asked Questions
Is AIRI (AIRI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), AIRI is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is AIRI's debt ratio?
AIRI's debt ratio is 173.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 54.6%.
What are AIRI's key financial metrics?
AIRI has a market capitalization of $15M, and revenue of $55M. The company maintains a gross margin of 17.6% and a net margin of -4.0%. Return on equity stands at -12.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.