Is Axos Financial, Inc. (AX) Halal?

NYSE Financial Services United States $4.7B
✗ NOT HALAL
Confidence: 95/100
Axos Financial, Inc. (AX) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
10.5
Forward: 8.4
EPS
$7.88
P/B Ratio
1.6
Revenue
$1.2B
Growth: 21.8%
Beta
1.3
High volatility

Profitability

Gross Margin 0.0%
Operating Margin 50.6%
Net Margin 36.0%
Return on Equity (ROE) 16.8%
Return on Assets (ROA) 1.8%

Cash Flow & Balance Sheet

Operating Cash Flow$490M
Free Cash Flow$436M
Total Debt$373M
Total Assets$24.8B

Price & Trading

Last Close$84.95
50-Day MA$91.44
200-Day MA$85.96
Avg Volume390K
Beta1.3
52-Week Range
$54.46
$101.92

About Axos Financial, Inc. (AX)

CEO
Mr. Gregory Garrabrants C.F.A., J.D.
Employees
1,989
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NYSE
Market Cap
$4.7B
Currency
USD

Axos Financial, Inc., together with its subsidiaries, operates as a consumer and business banking provider in the United States. The company operates through two segments, Banking Business and Securities Business. It offers deposits products, including consumer and business checking, savings, time deposit, and commercial and deposits. The company also provides residential single family, multifamily, and commercial mortgage loans; commercial real estate secured, commercial and industrial non-real estate, and auto and consumer loans. In addition, it offers a range of investment and wealth management services, such as disclosed clearing, recordkeeping, trade reporting, and reorganization assistance services, as well as margin loans and securities lending services. The company was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in September 2018. Axos Financial, Inc. was incorporated in 1999 and is based in Las Vegas, Nevada.

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Frequently Asked Questions

Is Axos Financial, Inc. (AX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Axos Financial, Inc. 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 Axos Financial, Inc.'s debt ratio?

Axos Financial, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Axos Financial, Inc.'s key financial metrics?

Axos Financial, Inc. has a market capitalization of $4.7B, trailing P/E ratio of 10.5, and revenue of $1.2B. Return on equity stands at 16.8%.

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.