Is AZUL SA (AZULQ) Halal?

NYSE Industrials Brazil $1.3B
✗ NOT HALAL
Confidence: 90/100
AZUL SA (AZULQ) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 2848.7% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. AZUL SA operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 2848.7%
/ 30%
97.3%
/ 30%
150.2%
/ 30%
0.77%
/ 5%
✗ NOT HALAL
DJIM 2848.7%
/ 33%
97.3%
/ 33%
150.2%
/ 33%
0.77%
/ 5%
✗ NOT HALAL
MSCI 142.9%
/ 33%
4.9%
/ 33%
7.5%
/ 33%
0.77%
/ 5%
✗ NOT HALAL
S&P 2848.7%
/ 33%
97.3%
/ 33%
150.2%
/ 33%
0.77%
/ 5%
✗ NOT HALAL
FTSE 142.9%
/ 33%
4.9%
/ 33%
7.5%
/ 50%
0.77%
/ 5%
✗ NOT HALAL

Financial Highlights

Revenue
$19.5B

Cash Flow & Balance Sheet

Total Debt$37.5B
Total Assets$26.3B

About AZUL SA (AZULQ)

Sector
Industrials
Industry
Airlines
Country
Brazil
Exchange
NYSE
Market Cap
$1.3B
Currency
USD

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Frequently Asked Questions

Is AZUL SA (AZULQ) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AZUL SA 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 AZUL SA's debt ratio?

AZUL SA's debt ratio is 2848.7% 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 142.9%.

What are AZUL SA's key financial metrics?

AZUL SA has a market capitalization of $1.3B, and revenue of $19.5B.

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.