Is Eve Holding, Inc. (EVEX) Halal?

NYSE Industrials United States $846M
✓ HALAL
Confidence: 95/100
Eve Holding, Inc. (EVEX) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 13.0% against the AAOIFI threshold of 30%, Eve Holding, Inc. comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Aerospace & Defense), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 13.0%
/ 30%
29.8%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 13.0%
/ 33%
29.8%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 41.5%
/ 33%
95.3%
/ 33%
0.1%
/ 33%
N/A ✗ NOT HALAL
S&P 13.0%
/ 33%
29.8%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 41.5%
/ 33%
95.3%
/ 33%
0.1%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-0.70
P/B Ratio
6.8
EV/EBITDA
-2.9
EV: $642M
Revenue
$0
Beta
0.9
Average volatility
Current Ratio
3.3

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -181.1%
Return on Assets (ROA) -37.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$160M
Free Cash Flow-$175M
Total Debt$180M
Debt-to-Equity145.5
Current Ratio3.3
Total Assets$435M

Price & Trading

Last Close$2.57
50-Day MA$3.27
200-Day MA$4.49
Avg Volume1.2M
Beta0.9
52-Week Range
$2.34
$7.70

About Eve Holding, Inc. (EVEX)

CEO
Mr. Johann Christian Jean Charles Bordais
Employees
198
Sector
Industrials
Industry
Aerospace & Defense
Country
United States
Exchange
NYSE
Market Cap
$846M
Currency
USD

Eve Holding, Inc., together with its subsidiaries, develops urban air mobility solutions in the United States. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support services, including material, maintenance, technical support, training, ground handling, and data services; and development of Vector, an urban air traffic management systems. The company is based in Melbourne, Florida. Eve Holding, Inc. is a subsidiary of Embraer Aircraft Holding, Inc.

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Frequently Asked Questions

Is Eve Holding, Inc. (EVEX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Eve Holding, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Eve Holding, Inc.'s debt ratio?

Eve Holding, Inc.'s debt ratio is 13.0% 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 41.5%.

What are Eve Holding, Inc.'s key financial metrics?

Eve Holding, Inc. has a market capitalization of $846M. Return on equity stands at -181.1%.

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.