Is Flywire Corp (FLYW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 21.9% / 30% | 13.0% / 30% | 0.91% / 5% | ✓ HALAL |
| DJIM | 0.1% / 33% | 21.9% / 33% | 13.0% / 33% | 0.91% / 5% | ✓ HALAL |
| MSCI | 0.1% / 33% | 28.3% / 33% | 16.8% / 33% | 0.91% / 5% | ✓ HALAL |
| S&P | 0.1% / 33% | 21.9% / 33% | 13.0% / 33% | 0.91% / 5% | ✓ HALAL |
| FTSE | 0.1% / 33% | 28.3% / 33% | 16.8% / 50% | 0.91% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 61.4% | |
| Operating Margin | -1.0% | |
| Net Margin | 2.2% | |
| Return on Equity (ROE) | 1.6% | |
| Return on Assets (ROA) | 1.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $100M |
| Free Cash Flow | $90M |
| Total Debt | $1M |
| Debt-to-Equity | 0.4 |
| Current Ratio | 1.5 |
| Total Assets | $1.3B |
Price & Trading
| Last Close | $12.04 |
| 50-Day MA | $12.29 |
| 200-Day MA | $12.76 |
| Avg Volume | 1.6M |
| Beta | 1.3 |
|
52-Week Range
$8.20
| |
About Flywire Corp (FLYW)
Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Europe, the Middle East, and Africa and the Asia Pacific. The company provides a payment platform that integrates into existing apps and workflows and have access to solutions, such as tailored invoicing, settlement and reconciliation tools, single sign-on and checkout, recurring payments, and split payouts. It also offers a payment network, which has access to a set of payment methods, including banks, third-party payment providers, payment networks, and digital wallets; and direct connections to alternative payment methods consisting of Alipay, Boleto, PayPal / Venmo, and Trustly. In addition, the company provides vertical-specific software comprising vertical-specific digital workflows; integration and synchronization to core and industry specific systems; real-time access; and predictive analytics. It serves education, healthcare, travel, and B2B industries. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.
Purification Calculator
As a halal stock with 0.91% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Flywire Corp (FLYW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Flywire Corp 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 Flywire Corp's debt ratio?
Flywire Corp's debt ratio is 0.1% 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 0.1%.
Does Flywire Corp require dividend purification?
Yes, Flywire Corp has an impermissible income ratio of 0.91%, which means 0.91% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Flywire Corp's key financial metrics?
Flywire Corp has a market capitalization of $1.4B, trailing P/E ratio of 103.3, and revenue of $623M. The company maintains a gross margin of 61.4% and a net margin of 2.2%. Return on equity stands at 1.6%.
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.