Is SOUTHWEST AIRLINES CO (LUV) Halal?

NYSE Industrials United States $18.4B
✓ HALAL
Confidence: 95/100
SOUTHWEST AIRLINES CO (LUV) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 27.8% against the AAOIFI threshold of 30%, SOUTHWEST AIRLINES CO comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Airlines), 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 27.8%
/ 30%
15.0%
/ 30%
5.3%
/ 30%
0.73%
/ 5%
✓ HALAL
DJIM 27.8%
/ 33%
15.0%
/ 33%
5.3%
/ 33%
0.73%
/ 5%
✓ HALAL
MSCI 20.6%
/ 33%
11.1%
/ 33%
4.0%
/ 33%
0.73%
/ 5%
✓ HALAL
S&P 27.8%
/ 33%
15.0%
/ 33%
5.3%
/ 33%
0.73%
/ 5%
✓ HALAL
FTSE 20.6%
/ 33%
11.1%
/ 33%
4.0%
/ 50%
0.73%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
47.3
Forward: 7.8
EPS
$0.79
Dividend Yield
193.0%
Payout: 91.1%
P/B Ratio
2.4
EV/EBITDA
12.3
EV: $21.1B
Revenue
$28.1B
Growth: 7.4%
Beta
1.1
Average volatility
Current Ratio
0.5

Profitability

Gross Margin 22.0%
Operating Margin 5.1%
Net Margin 1.6%
Return on Equity (ROE) 4.8%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow$1.8B
Free Cash Flow-$831M
Total Debt$6.0B
Debt-to-Equity74.9
Current Ratio0.5
Total Assets$29.1B

Price & Trading

Last Close$39.53
50-Day MA$45.89
200-Day MA$37.12
Avg Volume10.1M
Beta1.1
52-Week Range
$23.82
$55.11

About SOUTHWEST AIRLINES CO (LUV)

CEO
Mr. Robert E. Jordan
Employees
77,397
Sector
Industrials
Industry
Airlines
Country
United States
Exchange
NYSE
Market Cap
$18.4B
Currency
USD

Southwest Airlines Co. operates as a passenger airline company that provides scheduled air transportation services in the United States and internationally. It also provides Rapid Rewards loyalty program; SWABIZ, an online booking tool; and inflight entertainment platform that includes movies-on-demand live and on-demand television, flight tracker, and additional curated content, as well as a variety of premium snacks and coffee. In addition, the company offers ancillary services, such as in-flight purchases, baggage fees, EarlyBird Check-In, and upgraded boarding, as well as transportation of pets and unaccompanied minors. As of December 31, 2025, the company operated a total fleet of 803 Boeing 737 aircraft; and served 117 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos. Southwest Airlines Co. was incorporated in 1967 and is headquartered in Dallas, Texas.

Purification Calculator

As a halal stock with 0.73% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is SOUTHWEST AIRLINES CO (LUV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SOUTHWEST AIRLINES CO 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 SOUTHWEST AIRLINES CO's debt ratio?

SOUTHWEST AIRLINES CO's debt ratio is 27.8% 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 20.6%.

Does SOUTHWEST AIRLINES CO require dividend purification?

Yes, SOUTHWEST AIRLINES CO has an impermissible income ratio of 0.73%, which means 0.73% 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 SOUTHWEST AIRLINES CO's key financial metrics?

SOUTHWEST AIRLINES CO has a market capitalization of $18.4B, trailing P/E ratio of 47.3, and revenue of $28.1B. The company maintains a gross margin of 22.0% and a net margin of 1.6%. Return on equity stands at 4.8%.

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.