Is SURF AIR MOBILITY INC. (SRFM) Halal?

NYSE Industrials United States $85M
✗ NOT HALAL
Confidence: 90/100
SURF AIR MOBILITY INC. (SRFM) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 77.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. SURF AIR MOBILITY INC. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 77.8%
/ 30%
17.8%
/ 30%
3.6%
/ 30%
5.29%
/ 5%
✗ NOT HALAL
DJIM 77.8%
/ 33%
17.8%
/ 33%
3.6%
/ 33%
5.29%
/ 5%
✗ NOT HALAL
MSCI 74.6%
/ 33%
17.0%
/ 33%
3.4%
/ 33%
5.29%
/ 5%
✗ NOT HALAL
S&P 77.8%
/ 33%
17.8%
/ 33%
3.6%
/ 33%
5.29%
/ 5%
✗ NOT HALAL
FTSE 74.6%
/ 33%
17.0%
/ 33%
3.4%
/ 50%
5.29%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-3.15
P/B Ratio
-1.5
EV/EBITDA
-2.6
EV: $173M
Revenue
$107M
Growth: -5.7%
Beta
3.0
High volatility
Current Ratio
0.2

Profitability

Gross Margin 3.9%
Operating Margin -97.8%
Net Margin -103.8%
Return on Assets (ROA) -37.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$64M
Free Cash Flow-$73M
Total Debt$100M
Current Ratio0.2
Total Assets$132M

Price & Trading

Last Close$1.20
50-Day MA$1.92
200-Day MA$3.30
Avg Volume3.4M
Beta3.0
52-Week Range
$1.08
$9.91

About SURF AIR MOBILITY INC. (SRFM)

CEO
Ms. Deanna White
Employees
467
Sector
Industrials
Industry
Airlines
Country
United States
Exchange
NYSE
Market Cap
$85M
Currency
USD

Surf Air Mobility Inc. engages in the air mobility business in the United States and internationally. Its air mobility platform provides scheduled commercial air service flights; and on-demand flights created for customers on an ad-hoc, by request basis. Surf Air Mobility Inc. was founded in 2011 and is headquartered in Hawthorne, California.

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Frequently Asked Questions

Is SURF AIR MOBILITY INC. (SRFM) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SURF AIR MOBILITY 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 SURF AIR MOBILITY INC.'s debt ratio?

SURF AIR MOBILITY INC.'s debt ratio is 77.8% 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 74.6%.

What are SURF AIR MOBILITY INC.'s key financial metrics?

SURF AIR MOBILITY INC. has a market capitalization of $85M, and revenue of $107M. The company maintains a gross margin of 3.9% and a net margin of -103.8%.

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.