Is United Airlines Holdings, Inc. (UAL) Halal?

NASDAQ Industrials United States $28.6B
✗ NOT HALAL
Confidence: 90/100
United Airlines Holdings, Inc. (UAL) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 104.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. United Airlines Holdings, 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 104.1%
/ 30%
41.1%
/ 30%
8.0%
/ 30%
1.03%
/ 5%
✗ NOT HALAL
DJIM 104.1%
/ 33%
41.1%
/ 33%
8.0%
/ 33%
1.03%
/ 5%
✗ NOT HALAL
MSCI 40.6%
/ 33%
16.0%
/ 33%
3.1%
/ 33%
1.03%
/ 5%
✗ NOT HALAL
S&P 104.1%
/ 33%
41.1%
/ 33%
8.0%
/ 33%
1.03%
/ 5%
✗ NOT HALAL
FTSE 40.6%
/ 33%
16.0%
/ 33%
3.1%
/ 50%
1.03%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
8.7
Forward: 5.8
EPS
$10.20
P/B Ratio
1.9
EV/EBITDA
6.1
EV: $47.4B
Revenue
$59.1B
Growth: 4.8%
Beta
1.2
High volatility
Current Ratio
0.6

Profitability

Gross Margin 34.0%
Operating Margin 9.1%
Net Margin 5.7%
Return on Equity (ROE) 24.0%
Return on Assets (ROA) 4.2%

Cash Flow & Balance Sheet

Operating Cash Flow$8.4B
Free Cash Flow$2.6B
Total Debt$31.0B
Debt-to-Equity203.1
Current Ratio0.6
Total Assets$76.4B

Price & Trading

Last Close$92.69
50-Day MA$103.58
200-Day MA$99.18
Avg Volume6.3M
Beta1.2
52-Week Range
$52.00
$119.21

About United Airlines Holdings, Inc. (UAL)

CEO
Mr. J. Scott Kirby
Employees
113,200
Sector
Industrials
Industry
Airlines
Country
United States
Exchange
NASDAQ
Market Cap
$28.6B
Currency
USD

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in the United States, Canada, Atlantic, the Pacific, and Latin America. It transports people and cargo through its mainline and regional fleets. The company also offers ground handling, flight academy, frequent flyer award non-travel redemptions, and maintenance services for third parties. In addition, it provides freight and mail transportation services to commercial businesses, freight forwarders, logistics firms, and national postal services, as well as loyalty programs. The company distributes its products through direct channels, such as the Company's website and the Company's mobile app; and traditional travel agencies, online travel agencies, and other intermediaries. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is based in Chicago, Illinois.

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Frequently Asked Questions

Is United Airlines Holdings, Inc. (UAL) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), United Airlines Holdings, 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 United Airlines Holdings, Inc.'s debt ratio?

United Airlines Holdings, Inc.'s debt ratio is 104.1% 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 40.6%.

What are United Airlines Holdings, Inc.'s key financial metrics?

United Airlines Holdings, Inc. has a market capitalization of $28.6B, trailing P/E ratio of 8.7, and revenue of $59.1B. The company maintains a gross margin of 34.0% and a net margin of 5.7%. Return on equity stands at 24.0%.

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.