FER: Is Ferrovial SE Halal?
Ferrovial SE
$68.36
Price as of Jun 27, 2026
Market Cap: 49.3B
Screened on a market cap of 34.8B
Compliance Status
Not Halal
Screened on Sep 16, 2026 · AAOIFI Standard 21
Non-Compliant
Is Ferrovial SE (FER) halal? Not Halal. Based on AAOIFI screening, Ferrovial SE passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Ferrovial SE (FER) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 16, 2026. Source: https://halalscreener.app/en/stock/FER
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding FER
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
Get an email if FER's halal status changes
We re-screen Ferrovial SE daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About Ferrovial SE
Ferrovial SE, a global entity operating through its various subsidiaries, specializes in the entire lifecycle management of transport infrastructure and urban services, encompassing their design, construction, financing, operation, and ongoing maintenance. Its diverse operations are organized into four primary divisions: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. In the Construction division, the firm undertakes the planning and execution of a wide array of public and private projects, notably including public infrastructure development. Simultaneously, the Toll Roads segment is devoted to developing, funding, and managing major thoroughfares. The Airports segment focuses on establishing, investing in, and managing aviation facilities. Moreover, its Energy Infrastructures and Mobility unit undertakes the promotion, construction, and operation of various energy generation and transmission assets, specifically developing, financing, and operating power transmission lines and renewable energy generation plants. This segment also extends its offerings to include mobility and waste management plants and specialized services for the mining sector in Chile. Established in 1952, Ferrovial SE's corporate headquarters are located in Amsterdam, the Netherlands.
Sector: Industrials · Industry: Engineering & Construction
Why this does not pass
- Interest-bearing debt is 30.8% of market cap, over the 30% AAOIFI limit.
Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.
Shariah Compliance Status
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why FER is rated Not Halal with institutional-grade analysis
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Sep 2026
Doubtful
until the change above
Not Halal
until the change above
Doubtful
until the change above
Not Halal
until the change above
Doubtful
until the change above
Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Industrials
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Industrials Stocks
Track FER and 8,200+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is Ferrovial SE (FER) halal to invest in?
Why did Ferrovial SE get a F compliance rating?
What could change Ferrovial SE's Shariah verdict?
How often is Ferrovial SE re-screened for Shariah compliance?
Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.