Global Business Travel Group, Inc.

GBTG: Is Global Business Travel Group, Inc. Halal?

Global Business Travel Group, Inc.

NYSEConsumer CyclicalUS

$9.46

+0.11%

Market Cap: 4.9B

Compliance Status

Not Halal

Screened on Aug 28, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Global Business Travel Group, Inc. (GBTG) halal? Not Halal. Based on AAOIFI screening, Global Business Travel Group, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Global Business Travel Group, Inc. (GBTG) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 28, 2026. Source: https://halalscreener.app/en/stock/GBTG

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

30.6% of 30.0% limit

What this means for you

Most scholars advise not holding GBTG

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Global Business Travel Group, Inc.

Global Business Travel Group, Inc. (GBTG) operates a sophisticated business-to-business (B2B) travel platform. This advanced digital ecosystem provides a full spectrum of tech-driven services for business travelers, corporate clients, travel content providers, and third-party travel agencies. GBTG's platform effectively manages various corporate needs, including travel arrangements, expense reporting, and the organization of meetings and events. Through its development of a premier B2B travel marketplace, the company guarantees unparalleled options, cost-effectiveness, and high-quality experiences. Global Business Travel Group, Inc. is based in New York, New York.

Sector: Consumer Cyclical · Industry: Travel Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 28, 2026

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Peripheral exposure (still halal, purify this share)
3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • Travel Services: estimated 3.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Compliance History

  1. Not Halalnow

    since Aug 2026

  2. Doubtful

    until the change above

  3. Not Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Global Business Travel Group, Inc. (GBTG) halal to invest in?
Global Business Travel Group, Inc. (GBTG) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Global Business Travel Group, Inc. get a F compliance rating?
Global Business Travel Group, Inc. (GBTG) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 30.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Global Business Travel Group, Inc.'s Shariah verdict?
Global Business Travel Group, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Global Business Travel Group, Inc. re-screened for Shariah compliance?
Global Business Travel Group, Inc. (GBTG) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 28, 2026.

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.