Hertz Global Holdings, Inc.

HTZ: Is Hertz Global Holdings, Inc. Halal?

Hertz Global Holdings, Inc.

NASDAQIndustrialsUS

$5.04

+1.20%

Market Cap: 1.6B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

2965.6% of 30.0% limit

What this means for you

Most scholars advise not holding HTZ

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Hertz Global Holdings, Inc.

Hertz Global Holdings, Inc. operates as a leading player in the global vehicle rental industry. Its business is structured into two primary divisions: the Americas Rental Car segment and the International Rental Car segment. The company delivers its range of car rental services through a vast network of wholly-owned, licensed, and franchised locations worldwide. These services are offered under well-known brand names including Hertz, Dollar, and Thrifty, reaching customers across the United States, Canada, Latin America, the Caribbean, Europe, Africa, the Middle East, Asia, Australia, and New Zealand. Beyond its core rental offerings, Hertz also engages in vehicle sales and manages both the Firefly car rental brand and the Hertz 24/7 car-sharing service within international markets. Established in 1918, Hertz Global Holdings, Inc. is headquartered in Estero, Florida.

Sector: Industrials · Industry: Rental & Leasing Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Hertz Global Holdings, Inc. (HTZ) halal to invest in?
Hertz Global Holdings, Inc. (HTZ) 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 Hertz Global Holdings, Inc. get a F compliance rating?
Hertz Global Holdings, Inc. (HTZ) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2965.6% (limit 30%); interest-bearing deposits of 87.3% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Hertz Global Holdings, Inc.'s Shariah verdict?
Hertz Global Holdings, 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 Hertz Global Holdings, Inc. re-screened for Shariah compliance?
Hertz Global Holdings, Inc. (HTZ) 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: Jul 20, 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.