What is Republic Airways Holdings Inc.'s Shariah compliance score?

Republic Airways Holdings Inc.'s (RJET) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Republic Airways Holdings Inc. pass AAOIFI screening?

Republic Airways Holdings Inc. (RJET) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (RJET: 127.2%), (3) interest-bearing deposits below 30% (RJET: 36.8%), and (4) prohibited income below 5% (RJET: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Republic Airways Holdings Inc. stock?

Republic Airways Holdings Inc. (RJET) has a non-permissible income ratio of 0.01%. Muslim investors should purify this percentage of any dividends received and capital gains realized from RJET shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Republic Airways Holdings Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Republic Airways Holdings Inc. (RJET) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about RJET's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

RJET: Is Republic Airways Holdings Inc. Halal?

Republic Airways Holdings Inc.

NASDAQIndustrialsUS

$17.21

-5.54%

Market Cap: 805.9M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

AvoidBorderlineClean

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%.

127.2% of 30.0% limit

What this means for you

Most scholars advise not holding RJET

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Republic Airways Holdings Inc.

Republic Airways Holdings Inc., founded in 1974, specializes in offering scheduled air passenger services. The company operates a substantial fleet of approximately 240 aircraft, which allows it to conduct around 1,000 daily flights. These services connect 80 different cities across the United States, Canada, the Caribbean, and Central America. Its corporate headquarters are located in Indianapolis, Indiana.

Sector: Industrials · Industry: Airlines, Airports & Air Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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

Halal Alternatives in Industrials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

PHOEA+

Phoenix Asia Holdings Limited Ordinary Shares

$17.80

+1.37%

FASTA+

Fastenal Company

$45.49

+0.30%

ODFLA+

Old Dominion Freight Line, Inc.

$233.84

-0.43%

SAIAA+

Saia, Inc.

$467.89

-6.83%

ADURA+

Aduro Clean Technologies Inc.

$13.86

-1.56%

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A+

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UPS

United Parcel Service, Inc.

B+

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Frequently Asked Questions

Is Republic Airways Holdings Inc. (RJET) halal to invest in?

Republic Airways Holdings Inc. (RJET) 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 Republic Airways Holdings Inc. get a F compliance rating?

Republic Airways Holdings Inc. (RJET) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 127.2% (limit 30%); interest-bearing deposits of 36.8% (limit 30%); prohibited income of 0.01% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Republic Airways Holdings Inc.'s Shariah verdict?

Republic Airways 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 Republic Airways Holdings Inc. re-screened for Shariah compliance?

Republic Airways Holdings Inc. (RJET) 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 18, 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.