Does Controladora Vuela Compañía de Aviación, S.A.B. de C.V. pass AAOIFI screening?

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) 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% (VLRS: 426.6%), (3) interest-bearing deposits below 30% (VLRS: 85.6%), and (4) prohibited income below 5% (VLRS: 1.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Controladora Vuela Compañía de Aviación, S.A.B. de C.V. stock?

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) has a non-permissible income ratio of 1.58%. Muslim investors should purify this percentage of any dividends received and capital gains realized from VLRS 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 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) 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 VLRS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

VLRS: Is Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Halal?

Controladora Vuela Compañía de Aviación, S.A.B. de C.V.

NYSEIndustrialsMX

$7.81

+2.36%

Market Cap: 897.0M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) halal? Not Halal. Based on AAOIFI screening, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. 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%.

426.6% of 30.0% limit

What this means for you

Most scholars advise not holding VLRS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Controladora Vuela Compañía de Aviación, S.A.B. de C.V.

Controladora Vuela Compañía de Aviación, S.A.B. de C.V., through its subsidiaries, Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 410 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, and 3 cities in Central America. As of December 31, 2020, it operated through a fleet of 86 aircraft. The company also offers merchandising, recruitment and payroll, travel agency, and loyalty program services. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. was incorporated in 2005 and is headquartered in Mexico City, Mexico.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 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: FY 2025Data source: FMP

Halal Alternatives in Industrials

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

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Phoenix Asia Holdings Limited Ordinary Shares

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+1.37%

FASTA+

Fastenal Company

$45.49

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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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United Parcel Service, Inc.

B+

Free · No credit card required

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Frequently Asked Questions

Is Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) halal to invest in?

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) 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 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. get a F compliance rating?

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 426.6% (limit 30%); interest-bearing deposits of 85.6% (limit 30%); prohibited income of 1.58% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s Shariah verdict?

Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'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 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. re-screened for Shariah compliance?

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) 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 17, 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.