Is AerCap (AER) stock Halal?
As of the September 2026 screening, AerCap Holdings NV (AER) does not meet the AAOIFI Shariah Standard No. 21 threshold for the interest-bearing debt screen, so the stock is not currently classified as Shariah compliant. It is re-screened every month and can regain compliance if its financial structure changes.
AerCap is a global leader in the aircraft leasing and aviation finance industry. Specializing in leasing a highly diversified portfolio of commercial aircraft, engines, and helicopters, the company provides tailored fleet solutions to a network of over 300 airline customers worldwide. AerCap's portfolio is recognized for its scale and modernity, incorporating a significant proportion of new technology, fuel-efficient aircraft that align with the evolving needs of both passenger and cargo carriers. For Muslim investors, though, the most pressing question is simpler: is AerCap a Halal investment?
Is AerCap Shariah compliant?
For industrial companies like AerCap, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does AerCap pass the business activity test?
The activity screen is only part of the picture this month: AerCap currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is AerCap's income Halal?
Yes, within AAOIFI's tolerance. AerCap's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does AerCap meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



