Is Grupo Aeroportuario del Sureste SA de CV (ASR) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Grupo Aeroportuario del Sureste SA de CV (ASR) does not meet the threshold for the non-permissible income screen as of September 2026, so it is not Shariah compliant.
Grupo Aeroportuario del Sureste S.A.B. de C.V., commonly known as ASUR, is a prominent operator in the aerospace and transportation sector, specializing in managing airport facilities. This Mexican airport operator is responsible for the operation, maintenance, and development of key airports in the southeastern region of Mexico, including the highly frequented Cancún International Airport. For Muslim investors, though, the most pressing question is simpler: is Grupo Aeroportuario del Sureste SA de CV a Halal investment?
Is Grupo Aeroportuario del Sureste SA de CV Shariah compliant?
For industrial companies like Grupo Aeroportuario del Sureste SA de CV, 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 Grupo Aeroportuario del Sureste SA de CV pass the business activity test?
The activity screen is only part of the picture this month: Grupo Aeroportuario del Sureste SA de CV currently fails the non-permissible income 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 Grupo Aeroportuario del Sureste SA de CV's income Halal?
No. Grupo Aeroportuario del Sureste SA de CV's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Grupo Aeroportuario del Sureste SA de CV meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has ASR re-screened every month, and the result above always shows the latest verdict.
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?



