Is Afya Ltd. AFYA stock halal to invest in?

No, as of August 2026, Afya Ltd. stock (AFYA) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Afya Ltd. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Afya Ltd. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Afya Ltd. AFYA reviewed for Shariah compliance?

Tabadulat reviews Afya Ltd. AFYA for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Afya Ltd. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Afya Ltd. AFYA pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Afya Ltd. stock (AFYA) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Afya Ltd.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Afya Ltd. AFYA pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Afya Ltd. stock (AFYA) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Afya Ltd.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Afya Ltd. AFYA pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Afya Ltd. stock (AFYA) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. Afya Ltd.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Afya Ltd. AFYA stock?

Afya Ltd. (AFYA) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Afya Ltd. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Afya Ltd. AFYA pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Afya Ltd. stock (AFYA) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Afya Ltd. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Afya Ltd

NASDAQ

Shariah-Compliant

Not Shariah

AFYA

About

Afya Ltd

AFYA

Afya Ltd. operates as a leading consolidator and provider within the Brazilian medical education sector. Specializing in the development and delivery of medical education services, the company plays a vital role in training healthcare professionals by offering undergraduate and graduate programs in medicine, as well as related healthcare disciplines. Afya Ltd. stands out for its comprehensive educational solutions that combine traditional classroom learning with cutting-edge digital tools, ensuring students gain the requisite skills and knowledge to excel in the healthcare industry. The company's reach extends across Brazil, where there is a growing demand for qualified healthcare professionals, directly impacting the healthcare and education sectors. By focusing on medical education, Afya Ltd. contributes significantly to addressing the needs of Brazil's expanding healthcare market. In a country with a diverse and dynamic healthcare backdrop, Afya Ltd. plays an essential aggregator role, supporting the continuum of education from entry-level medical training to advanced specialties. This positions the company as a pivotal player in shaping the future landscape of medical expertise in Brazil.

Sector:

Consumer Defensive

Industry:

Education & Training Services

Employees:

Website:

https://www.afya.com.br

AFYA

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Afya Ltd

About

Afya Ltd

AFYA

Frequently asked questions

Is Afya Ltd. AFYA stock halal to invest in?

How often is Afya Ltd. AFYA reviewed for Shariah compliance?

Does Afya Ltd. AFYA pass the AAOIFI Non Permissible Income criteria?

Does Afya Ltd. AFYA pass the AAOIFI Interest Bearing Investments criteria?

Does Afya Ltd. AFYA pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Afya Ltd. AFYA stock?

Does Afya Ltd. AFYA pass the AAOIFI Preference Share screen?

Can I buy Afya stock on Tabadulat?

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