Archer Aviation Inc. (ACHR) - Not Halal (Non-Compliant)
Archer Aviation Inc. (ACHR) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Aerospace & Defense" has mixed revenue streams that require further analysis. The sector "Industrials" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 2.2% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 27.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 89.6% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About Archer Aviation Inc.
Archer Aviation Inc., together with its subsidiaries, designs and develops aircraft and related technologies and services for commercial and defense sectors in the United States and internationally. The company offers electric vertical takeoff and landing (eVTOL) aircraft for urban air taxi operations. Archer Aviation Inc. is based in San Jose, California.
Frequently Asked Questions
Is Archer Aviation Inc. (ACHR) stock halal to invest in?
According to AAOIFI Shariah screening standards, Archer Aviation Inc. (ACHR) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Archer Aviation Inc. have any interest income?
Archer Aviation Inc.'s interest income ratio is 27.0% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if ACHR stock is Shariah-compliant?
ACHR is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

