JetBlue Airways Corporation (JBLU) - Not Halal (Non-Compliant)
JetBlue Airways Corporation (JBLU) 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
- Airlines
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Airlines" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 546.7% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 117.7% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 1.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.40%.Based on the company's financial statements, approximately 1.40% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.40% of total income). Some scholars may differ on the exact calculation method.
About JetBlue Airways Corporation
JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A220, Airbus A320, Airbus A320 Restyled, Airbus A321, Airbus A321 with Mint, Airbus A321neo, Airbus A321neo with Mint, and Airbus A321neoLR with Mint aircraft. It also serves 100 destinations across the United States, the Caribbean, Latin America, Canada, and Europe. In addition, it operates airport lounges, as well as provides vacation services. JetBlue Airways Corporation was incorporated in 1998 and is based in Long Island City, New York.
Frequently Asked Questions
Is JetBlue Airways Corporation (JBLU) stock halal to invest in?
According to AAOIFI Shariah screening standards, JetBlue Airways Corporation (JBLU) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does JetBlue Airways Corporation have any interest income?
JetBlue Airways Corporation's interest income ratio is 117.7% of total revenue. AAOIFI standards require this to be below 30%.

