Is Joby Aviation, Inc. (JOBY) Stock Halal or Haram?
Joby Aviation, Inc. (JOBY) - Not Halal (Non-Compliant)
Joby Aviation, Inc. (JOBY) 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
Airports & Air Services
Result
Pass
Reason
The sector "Industrials" and industry "Airports & Air Services" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 5.7% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 17.2% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 80.8% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 80.79%.Based on the company's financial statements, approximately 80.79% of dividend income should be donated to charity for purification. This is derived from identified interest income (80.79% of total income). Some scholars may differ on the exact calculation method.
About Joby Aviation, Inc.
Joby Aviation, Inc., an air mobility company, engages in research, develop, test, manufacture, and sale of electric vertical takeoff and landing aircraft in the United States, Japan, Europe, and internationally. The company offers facilitation of passenger transportation via helicopter or fixed wing aircraft. It is also involved in the provision of government flight services, customer demonstration, and engineering services; and exhibition activities. Joby Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.
Frequently Asked Questions
Is Joby Aviation, Inc. (JOBY) stock halal to invest in?
According to AAOIFI Shariah screening standards, Joby Aviation, Inc. (JOBY) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Joby Aviation, Inc. have any interest income?
Joby Aviation, Inc.'s interest income ratio is 17.2% of total revenue. AAOIFI standards require this to be below 30%.
Based on the company's financial statements, approximately 80.79% of dividend income should be donated to charity for purification. This is derived from identified interest income (80.79% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Joby Aviation, Inc.
Joby Aviation, Inc., an air mobility company, engages in research, develop, test, manufacture, and sale of electric vertical takeoff and landing aircraft in the United States, Japan, Europe, and internationally. The company offers facilitation of passenger transportation via helicopter or fixed wing aircraft. It is also involved in the provision of government flight services, customer demonstration, and engineering services; and exhibition activities. Joby Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.
United StatesNYSEIndustrials
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Apr 16, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Joby Aviation, Inc. (JOBY) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Joby Aviation, Inc.'s interest income ratio is 17.2% of total revenue. AAOIFI standards require this to be below 30%.
JOBY 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.
Joby Aviation, Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save JOBY to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Joby Aviation, Inc. require purification. Approximately 80.79% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
What guidelines are used to determine if JOBY stock is Shariah-compliant?
JOBY 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.
How often is Joby Aviation, Inc. stock reviewed for Shariah compliance?
Joby Aviation, Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Joby Aviation, Inc.'s compliance status?
You can save JOBY to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Joby Aviation, Inc. stock considered halal?
Dividends from Joby Aviation, Inc. require purification. Approximately 80.79% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Joby Aviation, Inc. shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
