PEGASUS (PGSUS.IS) 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: 266.1% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 73.0% | Threshold: 30% | Result: Fail
Non-Permissible Income Ratio
Value: 3.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.42%.Based on the company's financial statements, approximately 3.42% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.42% of total income). Some scholars may differ on the exact calculation method.
About PEGASUS
Pegasus Hava Tasimaciligi Anonim Sirketi, together with its subsidiaries, operates as an airline company. It offers services on short- and medium-haul and point-to-point routes on its domestic and international transit network. The company also provides cargo and training services, as well as operates scheduled flights on international and domestic routes. As of December 31, 2025, it operated 127 aircraft. The company was incorporated in 1990 and is headquartered in Istanbul, Turkey. Pegasus Hava Tasimaciligi Anonim Sirketi is a subsidiary of Esas Holding A.S.
Frequently Asked Questions
Is PEGASUS (PGSUS.IS) stock halal to invest in?
According to AAOIFI Shariah screening standards, PEGASUS (PGSUS.IS) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does PEGASUS have any interest income?
PEGASUS's interest income ratio is 73.0% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if PGSUS.IS stock is Shariah-compliant?
Based on the company's financial statements, approximately 3.42% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.42% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About PEGASUS
Pegasus Hava Tasimaciligi Anonim Sirketi, together with its subsidiaries, operates as an airline company. It offers services on short- and medium-haul and point-to-point routes on its domestic and international transit network. The company also provides cargo and training services, as well as operates scheduled flights on international and domestic routes. As of December 31, 2025, it operated 127 aircraft. The company was incorporated in 1990 and is headquartered in Istanbul, Turkey. Pegasus Hava Tasimaciligi Anonim Sirketi is a subsidiary of Esas Holding A.S.
TurkeyBISTIndustrials
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 Jun 26, 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, PEGASUS (PGSUS.IS) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
PEGASUS's interest income ratio is 73.0% of total revenue. AAOIFI standards require this to be below 30%.
PGSUS.IS 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.
PEGASUS'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 PGSUS.IS 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 PEGASUS require purification. Approximately 3.42% 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.
PGSUS.IS 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 PEGASUS stock reviewed for Shariah compliance?
PEGASUS'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 PEGASUS's compliance status?
You can save PGSUS.IS 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 PEGASUS stock considered halal?
Dividends from PEGASUS require purification. Approximately 3.42% 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 PEGASUS 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.
