ACHRNYSE

Is Archer Aviation Inc halal to invest in?

Industrials · Aerospace & Defense

$4.96Delayed

+5.08%

Verdict

Not compliant

Fails the business-activity screen: Industry classified as defense.

AAOIFI Shari'ah Standard No. 21 · screened 10 Oct 2026

The three AAOIFI tests

Each bar shows the figure against its limit; the line marks the limit.

Interest-bearing debt

Pass

2.1%of market cap

0%limit 30%

Filed financial statements

Cash & interest-bearing assets

Pass

22%of market cap

0%limit 30%

Filed financial statements

Impermissible income

No figure

—of revenue

0%limit 5%

No current twelve-month interest-income figure in the company's filings.

Business activity

Industry classified as defense

Fails

NON COMPLIANT

Screened under AAOIFI Shari'ah Standard No. 21

Business Activity Screening

StatusFailed

Halal Revenue0%

Minimum 95% required

Concerns:

Industry classified as defense
Industry classified as aerospace & defense

Financial Ratio Screening

Interest-bearing debt / Market CapFILED2.1%

Limit 30% · Filed financial statements

Impermissible income / RevenueHISTORICAL—

This figure was last disclosed in an earlier period. A previous year's figure isn't a sound basis for a current ruling, so it is shown for context only. · Limit 5%

Cash & interest-bearing assets / Market CapFILED22.3%

Limit 30% · Filed financial statements

Receivables / Market Cap—

Insufficient data · Limit 45%

Dividend Purification

Purification Ratio

0.00%

Per $100 dividend received,

donate $0.00 to charity

This ratio represents the portion of dividends derived from non-permissible income that should be purified through charitable donation.

Disclaimer

This Shariah screening is based on publicly available financial data and AAOIFI standards. For investment decisions, please consult with a qualified Shariah scholar or your financial advisor. Screening results may vary based on data availability and interpretation.

Last updated: 10 Oct 2026

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