Is Flynas Company S.J.S.C. (4264) halal?
Flynas Company S.J.S.C. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 91.9% of market capitalisation (limit 30%); non-permissible (interest) income is 2.1% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 91.9% | < 30% | Over limit |
| Non-permissible income ÷ revenue | 2.1% | < 5% | Within limit |
About Flynas Company S.J.S.C.
Flynas Company S.J.S.C. is a prominent Saudi Arabian joint stock company specializing in passenger air transportation services. Established in 2010 and later converted to a joint stock entity, Flynas is recognized as one of the leading low-cost airlines in the Middle East and North Africa. The company provides both scheduled and non-scheduled air transport for individuals, playing a key role in enhancing air connectivity within the Kingdom of Saudi Arabia and to major…
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Frequently asked questions
Is Flynas Company S.J.S.C. (4264) halal?
Flynas Company S.J.S.C. is not compliant: its debt is over the AAOIFI limit. interest-bearing debt is 91.9% of market capitalisation (limit 30%); non-permissible (interest) income is 2.1% of revenue (limit 5%).
What makes a stock halal or haram?
Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.
How much of Flynas Company S.J.S.C.'s dividends should be purified?
About 2.1% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.
How often is this updated?
Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.