Is SkyWest, Inc. (SKYW) halal? Not Halal. Based on AAOIFI screening, SkyWest, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

SkyWest, Inc.

SKYW: Is SkyWest, Inc. Halal?

Not Halal

SkyWest, Inc.

NASDAQIndustrialsUS

$89.71

+5.29%

About SkyWest, Inc.

SkyWest, Inc. functions as a regional airline operator within the United States, managing its activities through various subsidiaries. The company organizes its business into two primary divisions: SkyWest Airlines and SkyWest Leasing. In addition to its aviation services, it also engages in leasing regional jet aircraft and spare engines to third-party clients. As of December 31, 2021, SkyWest's fleet consisted of 629 airplanes, facilitating approximately 2,080 daily scheduled departures for both passengers and cargo to destinations throughout the U.S., Canada, Mexico, and the Caribbean. The company further provides airport customer and ground handling support to other airlines. Incorporated in 1972, SkyWest, Inc. is headquartered in St. George, Utah.

Sector: Industrials 路 Industry: Airlines, Airports & Air Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap67.2% / 30.0%

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Screened: Jun 12, 2026Fiscal: Q1 2026Source: FMP

Financial Overview

Market Cap

3.6B

Price

$89.71

Sector

Industrials

Industry

Airlines, Airports & Air Services

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Frequently Asked Questions

Is SkyWest, Inc. (SKYW) halal to invest in?
SkyWest, Inc. (SKYW) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did SkyWest, Inc. get a F compliance rating?
SkyWest, Inc. (SKYW) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 67.2% (limit 30%); interest-bearing deposits of 19.9% (limit 30%); prohibited income of 1.06% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change SkyWest, Inc.'s Shariah verdict?
SkyWest, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is SkyWest, Inc. re-screened for Shariah compliance?
SkyWest, Inc. (SKYW) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 12, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.