Is Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) halal? Not Halal. Based on AAOIFI screening, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Controladora Vuela Compañía de Aviación, S.A.B. de C.V.

VLRS: Is Controladora Vuela Compañía de Aviación, S.A.B. de C.V. Halal?

Not Halal

Controladora Vuela Compañía de Aviación, S.A.B. de C.V.

NYSEIndustrialsMX

$7.81

+2.36%

About Controladora Vuela Compañía de Aviación, S.A.B. de C.V.

Controladora Vuela Compañía de Aviación, S.A.B. de C.V., through its subsidiaries, Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 410 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, and 3 cities in Central America. As of December 31, 2020, it operated through a fleet of 86 aircraft. The company also offers merchandising, recruitment and payroll, travel agency, and loyalty program services. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. was incorporated in 2005 and is headquartered in Mexico City, Mexico.

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 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 Cap381.5% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 17, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

897.0M

Price

$7.81

Sector

Industrials

Industry

Airlines, Airports & Air Services

Halal Alternatives in Industrials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Aduro Clean Technologies Inc.

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Phoenix Asia Holdings Limited Ordinary Shares

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Frequently Asked Questions

Is Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) halal to invest in?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) 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 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. get a F compliance rating?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 381.5% (limit 30%); interest-bearing deposits of 76.6% (limit 30%); prohibited income of 1.58% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'s Shariah verdict?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V.'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 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. re-screened for Shariah compliance?
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) 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 17, 2026.

Screened according to AAOIFI Standard No. 21 · 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.