Corporacion America Airports SA

CAAP

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Industrials
Luxembourg
Mid cap

Corporacion America Airports SA is Shariah Compliant. It passes 2/5 Shariah standards we screen against.

2.98%

Impure Income*

$0.076

Purification*

$0.076

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Mid cap
BUY
$20.38
$17.50
$21.90
2
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-1.53%
17.21%
12.07%
1.30
1.32
0.00%

Shariah Compliance

  • Updated on September 12, 2024
Debt
50.23%
✗
Non-Compliant Assets
9.43%
✓
Impure Income
2.98%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
73.60%
✗
Impure Income
2.98%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
59.52%
✗
Impure Income
2.98%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
29.94%
✓
Cash
12.90%
✓
Cash & AR
16.26%
✓
Impure Income
2.98%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
29.94%
✓
Cash
12.90%
✓
Cash & AR
16.26%
✓
Impure Income
2.98%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
2.98%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Corporacion America Airports SA is a focused on acquiring, developing and operating airport concessions. It operates approximately 52 airports globally in Latin America, Europe and Eurasia. The Company’s airports are located in Argentina, Italy, Brazil, Uruguay, Ecuador, Armenia, and Peru. The Company’s Argentine provinces serves metropolitan areas in several Argentine provinces, such as Buenos Aires, Cordoba and Mendoza and the city of Buenos Aires, tourist destinations, such as Bariloche, Mar del Plata and Iguazu, regional centers, such as Cordoba, Santa Rosa, San Luis, San Juan, La Rioja, Santiago del Estero and Catamarca and border province cities, such as Mendoza, Iguazu, Salta and Bariloche.

Found the Stock You’re Looking For? Open an Account Today!

Opening an account has never been easier! Please fill out the form here and an advisor will be in touch to walk you through the process!

Still have some further questions?

Schedule a Free Consultation