Ryanair Holdings PLC

RYAAY

Compliant
Exchange
Sector
Headquarters
Group
Ireland
Large cap

Ryanair Holdings PLC is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

1.11%

Impure Income*

$0.051

Purification*

$0.159

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Large cap
STRONG BUY
$68.75
$63.00
$76.00
4
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
25.94%
11.17%
11.55%
0.74
0.74
-392.42%

Shariah Compliance

Debt
9.21%
Non-Compliant Assets
3.10%
Impure Income
1.11%

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
12.99%
Impure Income
1.11%

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
11.81%
Impure Income
1.11%

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
12.85%
Cash
20.25%
Cash & AR
20.78%
Impure Income
1.11%

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
12.85%
Cash
20.25%
Cash & AR
20.78%
Impure Income
1.11%

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
1.11%

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

Ryanair Holdings PLC is an Ireland-based airline company. It comprises five separate airlines: Buzz, Lauda Europe (Lauda), Malta Air, Ryanair DAC and Ryanair UK Limited. It has an operating fleet of approximately 594, including Boeing 737s and Airbus A320 aircraft. The fleet comprises approximately 300 Boeing 737 MAX 10, 156 Gamechangers, 335 B737- Next Gen, and 27 A320 aircraft. It provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, duty-free, and merchandise. It markets car hire, travel insurance and accommodation services through its website and mobile application. It offers car hire services via a contract with Rental Cars. It markets car parking, fast-track, airport transfers, and attractions through online. It provides its own aircraft and passenger handling and ticketing services at Dublin Airport.

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