Harbor Diversified Inc

HRBR

Compliant
Exchange
Sector
Headquarters
Group
OTC
Industrials
USA
Micro Cap

Harbor Diversified Inc is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

2.63%

Impure Income*

$0.021

Purification*

$0.073

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
0
$0.00
0
-98.31%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-12.28%
-8.49%
3.66
3.82
0.00%

Shariah Compliance

  • Updated on July 21, 2026
Debt
4.3%
✓
Non-Compliant Assets
98.74%
✗
Impure Income
2.63%
✓

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
6.35%
✓
Impure Income
2.63%
✓

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
7.69%
✓
Impure Income
2.63%
✓

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
2.09%
✓
Cash
7.83%
✓
Cash & AR
11.44%
✓
Impure Income
2.63%
✓

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
2.09%
✓
Cash
7.83%
✓
Cash & AR
11.44%
✓
Impure Income
2.63%
✓

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
2.63%

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

Harbor Diversified, Inc. is a non-operating holding company that is the parent of a consolidated group of subsidiaries, including AWAC Aviation, Inc. (AWAC), which is the sole member of Air Wisconsin Airlines LLC (Air Wisconsin), which is a regional air carrier. Its primary business consists of serving American Airlines, Inc. (American) and its customers through Air Wisconsin’s provision of regional airline services. Air Wisconsin owns around 63 CRJ-200 regional jets, each of which is configured for single class seating. The CRJ-200 regional jet offers many of the capabilities and amenities of larger commercial jet aircraft, including flight attendant service and a stand-up cabin. It is also the direct parent of three other subsidiaries: Lotus Aviation Leasing, LLC, which leases flight equipment to Air Wisconsin, Air Wisconsin Funding LLC, which provides flight equipment financing to Air Wisconsin, and Harbor Therapeutics, Inc., which is a non-operating entity with no material assets.