As of August 2026, Airasia X Bhd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Airasia X Bhd. Stock Analysis AAXBF
United States Industrials Small Cap
AirAsia X Bhd.engages in the provision of long haul air transportation services. The company is headquartered in Kuala Lumpur, Wilayah Persekutuan and currently employs 1,401 full-time employees. The company went IPO on 2013-07-10. The firm is principally engaged in providing long haul air transportation services. Its segments include Malaysia and Thailand. The company provides scheduled flights, charter flights, freight services, and ancillary services. In its scheduled flight service, tickets are valid for over 60 days, and refunds for airport tax can be claimed within six months from the travel date. The Charter flights require full upfront payment before departure. The company also provides freight services and ancillary services, such as baggage service, assigned seats, cancellations and on-board sale of meals and merchandise. Its subsidiary, AirAsia X Services Pty Ltd is engaged in the provision of management logistical and marketing services. The firm's other subsidiaries include AAX Mauritius One Limited, AAX Leasing One Ltd, AAX Leasing Two Ltd, AAX Leasing Five Ltd, AAX Leasing Eight Ltd, AAX Leasing Eighteen Ltd., and others.
Airasia X Bhd (AAXBF) Chart
Financial Metrics & Statements of Airasia X Bhd (AAXBF)
FAQ's for Airasia X Bhd (AAXBF)
As of August 2026, Airasia X Bhd AAXBF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Airasia X Bhd using these criteria to determine its compliance status.
Muslim investors may consider investing in Airasia X Bhd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Airasia X Bhd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Airasia X Bhd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Airasia X Bhd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Airasia X Bhd (AAXBF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.