DAL
Delta Air Lines Inc.
Is DAL Halal?
Air transportation is generally permissible, but onboard alcohol and a credit-card loyalty relationship require a strict qualitative review.
What You Should Know
Delta's March 31, 2026 filing reports 16.78% interest-bearing debt/assets, 5.98% identifiable liquidity/assets and 10.83% receivables-plus-cash/assets; interest income is not separately disclosed. The filing reports 2.2 billion of first-quarter American Express remuneration, while alcohol and credit-card-linked revenue are not allocated to a universal prohibited-revenue numerator.
⚠️ Concerns
- •Onboard alcohol service is direct ancillary activity
- •SkyMiles co-brand remuneration is tied to a credit-card relationship
- •Debt and finance leases remain material despite passing the examined asset ratio
- •Interest income is not separately disclosed
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.
14,164 / 84,431
5,053 / 84,431
9,143 / 84,431
- Financial
- Incomplete
- Overall
- Incomplete
Debt/assets is 16.78%, liquidity/assets is 5.98% and receivables plus cash/assets is 10.83%; the available ratios pass, but interest income is not separately disclosed and alcohol and credit-card revenue remain qualitatively incomplete.
- Financial
- Pass
- Overall
- Incomplete
The examined total-assets financial ratios pass; ancillary product and credit-card classification remains incomplete and this is not an index-membership claim.
- Financial
- Pass
- Overall
- Incomplete
Debt/assets and identifiable liquidity/assets are below the examined Malaysia SAC limits; this is a calculation against SAC ratios, not an official classification.
- Financial
- Not calculated
- Overall
- Not calculated
A properly licensed reproducible 24- or 36-month market-cap history is not stored; a spot estimate is not substituted.
Business-activity disclosure
Delta provides air transportation, cargo, maintenance and loyalty services. Transportation is generally permissible, while onboard alcohol sales and the SkyMiles co-brand relationship create direct qualitative concerns that are not allocated to a universal prohibited-revenue numerator.
Limitation: The filing reports 2.2 billion of first-quarter American Express remuneration and operating revenue categories, but does not isolate alcohol or interest-linked credit-card revenue for a universal Sharia calculation.
Purification
Interest income and prohibited ancillary revenue are not separately quantified under a universal taxonomy; ZakatInvest does not prescribe a fixed scholar-approved purification percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions from Delta's March 31, 2026 Form 10-Q.
- Interest-bearing debt includes current maturities of debt and finance leases of 3,088 plus noncurrent debt and finance leases of 11,076; operating leases are excluded.
- Cash is 5,053; the filing separately reports equity investments but does not identify them as interest-bearing securities.
- Accounts receivable is 4,090 and operating revenue is 15,854.
- Interest income is not separately disclosed; the filing reports net interest expense of 151 and investment gains/losses separately.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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