Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide through its Leasing and Related Operations, and Spare Parts Sales segments. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, while the Spare Parts Sales segment purchases and resells after-market engine parts, whole engines, engine modules, and portable aircraft components. As of December 31, 2021, it had a total lease portfolio of 304 engines, 12 aircraft, one marine vessel, and other leased parts and equipment, and managed a total lease portfolio of 475 engines, aircraft, and related equipment for other parties.
Frequently asked questions
Is Willis Lease Finance Corporation (WLFC) stock halal to invest in?
As of , WLFC is not Shariah-compliant and is therefore not considered a halal investment. This assessment is based on the data available in Willis Lease Finance Corporation's most recent financial reports.
Does Willis Lease Finance Corporation have any interest income?
No, Willis Lease Finance Corporation has not reported any interest income. According to the company's latest annual
report for the fiscal year ending Dec 31, 2025, Willis Lease Finance Corporation reported total revenue
of 675838000, with no separate interest income disclosed. However,
it's worth noting that some companies may report interest income as part of their revenue. For a detailed
breakdown of all interest income and revenue segments, please refer to the full Shariah compliance
report available in the Zoya app.
What guidelines are used to determine if Willis Lease Finance Corporation stock is Shariah-compliant?
We use the guidelines set by the Accounting and Auditing Organization for Islamic Financial Institutions
(AAOIFI) to assess Shariah compliance. AAOIFI is a leading international organization that establishes
standards for Islamic finance. Their guidelines help determine if a company's business activities and
financial structure align with Islamic principles. These standards are widely respected in the Islamic
finance industry and provide a consistent framework for evaluating the Shariah compliance of stocks and
other financial instruments. AAOIFI's Shariah board includes renowned scholars such as Sheikh Muhammad
Taqi Usmani, Sheikh Mohamed Ali Elgari, Sheikh Abdullah AlManea, Sheikh Nizam Yaquby, and Dr. Aznan Hassan.
How often is Willis Lease Finance Corporation stock reviewed for Shariah compliance?
The Shariah compliance status of Willis Lease Finance Corporation stock is reviewed on a regular basis, with a minimum
frequency of once per quarter. However, if there are any significant changes or major developments
in the company's operations that may impact its compliance, an immediate review will be conducted to
ensure ongoing adherence to Shariah principles.
How can I stay updated on Willis Lease Finance Corporation's compliance status?
To stay informed, we recommend regularly checking Zoya for updates. You can also enable alerts within
the Zoya app to receive notifications whenever there is a change in the Shariah compliance of WLFC,
or any other stocks you are monitoring. This is particularly useful as Shariah compliance can fluctuate
due to changes in a company's financial ratios or business activities.
Are dividends from Willis Lease Finance Corporation stock considered halal?
No, dividends from WLFC are not considered halal because the stock is currently not
Shariah-compliant. When a stock is non-compliant, any dividends received from it are considered
impermissible income and should be donated to charity as a form of purification. To learn more about
the purification process and how to handle impermissible income, read
our comprehensive guide.
Do I need to pay Zakat on my Willis Lease Finance Corporation shares?
If you hold Willis Lease Finance Corporation stock as an investment, through an Employee Stock Ownership
Plan (ESOP), stock options, restricted stock units (RSUs), or any other form of stock ownership, and
meet the Nisab threshold, you may be required to pay Zakat on it. The calculation of Zakat on investments
can be complex and depends on various factors. To help make this easy, we've created a free
Zakat calculator for stocks. For a more
seamless experience, use the Zoya mobile app, where you can link your brokerage account to
automatically import holdings.
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