
Is Momentus (MNTS) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Momentus, Inc. (MNTS) does not meet the threshold for the interest-bearing investments screen as of September 2026, so it is not Shariah compliant.
Momentus is a U.S.-based company operating in the aerospace and defense sectors. Its primary mission is to provide commercial in-space infrastructure services, with a focus on satellite relocation and transportation. Momentus offers innovative propulsion solutions designed to maximize efficiency and minimize costs for satellite operators. Its Vigoride transfer vehicle plays a crucial role in the company's service offerings, enabling satellites to reach their intended orbits post-launch, thus optimizing the deployment and operational sustainability of satellite constellations. For Muslim investors, though, the most pressing question is simpler: is Momentus a Halal investment?
Is Momentus Shariah compliant?
For industrial companies like Momentus, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does Momentus pass the business activity test?
The activity screen is only part of the picture this month: Momentus currently fails the interest-bearing investments screen, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Momentus' income Halal?
Yes, within AAOIFI's tolerance. Momentus' income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Momentus meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



