Is Spire Global, Inc. SPIR stock Halal to invest in?

Yes, as of September 2026, Spire Global, Inc. stock (SPIR) is classified as a Shariah compliant stock. The verdict comes from AAOIFI Shariah Standard No. 21, the benchmark most Islamic scholars and institutions use to screen Halal stocks. Spire Global, Inc. clears each of the four screens this month: its non-permissible income stays inside the 5% ceiling, both interest-bearing debt and interest-bearing investments stay inside the 30% caps, and there are no impermissible preference shares. The stock's current purification factor is 97.09%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Spire Global, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Spire Global, Inc. SPIR reviewed for Shariah compliance?

Tabadulat reviews Spire Global, Inc. SPIR for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Spire Global, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Spire Global, Inc. SPIR pass the AAOIFI Non Permissible Income criteria?

Yes, as of September 2026, Spire Global, Inc. stock (SPIR) passes the AAOIFI non-permissible income screen. Each month Tabadulat measures Spire Global, Inc.'s income from impermissible sources, covering Riba, conventional financial services, alcohol, gambling and tobacco, against AAOIFI's 5% revenue ceiling. The latest screening puts the company inside the limit. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Spire Global, Inc. SPIR pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of September 2026, Spire Global, Inc. stock (SPIR) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from Riba (interest). Spire Global, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Spire Global, Inc. SPIR pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of September 2026, Spire Global, Inc. stock (SPIR) passes the AAOIFI interest-bearing debt screen. The debt screen caps Riba-based borrowing, meaning conventional bank loans, bonds and similar financing, at 30% of market capitalisation, limiting a shareholder's exposure to interest-based leverage. Spire Global, Inc. is inside that limit in the latest screening. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Spire Global, Inc. SPIR stock?

As of September 2026, the dividend purification factor for Spire Global, Inc. (SPIR) is 97.09%. Purification (Tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure Halal investors use to work out that donation on Spire Global, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Spire Global, Inc. SPIR pass the AAOIFI Preference Share screen?

Yes, as of September 2026, Spire Global, Inc. stock (SPIR) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Spire Global, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

Invest Halal, Anytime, Anywhere

Download the Tabadulat app and start building your Shariah-compliant portfolio in minutes.

English

العربية

Is Spire Global (SPIR) stock Halal?

NYSE

Shariah-Compliant

Not Shariah

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. Spire Global, Inc. (SPIR) passes all four screens as of September 2026, with a dividend purification factor of 97.09%.

Sector:

Industrials

Industry:

Specialty Business Services

Employees:

439

Website:

https://spire.com

Market cap:

$484M

P/E ratio:

9.3

Dividend yield:

52-week range:

$6.60 - $25.93

Data as of:

3 September 2026

Screening history:

September 2026: PASS

Spire Global is a pioneering company positioned at the forefront of data analytics and Earth intelligence, specializing in offering satellite-based services to a variety of sectors. The primary function of Spire Global is to provide comprehensive data solutions through its proprietary constellation of small satellites, which enable real-time tracking and monitoring capabilities across global oceans, land, and airspaces. For Muslim investors, though, the most pressing question is simpler: is Spire Global a Halal investment?

Is Spire Global Shariah compliant?

For industrial companies like Spire Global, 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 Spire Global pass the business activity test?

Yes. In the September 2026 screening Spire Global holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.

Is Spire Global's income Halal?

Yes, within AAOIFI's tolerance. Spire Global's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 97.09% tells holders of SPIR what share of each dividend to keep and what remainder to donate to charity.

Does Spire Global meet AAOIFI's debt and investment ratio requirements?

Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has SPIR re-screened every month, and the result above always shows the latest verdict.

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?

Frequently asked questions

Related stocks

Mobile login screen for Tabadulat with fields to enter email, a Continue button, an option to create an account, and a language selector showing EN.

Step 1

Open your account.

Create your Tabadulat account in minutes: enter your details, complete identity verification, and add funds by secure transfer in multiple currencies. You're ready to start investing in Halal stocks the same day.

Mobile screen showing add money interface with 100 AED amount and Manual Bank Transfer payment method selected, noting 1-2 business days processing.

Step 2

Deposit.

Add funds to your account using a secure payment method. You can deposit in multiple currencies to get started.

Step 3

Screen.

Screen Stocks for Free and explore a wide range of stocks that are ethically screened for Shariah compliance. Use our Halal Stock Screener to find the best opportunities.