Is MDA Space Ltd. MDA stock halal to invest in?

Yes, as of August 2026, MDA Space Ltd. stock (MDA) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. MDA Space Ltd. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 99.79%. 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 MDA Space Ltd. and explore other Shariah compliant stocks in the Tabadulat app.

How often is MDA Space Ltd. MDA reviewed for Shariah compliance?

Tabadulat reviews MDA Space Ltd. MDA 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 MDA Space Ltd. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 MDA Space Ltd. MDA pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, MDA Space Ltd. stock (MDA) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. MDA Space Ltd.'s income from non-permissible sources is currently within this 5% threshold. 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 MDA Space Ltd. MDA pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, MDA Space Ltd. stock (MDA) 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). MDA Space Ltd.'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 MDA Space Ltd. MDA pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, MDA Space Ltd. stock (MDA) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. MDA Space Ltd.'s interest-bearing debt is currently within the 30% threshold. 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 MDA Space Ltd. MDA stock?

As of August 2026, the dividend purification factor for MDA Space Ltd. (MDA) is 99.79%. 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 MDA Space Ltd. 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 MDA Space Ltd. MDA pass the AAOIFI Preference Share screen?

Yes, as of August 2026, MDA Space Ltd. stock (MDA) 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. MDA Space Ltd. 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.

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MDA Space Ltd.

TSX

Shariah-Compliant

Not Shariah

MDA

About

MDA Space Ltd.

MDA

MDA Space Ltd. is a renowned leader in the high-technology aerospace industry, specializing in providing advanced solutions for geospatial data, satellite systems, and robotics. The company's primary function is to develop and deliver sophisticated space and defense technologies, which have applications in observation, communication, and exploration. MDA plays a crucial role in supporting vital sectors such as defense, weather, mapping, and maritime operations, helping governments and commercial enterprises enhance their capabilities through space technology. MDA Space Ltd. is known for its cutting-edge radar satellites and expertise in robotics used in space missions, like the Canadarm on space shuttles. Its prowess in providing satellite communication systems facilitates vital connections across continents and oceans, while geospatial imagery aids in resource management, environmental monitoring, and infrastructure planning. As a major player in space and defense technology, MDA contributes significantly to global innovation, enhancing satellite capabilities and supporting international space missions. Its advancements have far-reaching impacts, shaping the future of satellite technology and contributing to national security and scientific discovery.

Sector:

Industrials

Industry:

Aerospace & Defense

Employees:

3800

Website:

https://mda.space

MDA

Frequently asked questions

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MDA Space Ltd.

About

MDA Space Ltd.

MDA

Frequently asked questions

Is MDA Space Ltd. MDA stock halal to invest in?

How often is MDA Space Ltd. MDA reviewed for Shariah compliance?

Does MDA Space Ltd. MDA pass the AAOIFI Non Permissible Income criteria?

Does MDA Space Ltd. MDA pass the AAOIFI Interest Bearing Investments criteria?

Does MDA Space Ltd. MDA pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for MDA Space Ltd. MDA stock?

Does MDA Space Ltd. MDA pass the AAOIFI Preference Share screen?

How do I buy MDA Space (MDA) stock?

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