BlackSky Technology Inc. (BKSY) - Not Halal (Non-Compliant)
BlackSky Technology Inc. (BKSY) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Specialty Business Services
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Specialty Business Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 28.8% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 30.5% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 3.6% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.57%.Based on the company's financial statements, approximately 3.57% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.57% of total income). Some scholars may differ on the exact calculation method.
About BlackSky Technology Inc.
BlackSky Technology Inc. operates as a space-based technology company in the United States and internationally. The company offers space-based intelligence and artificial intelligence (AI) services, mission solutions, and advanced technology programs consisting of cloud computing and hosting services, direct materials to build and test specific components, and internal labor for service solutions that enhance customer adoption and operational integration of the company's technology. It also provides BlackSky Spectra, an AI-enabled software platform that processes a range of observations by integrating data from the company's proprietary satellite constellation and from other third-party sensors, such as synthetic aperture radar and radio frequency satellites, GPS-enabled terrestrial data sources, and Internet of Things-connected devices. In addition, the company offers a range of services related to object, change and anomaly detection, site monitoring, and enhanced analytics, which help detect key pattern of life changes in critical locations, including ports, airports, and construction sites; retail activity; commodities stockpiles; and other sites that contain critical commodities and supply chain inventory. Further, it develops and delivers customized advanced satellites and payload systems. The company's products and services are used in national security, supply chain resilience, economic intelligence, and other critical decision-making requirements. It serves the United States federal government and its agencies; international governments, agencies, and organizations; and the commercial and industrial infrastructure markets, including energy and utilities, insurance, commodities, mining, manufacturing, logistics, supply chain management, agriculture, environmental monitoring, disaster and risk management, engineering and construction, retail, and consumer behavior. BlackSky Technology Inc. was founded in 2014 and is headquartered in Herndon, Virginia.

