Satellogic Inc. (SATL) - Not Halal (Non-Compliant)
Satellogic Inc. (SATL) 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
Aerospace & Defense
Result
Doubtful
Reason
This company requires further review: the industry "Aerospace & Defense" has mixed revenue streams that require further analysis. The sector "Industrials" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
Debt Ratio
Value: 33.6% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 44.4% | Threshold: 30% | Result: Fail
Non-Permissible Income Ratio
Value: 3.7% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.70%.Based on the company's financial statements, approximately 3.70% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.70% of total income). Some scholars may differ on the exact calculation method.
About Satellogic Inc.
Satellogic Inc. operates as a vertically integrated earth observation company in Europe, the Asia Pacific, Asia, North America, and South America. The company designs, manufactures, and operates satellite systems, delivering decision-grade insights; geospatial data through its platform to identify climate change, energy supply, and food security; provides constellation-as-a-service services and space system solutions; and satellite sales and support services. It also deploys satellites with monitoring assets. The company has strategic collaboration with SynMax to develop and deliver AI-powered geospatial intelligence products for defense and intelligence customers. The company serves government, commercial customers, sovereign customers, and local partners. It has a strategic collaboration agreement with SpaceKnow to deliver planetary-scale monitoring solutions to commercial and government customers. Satellogic Inc. was founded in 2010 and is headquartered in Davidson, North Carolina.
Frequently Asked Questions
Is Satellogic Inc. (SATL) stock halal to invest in?
Screened October 20, 2026·Financials: period ended 31 Dec 2025·Balance sheet as of 30 Jun 2026
Business Activity
Warn
IndustrialsAerospace & Defense
This company requires further review: the industry "Aerospace & Defense" has mixed revenue streams that require further analysis. The sector "Industrials" is not categorically excluded, but deeper analysis is recommended.
AAOIFI Shari'ah Standard No. 21 does not list weapons or defence by name. It caps income from prohibited activities at 5% of total income (clause 3/4/4). Mizaan flags defence revenue for your information.
Based on the company's financial statements, approximately 3.70% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.70% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Satellogic Inc.
Satellogic Inc. operates as a vertically integrated earth observation company in Europe, the Asia Pacific, Asia, North America, and South America. The company designs, manufactures, and operates satellite systems, delivering decision-grade insights; geospatial data through its platform to identify climate change, energy supply, and food security; provides constellation-as-a-service services and space system solutions; and satellite sales and support services. It also deploys satellites with monitoring assets. The company has strategic collaboration with SynMax to develop and deliver AI-powered geospatial intelligence products for defense and intelligence customers. The company serves government, commercial customers, sovereign customers, and local partners. It has a strategic collaboration agreement with SpaceKnow to deliver planetary-scale monitoring solutions to commercial and government customers. Satellogic Inc. was founded in 2010 and is headquartered in Davidson, North Carolina.
United StatesNASDAQIndustrials
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Mar 23, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Satellogic Inc. (SATL) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Satellogic Inc.'s interest income ratio is 44.4% of total revenue. AAOIFI standards require this to be below 30%.
SATL is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Satellogic Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save SATL to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Satellogic Inc. require purification. Approximately 3.70% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
According to AAOIFI Shariah screening standards, Satellogic Inc. (SATL) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Satellogic Inc. have any interest income?
Satellogic Inc.'s interest income ratio is 44.4% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if SATL stock is Shariah-compliant?
SATL is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Satellogic Inc. stock reviewed for Shariah compliance?
Satellogic Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Satellogic Inc.'s compliance status?
You can save SATL to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Satellogic Inc. stock considered halal?
Dividends from Satellogic Inc. require purification. Approximately 3.70% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Satellogic Inc. shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
