Is Space Exploration Technologies Corp. (SPCX) halal?
Space Exploration Technologies Corp. is questionable: interest-bearing debt is 2.1% of market capitalisation (limit 30%), and non-permissible (interest) income is 2.6% of revenue (limit 5%). At least one ratio is close to its limit, so the result can change with the next report.
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 2.1% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 2.6% | < 5% | Within limit |
About Space Exploration Technologies Corp.
Space Exploration Technologies Corp. Class A represents equity in an American aerospace, telecommunications, and artificial intelligence company commonly known as SpaceX. The company designs, manufactures, and launches advanced rockets and spacecraft, providing orbital launch services for commercial, civil, and defense customers worldwide. Through its Space division, it operates reusable launch vehicles and spacecraft for satellite deployment, cargo transport, and crewed…
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Frequently asked questions
Is Space Exploration Technologies Corp. (SPCX) halal?
Space Exploration Technologies Corp. is questionable: interest-bearing debt is 2.1% of market capitalisation (limit 30%), and non-permissible (interest) income is 2.6% of revenue (limit 5%). At least one ratio is close to its limit, so the result can change with the next report.
What makes a stock halal or haram?
Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.
How much of Space Exploration Technologies Corp.'s dividends should be purified?
About 2.6% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.
How often is this updated?
Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.