FJETNot HalalF
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Compliance Status

Not Halal

Screened on Oct 15, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Starfighters Space Inc (FJET) halal? Not Halal. Based on AAOIFI screening, Starfighters Space Inc passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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HalalScreener rates Starfighters Space Inc (FJET) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 15, 2026. Source: https://halalscreener.app/en/stock/FJET

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.6% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding FJET

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Starfighters Space Inc

FJET: Is Starfighters Space Inc Halal?

Starfighters Space Inc

AMEXIndustrialsUS

$1.11

Market Cap: 61.0M

Screened on a market cap of 76.4M

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About Starfighters Space Inc

Starfighters Space Inc. specializes in operating a privately owned fleet of operational Lockheed F-104 supersonic jets, primarily providing services to the United States Armed Forces. The company also offers specialized training programs for pilots and astronauts, along with comprehensive in-flight testing capabilities. They deliver tailored solutions across diverse sectors, including defense, civil, academic, and commercial industries, serving both private entities and public organizations. Additionally, Starfighters Space Inc. facilitates launch services and "Access to Space" capabilities for a broad clientele encompassing commercial enterprises, academic institutions, civil agencies, and government entities. The company further furnishes an advanced airborne testbed, essential for accelerating hypersonic research, development, and rigorous test and evaluation activities. Established in 2022, the company is headquartered in Cape Canaveral, Florida.

Sector: Industrials · Industry: Aerospace & Defense

Why this does not pass

  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 15, 2026

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Screened according to AAOIFI Standard 21

Compliance History

  1. Not Halalnow

    since Oct 2026

  2. Under Review

    until the change above

  3. Halal

    until the change above

  4. Under Review

    until the change above

  5. Halal

    until the change above

  6. Not Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: FMP
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Frequently Asked Questions

Is Starfighters Space Inc (FJET) halal to invest in?
Starfighters Space Inc (FJET) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Starfighters Space Inc get a F compliance rating?
Starfighters Space Inc (FJET) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Starfighters Space Inc's Shariah verdict?
Starfighters Space Inc's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Starfighters Space Inc re-screened for Shariah compliance?
Starfighters Space Inc (FJET) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Oct 15, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.