What is Iridium Communications Inc.'s Shariah compliance score?

Iridium Communications Inc.'s (IRDM) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Iridium Communications Inc. pass AAOIFI screening?

Iridium Communications Inc. (IRDM) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (IRDM: 33.1%), (3) interest-bearing deposits below 30% (IRDM: 1.8%), and (4) prohibited income below 5% (IRDM: 1.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Iridium Communications Inc. stock?

Iridium Communications Inc. (IRDM) has a non-permissible income ratio of 1.15%. Muslim investors should purify this percentage of any dividends received and capital gains realized from IRDM shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Iridium Communications Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Iridium Communications Inc. (IRDM) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about IRDM's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

IRDM: Is Iridium Communications Inc. Halal?

Iridium Communications Inc.

NASDAQCommunication ServicesUS

$49.60

+3.74%

Market Cap: 5.2B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

33.1% of 30.0% limit

What this means for you

Most scholars advise not holding IRDM

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Iridium Communications Inc.

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Communication Services

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

WSHPA+

WeShop Holdings Limited Class A Ordinary Shares

$5.39

-5.11%

RDDTA+

Reddit, Inc.

$203.27

+1.16%

GSATA+

Globalstar, Inc.

$82.64

+0.18%

METAA+

Meta Platforms, Inc.

$646.01

+1.70%

CHTA+

Chunghwa Telecom Co., Ltd.

$41.44

-0.10%

More Communication Services Stocks

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Frequently Asked Questions

Is Iridium Communications Inc. (IRDM) halal to invest in?

Iridium Communications Inc. (IRDM) 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 Iridium Communications Inc. get a F compliance rating?

Iridium Communications Inc. (IRDM) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 33.1% (limit 30%); interest-bearing deposits of 1.8% (limit 30%); prohibited income of 1.15% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Iridium Communications Inc.'s Shariah verdict?

Iridium Communications 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 Iridium Communications Inc. re-screened for Shariah compliance?

Iridium Communications Inc. (IRDM) 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: Jul 18, 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.