What is Planet Labs PBC's Shariah compliance score?

Planet Labs PBC (PL) has a Shariah compliance score of 76/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Planet Labs PBC pass AAOIFI screening?

Planet Labs PBC (PL) passes 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% (PL: 5.1%), (3) interest-bearing deposits below 30% (PL: 7.1%), and (4) prohibited income below 5% (PL: 2.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Planet Labs PBC stock?

Planet Labs PBC (PL) has a non-permissible income ratio of 2.84%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PL 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 Planet Labs PBC for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Planet Labs PBC (PL) 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 PL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PL: Is Planet Labs PBC Halal?

Planet Labs PBC

NYSEIndustrialsUS

$48.09

+3.51%

Market Cap: 15.5B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

B+

Good

76Score

Is Planet Labs PBC (PL) halal? Halal. Based on AAOIFI screening, Planet Labs PBC passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 76/100 (Grade: B+).

AvoidBorderlineClean

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%.

5.1% of 30.0% limit

What this means for you

You can own PL

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 2.8% of your income from PL

That is about $2.80 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Planet Labs PBC

Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence geospatial data delivered to customers through an online platform worldwide. The company offers Open Geospatial Consortium, a cloud-native proprietary technology that performs critical processing and overall harmonizing of images for time series and data fusion and analysis; and space-based hardware and related software systems. It serves agriculture, mapping, forestry, and finance and insurance, as well as federal, state, and local government bodies. The company was incorporated in 2010 and is headquartered in San Francisco, California.

Sector: Industrials · Industry: Aerospace & Defense

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above

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

Fiscal: Q1 2027Data source: EDGAR

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Frequently Asked Questions

Is Planet Labs PBC (PL) halal to invest in?

Based on AAOIFI Standard 21 screening, Planet Labs PBC (PL) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Planet Labs PBC get a B+ compliance rating?

Planet Labs PBC (PL) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.1% (limit 30%); interest-bearing deposits of 7.1% (limit 30%); prohibited income of 2.84% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Planet Labs PBC's Shariah verdict?

Planet Labs PBC'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 Planet Labs PBC re-screened for Shariah compliance?

Planet Labs PBC (PL) 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 17, 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.