
PL: Is Planet Labs PBC Halal?
Planet Labs PBC
$48.09
+3.51%
Market Cap: 15.5B
Compliance Status
Doubtful
Screened on Sep 3, 2026 · AAOIFI Standard 21
Acceptable
Is Planet Labs PBC (PL) halal? Doubtful. Based on AAOIFI screening, Planet Labs PBC passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 62/100 (Grade: B).
Quote this verdict
HalalScreener rates Planet Labs PBC (PL) Doubtful, 62/100, grade B under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/PL
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own PL, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened PL's prohibited income, but the exact share you would need to purify is part of Pro.
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
Why This Stock Is Doubtful
- Non-compliant income is 4.7% of revenue, only 0.3 points below the 5% limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Aug 2026
Not Halal
until the change above
Doubtful
until the change above
Halal
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.