What is Spire Global, Inc.'s Shariah compliance score?

Spire Global, Inc. (SPIR) has a Shariah compliance score of 53/100 (Grade: C+, Fair) 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 Spire Global, Inc. pass AAOIFI screening?

Spire Global, Inc. (SPIR) partially passes with caution 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% (SPIR: 26.3%), (3) interest-bearing deposits below 30% (SPIR: 20.7%), and (4) prohibited income below 5% (SPIR: 1.6%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Spire Global, Inc. stock?

Spire Global, Inc. (SPIR) has a non-permissible income ratio of 1.58%. Muslim investors should purify this percentage of any dividends received and capital gains realized from SPIR 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 Spire Global, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Spire Global, Inc. (SPIR) 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 SPIR's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

SPIR: Is Spire Global, Inc. Halal?

Spire Global, Inc.

NYSEIndustrialsUS

$16.29

+1.88%

Market Cap: 530.0M

Compliance Status

Doubtful

Screened on Jul 18, 2026 · AAOIFI Standard 21

C+

Fair

53Score

Is Spire Global, Inc. (SPIR) halal? Doubtful. Based on AAOIFI screening, Spire Global, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 53/100 (Grade: C+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

26.3% of 30.0% limit

What this means for you

You may own SPIR, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purify 1.6% of your income from SPIR

That is about $1.60 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Spire Global, Inc.

Spire Global, Inc. specializes in creating advanced hardware and a sophisticated analytics platform designed to observe oceanic activities, atmospheric conditions, and weather phenomena worldwide. This enterprise provides its solutions to a diverse range of sectors, including the maritime industry, meteorological services, aviation, space operations, earth intelligence, and various government entities. A significant strategic alliance exists between Spire Global and TAC Index Limited. Founded in 2012, the company initially operated under the name Nanosatisfi, Inc., before officially adopting its current corporate identity, Spire Global, Inc., in July 2014. While its primary headquarters are situated in San Francisco, California, Spire Global also maintains additional facilities in Boulder, Colorado; Washington, D.C.; Glasgow, United Kingdom; Luxembourg; and Singapore.

Sector: Industrials · Industry: Specialty Business Services

Why This Stock Is Doubtful

Debt is 26.3% of market cap, only 3.7 points below the 30% AAOIFI 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

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Doubtfulnow
since Jul 2026
Halal
until the change above
Not Halal
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.

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Spire Global, Inc. (SPIR) halal to invest in?

Spire Global, Inc. (SPIR) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Spire Global, Inc. get a C+ compliance rating?

Spire Global, Inc. (SPIR) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 26.3% (limit 30%); interest-bearing deposits of 20.7% (limit 30%); prohibited income of 1.58% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Spire Global, Inc.'s Shariah verdict?

Spire Global, 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 Spire Global, Inc. re-screened for Shariah compliance?

Spire Global, Inc. (SPIR) 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.