Is Spire Global, Inc. (SPIR) halal? Halal. Based on AAOIFI screening, Spire Global, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 66/100 (Grade: B).

Spire Global, Inc.

SPIR: Is Spire Global, Inc. Halal?

Halal

Spire Global, Inc.

NYSEIndustrialsUS

$21.35

+3.84%

Purify ~1.6% of income

About Spire Global, Inc.

Spire Global, Inc. develops a hardware and intelligent analytics platform that tracks the oceans, skies, and weather. It serves maritime, weather, aviation, space services, earth intelligence, and federal industries. Spire Global, Inc. has a strategic partnership with TAC Index Limited. Spire Global, Inc. was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. The company was incorporated in 2012 and is based in San Francisco, California with additional offices in Boulder, Colorado; Washington, D.C.; Glasgow, United Kingdom; Luxembourg; and Singapore.

Sector: Industrials 路 Industry: Specialty Business Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
B

Acceptable

Acceptable but room for improvement

66Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap17.6% / 30.0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

  3. Halal

    until the change above

  4. Not Halal

    until the change above

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

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your SPIR Dividends

1.6% non-compliant income

SPIR has 1.6% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

694.7M

Price

$21.35

Sector

Industrials

Industry

Specialty Business Services

Free 路 No credit card required

Track SPIR and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Spire Global, Inc. (SPIR) halal to invest in?
Based on AAOIFI Standard 21 screening, Spire Global, Inc. (SPIR) is rated Halal with a compliance grade of B (Acceptable). 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 Spire Global, Inc. get a B compliance rating?
Spire Global, Inc. (SPIR) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 17.6% (limit 30%); interest-bearing deposits of 13.8% (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: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 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.