Is BlackSky Technology Inc. (BKSY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 13.6% / 30% | 6.1% / 30% | 5.0% / 30% | 1.53% / 5% | ✓ HALAL |
| DJIM | 13.6% / 33% | 6.1% / 33% | 5.0% / 33% | 1.53% / 5% | ✓ HALAL |
| MSCI | 45.8% / 33% | 20.6% / 33% | 16.7% / 33% | 1.53% / 5% | ✗ NOT HALAL |
| S&P | 13.6% / 33% | 6.1% / 33% | 5.0% / 33% | 1.53% / 5% | ✓ HALAL |
| FTSE | 45.8% / 33% | 20.6% / 33% | 16.7% / 50% | 1.53% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 66.9% | |
| Operating Margin | -16.2% | |
| Net Margin | -65.9% | |
| Return on Equity (ROE) | -74.4% | |
| Return on Assets (ROA) | -9.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$22M |
| Total Debt | $116M |
| Debt-to-Equity | 220.8 |
| Current Ratio | 3.5 |
| Total Assets | $254M |
Price & Trading
| Last Close | $28.14 |
| 50-Day MA | $23.75 |
| 200-Day MA | $20.79 |
| Avg Volume | 1.4M |
| Beta | 2.5 |
|
52-Week Range
$6.15
| |
About BlackSky Technology Inc. (BKSY)
BlackSky Technology Inc. operates as a space-based technology company in the United States and internationally. The company offers space-based intelligence and artificial intelligence (AI) services, mission solutions, and advanced technology programs consisting of cloud computing and hosting services, direct materials to build and test specific components, and internal labor for service solutions that enhance customer adoption and operational integration of the company's technology. It also provides BlackSky Spectra, an AI-enabled software platform that processes a range of observations by integrating data from the company's proprietary satellite constellation and from other third-party sensors, such as synthetic aperture radar and radio frequency satellites, GPS-enabled terrestrial data sources, and Internet of Things-connected devices. In addition, the company offers a range of services related to object, change and anomaly detection, site monitoring, and enhanced analytics, which help detect key pattern of life changes in critical locations, including ports, airports, and construction sites; retail activity; commodities stockpiles; and other sites that contain critical commodities and supply chain inventory. Further, it develops and delivers customized advanced satellites and payload systems. The company's products and services are used in national security, supply chain resilience, economic intelligence, and other critical decision-making requirements. It serves the United States federal government and its agencies; international governments, agencies, and organizations; and the commercial and industrial infrastructure markets, including energy and utilities, insurance, commodities, mining, manufacturing, logistics, supply chain management, agriculture, environmental monitoring, disaster and risk management, engineering and construction, retail, and consumer behavior. BlackSky Technology Inc. was founded in 2014 and is headquartered in Herndon, Virginia.
Purification Calculator
As a halal stock with 1.53% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is BlackSky Technology Inc. (BKSY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BlackSky Technology Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is BlackSky Technology Inc.'s debt ratio?
BlackSky Technology Inc.'s debt ratio is 13.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 45.8%.
Does BlackSky Technology Inc. require dividend purification?
Yes, BlackSky Technology Inc. has an impermissible income ratio of 1.53%, which means 1.53% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are BlackSky Technology Inc.'s key financial metrics?
BlackSky Technology Inc. has a market capitalization of $862M, and revenue of $102M. The company maintains a gross margin of 66.9% and a net margin of -65.9%. Return on equity stands at -74.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.