Is Starfighters Space, Inc. (FJET) Halal?

NYSE Industrials United States $266M
✓ HALAL
Confidence: 95/100
Starfighters Space, Inc. (FJET) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 3.1% against the AAOIFI threshold of 30%, Starfighters Space, Inc. comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Aerospace & Defense), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.1%
/ 30%
2.4%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 3.1%
/ 33%
2.4%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 102.6%
/ 33%
78.2%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 3.1%
/ 33%
2.4%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 102.6%
/ 33%
78.2%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-0.25
P/B Ratio
-23.9
EV/EBITDA
-26.2
EV: $176M
Revenue
$0
Current Ratio
0.3

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$4M
Free Cash Flow-$4M
Total Debt$11M
Current Ratio0.3
Total Assets$10M

Price & Trading

Last Close$6.54
50-Day MA$7.54
200-Day MA$8.85
Avg Volume2.1M
52-Week Range
$4.51
$31.50

About Starfighters Space, Inc. (FJET)

CEO
Mr. Timothy A. Franta
Sector
Industrials
Industry
Aerospace & Defense
Country
United States
Exchange
NYSE
Market Cap
$266M
Currency
USD

Starfighters Space, Inc. engages in the operation of a commercial fleet of flight-ready F-104 supersonic aircraft, Lockheed F-104 for the United States Armed Forces. It also offers pilot and astronaut training and in-flight testing related services and offers solutions for defense, civil, academic and commercial industries in the private and public sectors. The company also offers launch services and Access to Space services for commercial, academic, civil and government clients; and provides airborne testbed for hypersonic research and development, and test and evaluation services. The company was incorporated in 2022 and is based in Cape Canaveral, Florida.

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Frequently Asked Questions

Is Starfighters Space, Inc. (FJET) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Starfighters Space, 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 Starfighters Space, Inc.'s debt ratio?

Starfighters Space, Inc.'s debt ratio is 3.1% 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 102.6%.

What are Starfighters Space, Inc.'s key financial metrics?

Starfighters Space, Inc. has a market capitalization of $266M.

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.