Is Iridium Communications Inc. (IRDM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 69.9% / 30% | 3.8% / 30% | 3.7% / 30% | 0.33% / 5% | ✗ NOT HALAL |
| DJIM | 69.9% / 33% | 3.8% / 33% | 3.7% / 33% | 0.33% / 5% | ✗ NOT HALAL |
| MSCI | 69.6% / 33% | 3.8% / 33% | 3.7% / 33% | 0.33% / 5% | ✗ NOT HALAL |
| S&P | 69.9% / 33% | 3.8% / 33% | 3.7% / 33% | 0.33% / 5% | ✗ NOT HALAL |
| FTSE | 69.6% / 33% | 3.8% / 33% | 3.7% / 50% | 0.33% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 71.5% | |
| Operating Margin | 25.9% | |
| Net Margin | 13.1% | |
| Return on Equity (ROE) | 22.0% | |
| Return on Assets (ROA) | 5.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $400M |
| Free Cash Flow | $300M |
| Total Debt | $1.8B |
| Debt-to-Equity | 387.1 |
| Current Ratio | 2.5 |
| Total Assets | $2.5B |
Price & Trading
| Last Close | $28.31 |
| 50-Day MA | $22.99 |
| 200-Day MA | $22.05 |
| Avg Volume | 2.2M |
| Beta | 0.6 |
|
52-Week Range
$15.65
| |
About Iridium Communications Inc. (IRDM)
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and foreign governments, non-governmental organizations, and consumers in the United States, Canada, and internationally. The company offers mobile satellite communications services for land mobile end users and aviation sectors; broadband terminals, embedded devices, and handsets for merchant shipping, fishing, leisure and research vessels, and specialized watercraft; satellite-based IoT services; hosted payload and other data services; and other data services and engineering services. It also provides postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; Internet of Things (IoT); and satellite time and location services. In addition, the company offers personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; and mobile communications and data devices for the military and other government agencies, such as secure satellite handsets; and maintenance services for the U.S. government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; and various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, and charging units. The company sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and value-added manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.
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Frequently Asked Questions
Is Iridium Communications Inc. (IRDM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Iridium Communications Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Iridium Communications Inc.'s debt ratio?
Iridium Communications Inc.'s debt ratio is 69.9% 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 69.6%.
What are Iridium Communications Inc.'s key financial metrics?
Iridium Communications Inc. has a market capitalization of $2.9B, trailing P/E ratio of 26.4, and revenue of $872M. The company maintains a gross margin of 71.5% and a net margin of 13.1%. Return on equity stands at 22.0%.
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.