Is RKLB halal?

What the company does

Rocket Lab launches satellites on its Electron small rocket, is developing the Neutron medium rocket, and sells satellite components and complete spacecraft (about 70% of revenue). Customers are NASA, commercial and military (checked by the screener).

What was checked

The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.

• Business activity

  Activity needs clarification: Aerospace & Defense

• Interest-bearing debt / market cap

  limit 30%

  Interest-bearing debt $29.31M ÷ 36-month average market cap $20.41B = 0.1%

  0.1%

  Pass

• Cash & investments / market cap

  limit 30%

  Cash + interest-bearing securities $2.39B ÷ 36-month average market cap $20.41B = 11.7%

  11.7%

  Pass

• Non-compliant income / total revenue

  limit 5%

  Interest income $25.51M ÷ annual revenue $601.80M (2025) = 4.2%

  4.2%

  Pass

Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $33.74B.

For information (AAOIFI 3/1 note): cash + receivables are 60.6% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.

In the lists

In the S&P 500

Not in the S&P 500

Held by funds

Not held by any tracked fund