PLTR

Palantir Technologies

DOUBTFUL — SCREEN DOES NOT PASSstock

Is PLTR Halal?

Government and commercial data platforms with unresolved high-consequence end-use questions; current liquidity exceeds examined asset limits.

What You Should Know

Palantir's March 2026 cash plus Treasury securities are 78.70% of assets. Government revenue is disclosed, but public reporting does not allocate it between defense, intelligence, civilian or other end uses.

⚠️ Concerns

  • Identifiable conventional liquidity exceeds examined financial limits
  • Government revenue is not allocated by defense, intelligence, civilian or other end use
  • Military, surveillance, targeting and high-consequence AI deployment review
  • Privacy, data protection, human rights, export-control and governance review

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-13.

USD · thousands
Interest-bearing debt / assets
0.00%Within limit
Below 33.333% under FTSE Yasaar

0 / 10,199,183

Cash + interest-bearing securities / assets
78.70%Above limit
Below 33.333% under FTSE Yasaar

8,026,413 / 10,199,183

Receivables + cash / assets
36.25%Within limit
Below 50% under FTSE Yasaar

3,697,219 / 10,199,183

Non-compliant income / revenue
4.07%Within limit
No more than 5% under FTSE Yasaar

66,394 / 1,632,583

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Cash plus interest-bearing securities are 78.70% of total assets, above the examined 33.333% limit. Debt is 0.00%, receivables plus cash are 36.25%, and interest income is 4.07%.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Cash plus interest-bearing securities are 78.70% and receivables plus cash are 36.25% of total assets, above the examined 33.33% limits.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

Identifiable conventional liquidity is 78.70% of total assets, above the examined 33% limit.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Not calculated

A properly licensed and reproducible historical market-cap series is not stored.

Business-activity disclosure

Palantir provides software platforms and services to government and commercial customers. Data analysis and operational software can have legitimate uses, while public-sector, defense, intelligence, surveillance and high-consequence decision-support uses require separate ethical and Sharia review.

Limitation: The filing reports government and commercial segments but does not disclose a screened revenue numerator for defense, intelligence, targeting, surveillance, civilian, or other end uses.

Purification

Interest income is 4.07% of quarterly revenue, but the screened operating-revenue numerator is unavailable; this record does not prescribe a fixed purification amount.

Inputs, assumptions and primary sources
  • The filing reports no outstanding debt under the revolving credit facility at March 31, 2026.
  • Cash uses 2,291,631 and marketable securities use 5,734,782; the filing identifies the available-for-sale debt securities as U.S. Treasury securities.
  • Accounts receivable use the reported 1,405,588 net balance.
  • Revenue is 1,632,583 and separately disclosed interest income is 66,394 for the matching quarter.
  • Government revenue is reported as 858,410, but the public filing does not allocate it among defense, intelligence, law enforcement, civilian, or other government end uses.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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