RKLB
Rocket Lab USA
Is RKLB Halal?
Dual-use space systems with unresolved government end-use questions; current liquidity and disclosed interest income exceed examined limits.
What You Should Know
Rocket Lab's March 2026 cash plus marketable securities are 52.37% of assets and disclosed interest income is 5.07% of quarterly revenue. Public reporting identifies a government customer but does not allocate revenue by defense, intelligence, civilian or commercial end use.
⚠️ Concerns
- •Cash plus marketable securities exceed examined financial limits
- •Disclosed interest income is just above the examined 5% FTSE threshold
- •Government customer and dual-use launch or spacecraft end use are not allocated
- •Defense, intelligence, hypersonic, export-control and national-security contract review
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-13.
53,153 / 2,819,941
1,476,845 / 2,819,941
1,280,454 / 2,819,941
10,149 / 200,348
- Financial
- Fails
- Overall
- Fails
Cash plus marketable securities are 52.37% of total assets, above the examined 33.333% limit, and disclosed interest income is 5.07%, above the examined 5% limit. Debt is 1.88% and receivables plus cash are 45.41%.
- Financial
- Fails
- Overall
- Fails
Cash plus marketable securities are 52.37% and receivables plus cash are 45.41% of total assets, above the examined 33.33% total-assets limits.
- Financial
- Fails
- Overall
- Fails
Identifiable conventional liquidity is 52.37% of total assets, above the examined 33% limit. This is a calculation against SAC ratios, not an official SAC classification of a U.S.-listed security.
- Financial
- Not calculated
- Overall
- Not calculated
A properly licensed and reproducible historical market-cap series is not stored.
Business-activity disclosure
Rocket Lab operates launch services and space-systems businesses, including spacecraft components and spacecraft manufacturing. Commercial space and communications work can be lawful, while dual-use, defense and national-security missions require separate customer, contract and end-use review.
Limitation: Public reporting does not provide a reproducible prohibited-revenue numerator by defense, intelligence, weapons, surveillance, national-security, civilian-government or commercial end use.
Purification
Interest income is 5.07% of quarterly revenue and includes 562 of customer-financing interest, but the screened operating-revenue numerator is unavailable; this record does not prescribe a fixed purification amount.
Inputs, assumptions and primary sources
- Interest-bearing debt uses the reported convertible senior notes of 36,869, long-term borrowings of 1,716 and non-current finance lease liabilities of 14,568; finance leases are included conservatively.
- Cash and cash equivalents use 1,205,499. Interest-bearing securities use current and non-current marketable securities of 177,852 and 93,494; the filing identifies commercial paper, corporate debt, Yankee bonds, Treasury securities, certificates of deposit and asset-backed securities.
- Accounts receivable uses the reported net balance of 74,955. Contract assets are not added to this input because they are separately disclosed and are not billed accounts receivable.
- Quarterly revenue and separately reported interest income use the matching three-month period ended March 31, 2026.
- The filing reports a government customer at 36% of quarterly revenue but does not allocate revenue between commercial, civilian-government, defense, intelligence, national-security or other 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.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →