Is Palantir Technologies Inc. (PLTR) stock halal?

No. Palantir Technologies Inc. fails Shariah screening — it breaches the AAOIFI financial-ratio limits (see the screen table on this page for the dated figures). Screened alternatives in the same sector are listed in our halal ETF and stock screener guides.

Does Palantir Technologies Inc. pass the AAOIFI financial ratio screen?

As of 2026-03-31: interest-bearing debt is 0.1% of market cap (limit < 30%) — pass; cash plus interest-bearing securities is 2.7% (limit < 30%) — pass. The impermissible-income ratio (< 5% limit) is verified manually against the filing. Ratios are recomputed as new filings and prices move.

Is Palantir Technologies Inc. held in halal ETFs like SPUS or HLAL?

No — as of our last check, Palantir Technologies Inc. is not held by SPUS or HLAL. Absence can reflect a failed screen or index scope, so we report it as a signal rather than a ruling.

What are halal alternatives to Palantir Technologies Inc. stock?

You can get similar sector exposure through individually screened stocks (use a halal stock screener to verify current compliance) or through Shariah-screened ETFs such as SPUS or HLAL, which exclude companies that fail the business or ratio screens and handle purification reporting.

Is Palantir Technologies Stock Halal? Palantir Technologies Inc. (PLTR) does not pass Shariah screening: impermissible income / total revenue is 5.1% against the < 5% limit (data as of 2026-03-31). It is not held by Shariah-screened ETFs SPUS or HLAL. Screened alternatives exist in the same sector — see the halal stock screeners and ETF guides below. Reviewed 2026-06-14. Published by HalalWallet.

Is Palantir Technologies Stock Halal?

Q: Is Palantir Technologies Stock Halal?

Not Halal: Palantir Technologies Inc. (PLTR) does not pass Shariah screening: impermissible income / total revenue is 5.1% against the < 5% limit (data as of 2026-03-31). It is not held by Shariah-screened ETFs SPUS or HLAL. Screened alternatives exist in the same sector — see the halal stock screeners and ETF guides below. (Financial data as of 2026-03-31; basis: AAOIFI Shariah standards.)

Q: Is Palantir Technologies Inc. held in halal ETFs like SPUS or HLAL?

No — as of our last check, Palantir Technologies Inc. is not held by SPUS or HLAL. Absence can reflect a failed screen or index scope, so we report it as a signal rather than a ruling.

Q: What are halal alternatives to Palantir Technologies Inc. stock?

You can get similar sector exposure through individually screened stocks (use a halal stock screener to verify current compliance) or through Shariah-screened ETFs such as SPUS or HLAL, which exclude companies that fail the business or ratio screens and handle purification reporting.

Palantir Technologies Inc. · PLTR · NASDAQ

Not HalalNot permissible

Palantir Technologies Inc. (PLTR) does not pass Shariah screening: impermissible income / total revenue is 5.1% against the < 5% limit (data as of 2026-03-31). It is not held by Shariah-screened ETFs SPUS or HLAL. Screened alternatives exist in the same sector — see the halal stock screeners and ETF guides below.

Financial data as of 2026-03-31 · Screening basis: AAOIFI · Last reviewed 2026-06-14

Our Analysis

Palantir's business model raises none of the classic riba issues: it sells software platforms and related services, and its 10-K shows $4.48 billion of 2025 revenue from licensing and subscriptions, not from lending, interest, or financial products. On a pure revenue-mechanics screen, that is a clean profile.

The considerations for a Muslim investor are instead about who the customers are and what the software does. Fifty-four percent of 2025 revenue came from government customers, including US defense and intelligence agencies, and US government revenue alone was $1.86 billion. Palantir's contracts with ICE have generated years of public controversy, and its growing defense work (weapons-adjacent AI targeting systems among them) is relevant to investors who apply ethical screens beyond AAOIFI's standard prohibited-industry list. Mainstream Shariah screening does not automatically exclude defense contractors, so different scholars and platforms can reasonably land in different places on Palantir depending on how they weigh these factors.

It is worth noting that although Palantir is in the S&P 500, it does not appear in the current SPUS holdings (June 11, 2026), and it is also absent from HLAL (February 28, 2026 SEC-filed holdings). Neither fund publishes stock-by-stock reasons, so we cannot say whether the exclusions reflect financial-ratio screens (such as debt or liquidity thresholds), index methodology, or other criteria. Investors should check a live screener for the current compliance verdict and separately decide how they weigh the government and surveillance contract profile.

Business Activity Screen

Pass· impermissible revenue ≈ 5.1% (AAOIFI limit < 5%)

Palantir Technologies builds data-integration and AI software platforms (Gotham, Foundry, AIP) for government and commercial customers. Per its FY2025 10-K, total revenue was $4.48 billion, of which 54% ($2.40 billion) came from government-segment customers and 46% ($2.07 billion) from commercial customers; US government revenue was $1.86 billion in 2025.

Palantir's revenue is software licensing and services, with no disclosed lending or interest-based product revenue; no financing-income line was verified, so that field is effectively null. The Shariah/ethical questions are about customers rather than revenue mechanics: a majority of revenue (54% in 2025) comes from government work, which includes defense and intelligence agencies, and Palantir has publicly known contracts with US Immigration and Customs Enforcement (ICE) that have drawn sustained public controversy. Some scholars and values-based screens weigh defense and surveillance work as an ethical exclusion even where the income itself is not riba; standard AAOIFI business screens do not prohibit defense software per se. Note that Palantir is in the S&P 500 but is absent from the current SPUS holdings, and is absent from HLAL's holdings; the funds do not publish per-stock reasons, so the cause of exclusion (financial ratios vs other criteria) is not verifiable.

Financial Ratio Screen

Screen	Value	AAOIFI limit	Result
Interest-bearing debt / market cap	0.1%	< 30%	Pass
Cash + interest-bearing securities / market cap	2.7%	< 30%	Pass
Impermissible income / total revenueInterest income only — verify other impermissible revenue lines in the 10-K	5.1%	< 5%	Fail

Spot market cap at research date (consider trailing average for borderline names). Data as of 2026-03-31 · thresholds per AAOIFI Shariah standards.

This verdict uses the AAOIFI standard — the most widely used and, at a 30% debt limit, the most conservative mainstream Shariah standard. Interest-bearing debt and interest-bearing securities each stay under 30% of market cap, and impermissible income under 5% of revenue. Other standards (Dow Jones Islamic, S&P Shariah, MSCI Islamic, FTSE Yasaar) use ~33% limits or screen against total assets, so a borderline company can be rated differently by each. How we screen & why screeners disagree →

How Palantir Technologies screens across Shariah standards

The standards disagree on this company. It passes some Shariah screens and fails others — which is exactly why you may see a different answer in different apps. Our headline verdict uses AAOIFI, the strictest and most widely cited mainstream standard.

Standard	Debt	Cash & interest securities	Limit / basis	Result
AAOIFI (our standard)	0.1%	2.7%	< 30% of market cap	Pass
Dow Jones Islamic / S&P Shariah thresholdDow Jones and S&P apply this limit against a trailing 24–36-month average market cap; shown here on the same point-in-time market cap for comparison.	0.1%	2.7%	< 33% of market cap	Pass
MSCI Islamic / FTSE Yasaar basisTotal-assets denominator. MSCI/FTSE also apply entry/exit buffers and a receivables screen we do not reproduce.	2.1%	78.7%	< 33.33% of total assets	Fail

HalalWallet computation reproducing each standard's threshold and denominator from public filings (balance sheet as of 2026-03-31) — not the providers' licensed index determinations, which can differ. Debt is interest-bearing borrowings (operating leases excluded). The impermissible-income screen (< 5% of revenue) is common to all of these standards and is shown in the ratio table above. Dow Jones and S&P apply their limit against a trailing 24–36-month average market cap; MSCI and FTSE add entry/exit buffers and a receivables screen. Full methodology →

These companies pass under some mainstream standards and fail under others — the same pattern as this verdict. That is why two apps can show different answers.

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