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Shariah compliance overview

Not Halal

Globalstar, Inc. (GSAT) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Globalstar, Inc.

Globalstar, Inc. operates globally, delivering a range of mobile satellite communication solutions. Its offerings encompass two-way voice and data satellite communication, available for both mobile and fixed applications.

Globalstar, Inc. (GSAT) operates in the Communication Services sector, in the Telecommunications Services industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
13.03%Limit 5%Fail
Interest-bearing debt
9.78%Limit 30%Pass
Interest-bearing securities and assets
8.89%Limit 30%Pass
Dividend purification
13.03%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Globalstar, Inc. (GSAT). Current Akinda screening label: Not Halal.