LUNR
Intuitive Machines, Inc.
Is LUNR Halal?
Space exploration, lunar landing services, and government space contracts — a permissible aerospace business with limited interest-bearing debt.
What You Should Know
Intuitive Machines, Inc. provides lunar landing, orbital, and space-infrastructure services, primarily under contracts with NASA and other government and commercial customers, including its Nova-C lunar lander missions. Designing spacecraft and delivering space-transportation and data services is a permissible aerospace activity with no haram revenue line. The company is at an early commercial stage with a contract-backed revenue base and funds itself largely through equity, carrying limited interest-bearing debt, so it passes the debt screen. The caveats are early-stage volatility, inconsistent profitability, and interest income on cash that should be checked against the 5% threshold and purified.
⚠️ Concerns
- •Intuitive Machines is an early-stage company with lumpy, milestone-driven revenue and inconsistent profitability — the activity is permissible, but re-screen the financials periodically
- •Interest income on its cash balance should be confirmed against the 5% threshold and the corresponding portion of returns purified
- •Monitor any future interest-bearing debt or equity-linked financing against the 33% debt-to-market-cap threshold
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