GSAT – Globalstar Inc

Compliant

Globalstar Inc is Shariah Compliant.

Globalstar, Inc. provides mobile satellite services (MSS) including voice and data communications services through its global satellite network. The Company offers voice and data communication services over its network of in-orbit satellites and its active ground stations (gateways), which it refers to as the Globalstar System. In addition to supporting Internet of things (IoT) data transmissions in a variety of applications, it provides connectivity in areas not served or underserved by terrestrial wireless and wireline networks. It offers two-way voice communication and data transmission via the GSP-1600 and GSP-1700 phones (Duplex). The Company offers one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X , SPOT Gen4 and SPOT Trace, that transmit messages and the location of the device (SPOT). It also provides satellite network access and related services.

AAOIFI ✓

Debt ÷ Market cap (MC)14.05
Non-Compliant Assets ÷ MC
Impure Income (incl. Interest)
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