Is American Bitcoin Corp. (ABTC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 50.3% | |
| Operating Margin | -133.6% | |
| Net Margin | -82.7% | |
| Return on Equity (ROE) | -19.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$54M |
| Free Cash Flow | -$90M |
| Debt-to-Equity | 32.3 |
| Total Assets | $1.1B |
Price & Trading
| Last Close | $0.91 |
| 50-Day MA | $1.19 |
| 200-Day MA | $4.15 |
| Avg Volume | 13.6M |
|
52-Week Range
$0.63
| |
About American Bitcoin Corp. (ABTC)
American Bitcoin Corp., a Bitcoin accumulation platform company, focuses on building Bitcoin infrastructure platform. The company delivers institutional-grade exposure to Bitcoin through business model that integrates self-mining operations with accumulation strategies. The company is based in Miami, Florida. American Bitcoin Corp. operates as a subsidiary of Hut 8 Corp.
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Frequently Asked Questions
Is American Bitcoin Corp. (ABTC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), American Bitcoin Corp. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is American Bitcoin Corp.'s debt ratio?
American Bitcoin Corp.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are American Bitcoin Corp.'s key financial metrics?
American Bitcoin Corp. has a market capitalization of $911M. The company maintains a gross margin of 50.3% and a net margin of -82.7%. Return on equity stands at -19.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.