Is BIT ORIGIN Ltd (BTOG) Halal?

NASDAQ Financial Services Singapore $3M
✗ NOT HALAL
Confidence: 95/100
BIT ORIGIN Ltd (BTOG) is Not Halal under AAOIFI Standard 21 due to its classification in the Financial Data & Stock Exchanges industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL
DJIM Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL
MSCI Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL
S&P Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL
FTSE Excluded — Financial Data & Stock Exchanges ✗ NOT HALAL

Financial Highlights

EPS
$-16.80
P/B Ratio
0.6
EV/EBITDA
-0.7
EV: $1M
Revenue
$3M
Beta
2.0
High volatility
Current Ratio
9.5

Profitability

Gross Margin 100.0%
Operating Margin -2747.4%
Net Margin 0.0%
Return on Equity (ROE) -319.9%
Return on Assets (ROA) -36.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$8M
Free Cash Flow-$8M
Current Ratio9.5

Price & Trading

Last Close$2.40
50-Day MA$3.08
200-Day MA$15.82
Avg Volume92K
Beta2.0
52-Week Range
$2.14
$60.60

About BIT ORIGIN Ltd (BTOG)

CEO
Mr. Jinghai Jiang
Employees
5
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Country
Singapore
Exchange
NASDAQ
Market Cap
$3M
Currency
USD

Bit Origin Ltd engages in the cryptocurrency mining business. It deploys crypto asset mining and blockchain technologies. The company was formerly known as China Xiangtai Food Co., Ltd. and changed its name to Bit Origin Ltd in April 2022. Bit Origin Ltd was incorporated in 2018 and is based in Singapore, Singapore.

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Frequently Asked Questions

Is BIT ORIGIN Ltd (BTOG) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BIT ORIGIN Ltd 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 BIT ORIGIN Ltd's debt ratio?

BIT ORIGIN Ltd's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are BIT ORIGIN Ltd's key financial metrics?

BIT ORIGIN Ltd has a market capitalization of $3M, and revenue of $3M. Return on equity stands at -319.9%.

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.