Is BitVentures Ltd (BVC) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 1.1% / 30% | 0.0% / 30% | 0.32% / 5% | ✓ HALAL |
| DJIM | 0.1% / 33% | 1.1% / 33% | 0.0% / 33% | 0.32% / 5% | ✓ HALAL |
| MSCI | 7.8% / 33% | 79.5% / 33% | 0.0% / 33% | 0.32% / 5% | ✗ NOT HALAL |
| S&P | 0.1% / 33% | 1.1% / 33% | 0.0% / 33% | 0.32% / 5% | ✓ HALAL |
| FTSE | 7.8% / 33% | 79.5% / 33% | 0.0% / 50% | 0.32% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -94.2% | |
| Return on Assets (ROA) | -17.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3M |
| Free Cash Flow | $3M |
| Total Debt | $1M |
| Current Ratio | 62.6 |
| Total Assets | $17M |
Price & Trading
| Last Close | $8.83 |
| 50-Day MA | $8.26 |
| 200-Day MA | $3.25 |
| Avg Volume | 318K |
| Beta | -1.0 |
|
52-Week Range
$0.44
| |
About BitVentures Ltd (BVC)
BitVentures Limited a technology company, develops early-stage technology businesses. It provides client referral services to external financial product partners. The company also offers insurance products which includes life insurance products, such as individual whole life, term life, health insurance, and universal life insurance; annuity insurance products; and critical illness insurance products, including personal accident insurance products. The company was formerly known as Santech Holdings Limited and changed its name to BitVentures Limited in December 2025. BitVentures Limited was incorporated in 2019 and is based in Central, Hong Kong. BitVentures Limited operates as a subsidiary of Carmel Holdings Limited.
Purification Calculator
As a halal stock with 0.32% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is BitVentures Ltd (BVC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BitVentures Ltd is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is BitVentures Ltd's debt ratio?
BitVentures Ltd's debt ratio is 0.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 7.8%.
Does BitVentures Ltd require dividend purification?
Yes, BitVentures Ltd has an impermissible income ratio of 0.32%, which means 0.32% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are BitVentures Ltd's key financial metrics?
BitVentures Ltd has a market capitalization of $1.6B, and revenue of $22M. Return on equity stands at -94.2%.
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.