Is Chaince Digital Holdings Inc. (CD) 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 | 64.3% | |
| Operating Margin | -196.8% | |
| Net Margin | -273.0% | |
| Return on Equity (ROE) | -6.7% | |
| Return on Assets (ROA) | -5.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$4M |
| Free Cash Flow | -$4M |
| Total Debt | $8M |
| Debt-to-Equity | 2.4 |
| Current Ratio | 25.7 |
| Total Assets | $36M |
Price & Trading
| Last Close | $3.93 |
| 50-Day MA | $5.18 |
| 200-Day MA | $7.50 |
| Avg Volume | 154K |
| Beta | 9.6 |
|
52-Week Range
$1.38
| |
About Chaince Digital Holdings Inc. (CD)
Chaince Digital Holdings Inc., a digital fintech company, provides access to the AI-powered infrastructure, blockchain, and digital assets in the United States. The company offers blockchain and digital asset solutions; and AI and HPC infrastructure, as well as liquid cooling solutions for AI data centers. It also provides broker-dealer, and investment advisory services. The company was formerly known as Mercurity Fintech Holding Inc. and changed its name to Chaince Digital Holdings Inc. in November 2025. Chaince Digital Holdings Inc. was incorporated in 2011 and is headquartered in New York, New York.
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Frequently Asked Questions
Is Chaince Digital Holdings Inc. (CD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Chaince Digital Holdings Inc. 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 Chaince Digital Holdings Inc.'s debt ratio?
Chaince Digital Holdings Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Chaince Digital Holdings Inc.'s key financial metrics?
Chaince Digital Holdings Inc. has a market capitalization of $293M, and revenue of $1M. The company maintains a gross margin of 64.3% and a net margin of -273.0%. Return on equity stands at -6.7%.
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.