Is Coinbase Global, Inc. (COIN) Halal?

NASDAQ Financial Services United States $43.5B
✗ NOT HALAL
Confidence: 95/100
Coinbase Global, Inc. (COIN) 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 December 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

P/E Ratio
36.2
Forward: 27.4
EPS
$4.45
P/B Ratio
2.9
EV/EBITDA
23.2
EV: $38.8B
Revenue
$7.2B
Growth: -22.2%
Beta
3.7
High volatility
Current Ratio
2.3

Profitability

Gross Margin 85.2%
Operating Margin 11.3%
Net Margin 18.3%
Return on Equity (ROE) 10.1%
Return on Assets (ROA) 3.5%

Cash Flow & Balance Sheet

Operating Cash Flow$2.4B
Free Cash Flow$2.4B
Total Debt$7.8B
Debt-to-Equity53.1
Current Ratio2.3
Total Assets$29.7B

Price & Trading

Last Close$173.38
50-Day MA$188.92
200-Day MA$281.92
Avg Volume12.0M
Beta3.7
52-Week Range
$139.36
$444.65

About Coinbase Global, Inc. (COIN)

CEO
Mr. Brian Armstrong
Employees
4,951
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Country
United States
Exchange
NASDAQ
Market Cap
$43.5B
Currency
USD

Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. It provides the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers. The company was founded in 2012 and is based in New York, New York.

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Frequently Asked Questions

Is Coinbase Global, Inc. (COIN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Coinbase Global, 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 Coinbase Global, Inc.'s debt ratio?

Coinbase Global, 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 Coinbase Global, Inc.'s key financial metrics?

Coinbase Global, Inc. has a market capitalization of $43.5B, trailing P/E ratio of 36.2, and revenue of $7.2B. The company maintains a gross margin of 85.2% and a net margin of 18.3%. Return on equity stands at 10.1%.

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.