Is Core Scientific, Inc./tx (CORZ) Halal?

NASDAQ Technology United States $4.8B
✓ HALAL
Confidence: 95/100
Core Scientific, Inc./tx (CORZ) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 24.8% against the AAOIFI threshold of 30%, Core Scientific, Inc./tx comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Infrastructure), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 24.8%
/ 30%
6.6%
/ 30%
7.2%
/ 30%
1.03%
/ 5%
✓ HALAL
DJIM 24.8%
/ 33%
6.6%
/ 33%
7.2%
/ 33%
1.03%
/ 5%
✓ HALAL
MSCI 49.5%
/ 33%
13.3%
/ 33%
14.4%
/ 33%
1.03%
/ 5%
✗ NOT HALAL
S&P 24.8%
/ 33%
6.6%
/ 33%
7.2%
/ 33%
1.03%
/ 5%
✓ HALAL
FTSE 49.5%
/ 33%
13.3%
/ 33%
14.4%
/ 50%
1.03%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.88
P/B Ratio
-4.9
EV/EBITDA
-52.2
EV: $5.6B
Revenue
$319M
Growth: -16.0%
Beta
6.9
High volatility
Current Ratio
1.1

Profitability

Gross Margin 17.1%
Operating Margin -78.5%
Net Margin -90.5%
Return on Assets (ROA) -5.8%

Cash Flow & Balance Sheet

Operating Cash Flow$278M
Free Cash Flow-$461M
Total Debt$1.2B
Current Ratio1.1
Total Assets$2.3B

Price & Trading

Last Close$15.79
50-Day MA$17.17
200-Day MA$16.18
Avg Volume11.1M
Beta6.9
52-Week Range
$6.20
$23.63

About Core Scientific, Inc./tx (CORZ)

CEO
Mr. Adam Sullivan
Employees
325
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NASDAQ
Market Cap
$4.8B
Currency
USD

Core Scientific, Inc. provides infrastructure for high-density colocation services and digital asset mining in the United States. It operates through three segments: Colocation, Digital Asset Self-Mining, and Digital Asset Hosted Mining. The company offers space, power, cooling, facilities operations, security, and other services to third-party customers to support workloads for machine learning and artificial intelligence; deployment, monitoring, troubleshooting, optimization, and maintenance of its customers' digital asset mining equipment; and electrical power, repair, and other infrastructure services for its customers to operate, maintain, and mine digital assets. It is also involved in the deployment and operation of its fleet of miners within its digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks to receive digital assets in the form of bitcoin. It also deploys and operates its fleet of miners within its digital infrastructure as part of a pool of users that process transactions conducted on one or more blockchain networks; and provides hosting services for digital asset mining customers, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.

Purification Calculator

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Frequently Asked Questions

Is Core Scientific, Inc./tx (CORZ) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Core Scientific, Inc./tx 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 Core Scientific, Inc./tx's debt ratio?

Core Scientific, Inc./tx's debt ratio is 24.8% 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 49.5%.

Does Core Scientific, Inc./tx require dividend purification?

Yes, Core Scientific, Inc./tx has an impermissible income ratio of 1.03%, which means 1.03% 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 Core Scientific, Inc./tx's key financial metrics?

Core Scientific, Inc./tx has a market capitalization of $4.8B, and revenue of $319M. The company maintains a gross margin of 17.1% and a net margin of -90.5%.

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.