Is Circle Internet Group, Inc. (CRCL) Halal?

NYSE Financial Services United States $24.9B
✗ NOT HALAL
Confidence: 95/100
Circle Internet Group, Inc. (CRCL) is Not Halal under AAOIFI Standard 21 due to its classification in the Capital Markets 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 — 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

EPS
$-0.44
P/B Ratio
6.8
EV/EBITDA
-244.3
EV: $21.2B
Revenue
$2.7B
Growth: 76.9%
Current Ratio
1.0

Profitability

Gross Margin 8.7%
Operating Margin 7.2%
Net Margin -2.5%
Return on Equity (ROE) -2.8%
Return on Assets (ROA) -0.1%

Cash Flow & Balance Sheet

Operating Cash Flow$542M
Free Cash Flow$486M
Total Debt$37M
Debt-to-Equity1.5
Current Ratio1.0
Total Assets$78.7B

Price & Trading

Last Close$98.27
50-Day MA$84.72
200-Day MA$120.42
Avg Volume14.5M
52-Week Range
$49.90
$298.99

About Circle Internet Group, Inc. (CRCL)

CEO
Mr. Jeremy D. Allaire
Employees
1,100
Sector
Financial Services
Industry
Capital Markets
Country
United States
Exchange
NYSE
Market Cap
$24.9B
Currency
USD

Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. The company provides various platform including Arc Blockchain and Developer Infrastructure, an open, layer-1 blockchain network purpose-built to bring real world economic activity onchain; Circle Digital Assets and Services, which includes circle digital assets, USDC, EURC, and USYC, as well as circle mint and xreserve, related liquidity, custody, and trust infrastructure; and Circle Applications, which includes circle payments network and stablefx, applications that use circle digital assets to deliver real-world utility on the arc network and across the broader multichain ecosystem. Its stablecoins network comprises circle stablecoins, tokenized funds, liquidity, payments network, and developer services, as well as integration services. The company was founded in 2013 and is based in New York, New York.

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Frequently Asked Questions

Is Circle Internet Group, Inc. (CRCL) halal to invest in?

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

Circle Internet Group, 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 Circle Internet Group, Inc.'s key financial metrics?

Circle Internet Group, Inc. has a market capitalization of $24.9B, and revenue of $2.7B. The company maintains a gross margin of 8.7% and a net margin of -2.5%. Return on equity stands at -2.8%.

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.