Is DeFi Development Corp. (DFDV) Halal?

NASDAQ Financial Services United States $106M
✗ NOT HALAL
Confidence: 95/100
DeFi Development Corp. (DFDV) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management 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 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

P/E Ratio
1.0
Forward: -10.8
EPS
$3.58
P/B Ratio
0.4
EV/EBITDA
2.6
EV: $233M
Revenue
$2M
Growth: 647.2%
Beta
-6.3
Low volatility
Current Ratio
2.0

Profitability

Gross Margin 98.3%
Operating Margin 1601.0%
Net Margin 932.6%
Return on Equity (ROE) 56.7%
Return on Assets (ROA) 23.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$2M
Free Cash Flow-$2M
Total Debt$13,933
Debt-to-Equity54.0
Current Ratio2.0
Total Assets$4M

Price & Trading

Last Close$3.74
50-Day MA$4.48
200-Day MA$11.94
Avg Volume1.5M
Beta-6.3
52-Week Range
$0.57
$53.88

About DeFi Development Corp. (DFDV)

CEO
Mr. Joseph Mario Onorati
Employees
14
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NASDAQ
Market Cap
$106M
Currency
USD

DeFi Development Corp. focuses on building its treasury around Solana (SOL). SOL is a blockchain infrastructure platform. The company operates through two segments, Digital Asset Treasury and Real Estate Platform. The Digital Asset Treasury segment executes and manages its treasury policy for the purpose of purchasing, holding, and compounding its digital asset holdings through staking and operating its owned validators. The Real Estate Platform segment provides a technology platform that connects commercial mortgage and small business borrowers looking for debt to refinance, build, or buy commercial property, including apartment buildings and commercial property lenders. The company was formerly known as Janover Inc. and changed its name to DeFi Development Corp. in April 2025. DeFi Development Corp. was founded in 2018 and is headquartered in Boca Raton, Florida.

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Frequently Asked Questions

Is DeFi Development Corp. (DFDV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), DeFi Development Corp. 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 DeFi Development Corp.'s debt ratio?

DeFi Development Corp.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are DeFi Development Corp.'s key financial metrics?

DeFi Development Corp. has a market capitalization of $106M, trailing P/E ratio of 1.0, and revenue of $2M. The company maintains a gross margin of 98.3% and a net margin of 932.6%. Return on equity stands at 56.7%.

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.