Is Digi Power X Inc. (DGXX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 1.0% / 30% | 0.2% / 30% | 0.06% / 5% | ✓ HALAL |
| DJIM | 0.1% / 33% | 1.0% / 33% | 0.2% / 33% | 0.06% / 5% | ✓ HALAL |
| MSCI | 0.6% / 33% | 5.0% / 33% | 0.8% / 33% | 0.06% / 5% | ✓ HALAL |
| S&P | 0.1% / 33% | 1.0% / 33% | 0.2% / 33% | 0.06% / 5% | ✓ HALAL |
| FTSE | 0.6% / 33% | 5.0% / 33% | 0.8% / 50% | 0.06% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 4.2% | |
| Operating Margin | -35.9% | |
| Net Margin | -39.3% | |
| Return on Equity (ROE) | -34.3% | |
| Return on Assets (ROA) | -26.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$18M |
| Free Cash Flow | -$21M |
| Total Debt | $204,361 |
| Current Ratio | 4.6 |
| Total Assets | $34M |
Price & Trading
| Last Close | $2.15 |
| 50-Day MA | $2.60 |
| 200-Day MA | $3.01 |
| Avg Volume | 2.7M |
| Beta | 7.0 |
|
52-Week Range
$0.85
| |
About Digi Power X Inc. (DGXX)
Digi Power X Inc., an energy infrastructure company, develops data centers to drive the expansion of energy assets in the United States. The company operates in three segments: Cryptocurrency Mining, Sales of Energy, and Colocation Services. It also mines for cryptocurrency. In addition, the company is involved in power provision and space rental to customers; and sale of electricity. It serves industrial clients and energy markets. The company was formerly known as Digihost Technology Inc. and changed its name to Digi Power X Inc. in March 2025. Digi Power X Inc. is headquartered in Miami, Florida.
Purification Calculator
As a halal stock with 0.06% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Digi Power X Inc. (DGXX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Digi Power X Inc. 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 Digi Power X Inc.'s debt ratio?
Digi Power X Inc.'s debt ratio is 0.1% 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 0.6%.
Does Digi Power X Inc. require dividend purification?
Yes, Digi Power X Inc. has an impermissible income ratio of 0.06%, which means 0.06% 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 Digi Power X Inc.'s key financial metrics?
Digi Power X Inc. has a market capitalization of $144M, and revenue of $37M. The company maintains a gross margin of 4.2% and a net margin of -39.3%. Return on equity stands at -34.3%.
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.