Is Fold Holdings, Inc. (FLD) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| 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
Profitability
| Gross Margin | -49.0% | |
| Operating Margin | -90.2% | |
| Net Margin | -218.9% | |
| Return on Assets (ROA) | -12.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$3M |
| Free Cash Flow | -$3M |
| Total Debt | $6M |
| Debt-to-Equity | 124.9 |
| Current Ratio | 0.9 |
| Total Assets | $52M |
Price & Trading
| Last Close | $1.38 |
| 50-Day MA | $1.60 |
| 200-Day MA | $3.13 |
| Avg Volume | 154K |
| Beta | 0.2 |
|
52-Week Range
$1.00
| |
About Fold Holdings, Inc. (FLD)
Fold Holdings, Inc., a bitcoin financial services company, provides access to bitcoin through a suite of consumer financial products in the United States. Its financial services platform allows consumers to accumulate, save, and use bitcoin to accomplish financial goals. The company offers consumers an FDIC insured checking account, a Visa prepaid debit card, bill payments services, and an extensive catalog of merchant reward offers, as well as partners with third-party service providers that offer bitcoin exchange and custody services. It also invests in and accumulates bitcoin for treasury. The company offers its products and services through the Fold mobile application. Fold Holdings, Inc. was founded in 2019 and is headquartered in Phoenix, Arizona.
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Frequently Asked Questions
Is Fold Holdings, Inc. (FLD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Fold Holdings, 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 Fold Holdings, Inc.'s debt ratio?
Fold Holdings, 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 Fold Holdings, Inc.'s key financial metrics?
Fold Holdings, Inc. has a market capitalization of $65M. The company maintains a gross margin of -49.0% and a net margin of -218.9%.
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.