Is Bitfufu Inc. (FUFU) 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 | 11.6% | |
| Operating Margin | -6.8% | |
| Net Margin | -12.1% | |
| Return on Equity (ROE) | -40.2% | |
| Return on Assets (ROA) | 1.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$220M |
| Free Cash Flow | -$237M |
| Total Debt | $35M |
| Debt-to-Equity | 89.0 |
| Current Ratio | 2.9 |
| Total Assets | $378M |
Price & Trading
| Last Close | $1.90 |
| 50-Day MA | $2.52 |
| 200-Day MA | $3.20 |
| Avg Volume | 86K |
| Beta | 0.3 |
|
52-Week Range
$1.56
| |
About Bitfufu Inc. (FUFU)
BitFuFu Inc., together with its subsidiaries, provides digital asset mining solutions in North America, Asia, Europe, and internationally. The company offers cloud-mining services and miner hosting services to institutional customers and individual digital asset enthusiasts. It also provides Bitcoin self-mining, sourcing services for mining machine transactions, and mining machine hosting services. In addition, the company leases and sells mining equipment. BitFuFu Inc. is headquartered in Singapore.
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Frequently Asked Questions
Is Bitfufu Inc. (FUFU) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bitfufu 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 Bitfufu Inc.'s debt ratio?
Bitfufu 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 Bitfufu Inc.'s key financial metrics?
Bitfufu Inc. has a market capitalization of $315M, and revenue of $463M. The company maintains a gross margin of 11.6% and a net margin of -12.1%. Return on equity stands at -40.2%.
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.