Is Gemini Space Station, Inc. (GEMI) Halal?

NASDAQ Financial Services United States $484M
✗ NOT HALAL
Confidence: 95/100
Gemini Space Station, Inc. (GEMI) 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 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

EPS
$-15.52
P/B Ratio
0.9
EV/EBITDA
-2.8
EV: $885M
Revenue
$142M
Growth: 39.4%
Current Ratio
1.3

Profitability

Gross Margin -25.8%
Operating Margin -184.6%
Net Margin 0.0%
Return on Equity (ROE) -416.5%
Return on Assets (ROA) -12.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$109M
Free Cash Flow-$115M
Total Debt$1.2B
Debt-to-Equity120.9
Current Ratio1.3
Total Assets$1.6B

Price & Trading

Last Close$4.59
50-Day MA$7.47
200-Day MA$13.27
Avg Volume1.7M
52-Week Range
$4.06
$45.89

About Gemini Space Station, Inc. (GEMI)

CEO
Mr. Tyler Winklevoss
Sector
Financial Services
Industry
Capital Markets
Country
United States
Exchange
NASDAQ
Market Cap
$484M
Currency
USD

Gemini Space Station, Inc. develops a crypto platform to buy, sell, and store crypto assets. The company's platform offers crypto assets, including bitcoin and ether; and services, such as derivatives exchange, staking services, an over-the-counter trading desk, institutional-grade custody, stablecoin, a U.S. credit card, and a Web3 studio for NFTs (non-fungible tokens). It serves individual retail users; and institutional investors, including asset managers, hedge funds, proprietary trading firms, and corporations. The company was founded in 2014 and is based in New York, New York.

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Frequently Asked Questions

Is Gemini Space Station, Inc. (GEMI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Gemini Space Station, 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 Gemini Space Station, Inc.'s debt ratio?

Gemini Space Station, 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 Gemini Space Station, Inc.'s key financial metrics?

Gemini Space Station, Inc. has a market capitalization of $484M, and revenue of $142M. Return on equity stands at -416.5%.

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.