Is Galaxy Digital Inc. (GLXY) Halal?

NASDAQ Financial Services United States $7.0B
✗ NOT HALAL
Confidence: 95/100
Galaxy Digital Inc. (GLXY) 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 2025

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
$-0.61
P/B Ratio
1.8
EV/EBITDA
0.1
EV: $7.9B
Revenue
$60.4B
Growth: -37.5%
Beta
3.7
High volatility
Current Ratio
1.6

Profitability

Gross Margin 100.0%
Operating Margin 95.5%
Net Margin -0.4%
Return on Equity (ROE) -9.2%
Return on Assets (ROA) 406.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$317M
Free Cash Flow-$1.5B
Total Debt$5.3B
Debt-to-Equity176.1
Current Ratio1.6
Total Assets$11.3B

Price & Trading

Last Close$19.61
50-Day MA$23.62
200-Day MA$26.88
Avg Volume6.4M
Beta3.7
52-Week Range
$16.67
$45.92

About Galaxy Digital Inc. (GLXY)

CEO
Mr. Michael Edward Novogratz
Employees
700
Sector
Financial Services
Industry
Capital Markets
Country
United States
Exchange
NASDAQ
Market Cap
$7.0B
Currency
USD

Galaxy Digital Inc. engages in the digital asset and data centre infrastructure businesses in North America and internationally. It operates through Digital Assets, Data Centers, and Treasury and Corporate segments. The Digital Assets segment provides over-the-counter spot and derivatives trading, lending, and structured products, as well as mergers and acquisitions advisory, and equity and debt capital markets services. This segment also manages investments in the digital assets' ecosystem; and offers blockchain-centric technology and infrastructure solutions, including staking, tokenization, and custodial technology. The Data Centers segment comprises the Helios infrastructure assets. The Treasury and Corporate segment engages in managing a portfolio of digital assets, ventures, private equity, and fund investments, as well as in bitcoin mining operations. It also offers GalaxyOne, a retail financial technology platform designed for individual investors seeking access to traditional and digital markets. The company was founded in 2018 and is headquartered in New York, New York.

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Frequently Asked Questions

Is Galaxy Digital Inc. (GLXY) halal to invest in?

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

Galaxy Digital 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 Galaxy Digital Inc.'s key financial metrics?

Galaxy Digital Inc. has a market capitalization of $7.0B, and revenue of $60.4B. The company maintains a gross margin of 100.0% and a net margin of -0.4%. Return on equity stands at -9.2%.

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.