Is HIVE Digital Technologies Ltd. (HIVE) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 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
Profitability
| Gross Margin | 38.6% | |
| Operating Margin | -54.2% | |
| Net Margin | -48.6% | |
| Return on Equity (ROE) | -25.2% | |
| Return on Assets (ROA) | -10.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $17M |
| Free Cash Flow | -$158M |
| Total Debt | $55M |
| Debt-to-Equity | 3.2 |
| Current Ratio | 1.7 |
| Total Assets | $532M |
Price & Trading
| Last Close | $1.93 |
| 50-Day MA | $2.37 |
| 200-Day MA | $3.07 |
| Avg Volume | 10.7M |
| Beta | 3.4 |
|
52-Week Range
$1.26
| |
About HIVE Digital Technologies Ltd. (HIVE)
HIVE Digital Technologies Ltd., a technology company, engages in the building and operating data centers powered by green energy in Bermuda and Paraguay. The Company operates the mining and sale of digital currencies and performance computing hosting. It also provides infrastructure solutions, such as computational capacity to distributed networks in the blockchain industry. The company was formerly known as HIVE Blockchain Technologies Ltd. and changed its name to HIVE Digital Technologies Ltd. in July 2023. HIVE Digital Technologies Ltd. was incorporated in 1987 and is headquartered in San Antonio, Texas.
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Frequently Asked Questions
Is HIVE Digital Technologies Ltd. (HIVE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), HIVE Digital Technologies Ltd. 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 HIVE Digital Technologies Ltd.'s debt ratio?
HIVE Digital Technologies Ltd.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are HIVE Digital Technologies Ltd.'s key financial metrics?
HIVE Digital Technologies Ltd. has a market capitalization of $461M, and revenue of $115M. The company maintains a gross margin of 38.6% and a net margin of -48.6%. Return on equity stands at -25.2%.
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.