Is SOLAI Ltd (SLAI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 16.4% / 30% | 11.6% / 30% | 29.8% / 30% | 0.17% / 5% | ✓ HALAL |
| DJIM | 16.4% / 33% | 11.6% / 33% | 29.8% / 33% | 0.17% / 5% | ✓ HALAL |
| MSCI | 3.0% / 33% | 2.1% / 33% | 5.4% / 33% | 0.17% / 5% | ✓ HALAL |
| S&P | 16.4% / 33% | 11.6% / 33% | 29.8% / 33% | 0.17% / 5% | ✓ HALAL |
| FTSE | 3.0% / 33% | 2.1% / 33% | 5.4% / 50% | 0.17% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | -31.1% | |
| Operating Margin | -116.6% | |
| Net Margin | -76.4% | |
| Return on Equity (ROE) | -29.3% | |
| Return on Assets (ROA) | -16.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$33M |
| Free Cash Flow | -$34M |
| Total Debt | $3M |
| Debt-to-Equity | 2.3 |
| Current Ratio | 1.7 |
| Total Assets | $86M |
Price & Trading
| Last Close | $0.77 |
| 50-Day MA | $0.88 |
| 200-Day MA | $1.94 |
| Avg Volume | 826K |
| Beta | 3.2 |
|
52-Week Range
$0.63
| |
About SOLAI Ltd (SLAI)
SOLAI Limited operates as a technology-driven crypto currency infrastructure company. It is involved in the crypto mining activities; building a blockchain-based ecosystem covering AI, stablecoins, and payment infrastructure; and Solana treasury and staking operations. The company was formerly known as BIT Mining Limited and changed its name to SOLAI Limited in October 2025. SOLAI Limited was founded in 2001 and is based in Akron, Ohio.
Purification Calculator
As a halal stock with 0.17% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is SOLAI Ltd (SLAI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), SOLAI Ltd is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is SOLAI Ltd's debt ratio?
SOLAI Ltd's debt ratio is 16.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 3.0%.
Does SOLAI Ltd require dividend purification?
Yes, SOLAI Ltd has an impermissible income ratio of 0.17%, which means 0.17% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are SOLAI Ltd's key financial metrics?
SOLAI Ltd has a market capitalization of $14M, and revenue of $33M. The company maintains a gross margin of -31.1% and a net margin of -76.4%. Return on equity stands at -29.3%.
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.