Is TERAWULF INC. (WULF) Halal?

NASDAQ Financial Services United States $6.3B
✗ NOT HALAL
Confidence: 95/100
TERAWULF INC. (WULF) 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
$-1.66
P/B Ratio
44.6
EV/EBITDA
-102.0
EV: $8.2B
Revenue
$168M
Growth: 2.4%
Beta
4.3
High volatility
Current Ratio
2.0

Profitability

Gross Margin 50.9%
Operating Margin -210.5%
Net Margin 0.0%
Return on Equity (ROE) -343.7%
Return on Assets (ROA) -2.5%

Cash Flow & Balance Sheet

Operating Cash Flow-$123M
Free Cash Flow-$1.2B
Total Debt$5.2B
Debt-to-Equity3699.5
Current Ratio2.0
Total Assets$6.6B

Price & Trading

Last Close$15.35
50-Day MA$15.13
200-Day MA$11.38
Avg Volume29.9M
Beta4.3
52-Week Range
$2.06
$18.51

About TERAWULF INC. (WULF)

CEO
Mr. Paul B. Prager
Employees
141
Sector
Financial Services
Industry
Capital Markets
Country
United States
Exchange
NASDAQ
Market Cap
$6.3B
Currency
USD

TeraWulf Inc., together with its subsidiaries, owns, develops, operates digital infrastructure in the United States. It also develops and operates bitcoin mining facilities for bitcoin mining and high-performance computing workloads, leveraging clean, cost-effective, and reliable energy. The company was founded in 2021 and is headquartered in Easton, Maryland.

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Frequently Asked Questions

Is TERAWULF INC. (WULF) halal to invest in?

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

TERAWULF 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 TERAWULF INC.'s key financial metrics?

TERAWULF INC. has a market capitalization of $6.3B, and revenue of $168M. Return on equity stands at -343.7%.

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.