Is WhiteFiber, Inc. (WYFI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.3% / 30% | 2.0% / 30% | 2.3% / 30% | 1.88% / 5% | ✓ HALAL |
| DJIM | 2.3% / 33% | 2.0% / 33% | 2.3% / 33% | 1.88% / 5% | ✓ HALAL |
| MSCI | 5.8% / 33% | 5.1% / 33% | 5.9% / 33% | 1.88% / 5% | ✓ HALAL |
| S&P | 2.3% / 33% | 2.0% / 33% | 2.3% / 33% | 1.88% / 5% | ✓ HALAL |
| FTSE | 5.8% / 33% | 5.1% / 33% | 5.9% / 50% | 1.88% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 88.6% | |
| Operating Margin | -20.9% | |
| Net Margin | -31.8% | |
| Return on Equity (ROE) | -7.6% | |
| Return on Assets (ROA) | -3.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $18M |
| Free Cash Flow | -$61M |
| Total Debt | $13M |
| Debt-to-Equity | 4.8 |
| Current Ratio | 2.0 |
| Total Assets | $229M |
Price & Trading
| Last Close | $12.16 |
| 50-Day MA | $17.37 |
| 200-Day MA | $20.84 |
| Avg Volume | 889K |
|
52-Week Range
$10.51
| |
About WhiteFiber, Inc. (WYFI)
WhiteFiber, Inc. provides artificial intelligence (AI) infrastructure solutions. It operates through two segments, cloud services and colocation services. The company designs, develops, and operates data centers. It also offers hosting, colocation, and cloud-based high-performance computing (HPC) graphics processing unit (GPU) services. In addition, the company provides data center infrastructure and cloud services for enterprises, research institutions, and AI and machine learning (ML) driven businesses. Further, it serves healthcare, finance, and technologies; and GPU cloud customers. The company was formerly known as Celer, Inc. and changed its name to WhiteFiber, Inc. in October 2024. The company was incorporated in 2024 and is headquartered in New York, New York. WhiteFiber, Inc. operates as a subsidiary of Bit Digital, Inc.
Purification Calculator
As a halal stock with 1.88% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is WhiteFiber, Inc. (WYFI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WhiteFiber, Inc. 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 WhiteFiber, Inc.'s debt ratio?
WhiteFiber, Inc.'s debt ratio is 2.3% 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 5.8%.
Does WhiteFiber, Inc. require dividend purification?
Yes, WhiteFiber, Inc. has an impermissible income ratio of 1.88%, which means 1.88% 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 WhiteFiber, Inc.'s key financial metrics?
WhiteFiber, Inc. has a market capitalization of $414M, and revenue of $51M. The company maintains a gross margin of 88.6% and a net margin of -31.8%. Return on equity stands at -7.6%.
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.