Is BGIN halal?
Bgin Blockchain Limited
Doubtful
No clear verdict is possible for Bgin Blockchain Limited — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.
Checked: 14 October 2026
Exchange
NASDAQ
Price
1.91
Day
-2.55%
Market cap
$230.8M
Industry
Computer Hardware
Sector
Technology
Manually identified reason
Automatic screening reads the industry label, not what's inside. This company's filings were checked by hand and a hidden prohibited activity was found:
Doubtful: crypto — Bitcoin mining rigs and mining (Bgin Blockchain); scholarly disagreement + share/interest nature unclear
What the company does
Bgin Blockchain (Singapore) mines Bitcoin, runs mining pools, makes mining machines and its own ASIC chips (4nm BT1), and hosts miners. Its money comes from mined crypto and machine sales.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Doubtful: crypto — Bitcoin mining rigs and mining (Bgin Blockchain); scholarly disagreement + share/interest nature unclear
Interest-bearing debt / market cap
limit 30%
0.0%
Pass
Cash & investments / market cap
limit 30%
11.4%
Pass
Non-compliant income / total revenue
limit 5%
1.4%
Pass
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Computer Hardware — for comparison.
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- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.