Is CRCL halal?
Circle Internet Group, Inc.
Not halal
Circle Internet Group, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
NYSE
Price
86.97
Day
+9.33%
Market cap
$21.88B
Industry
Capital Markets
Sector
Financial Services
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:
Interest income: yield on USDC reserves (US Treasuries) is nearly all revenue (Circle)
What the company does
Circle Internet Group issues the USDC stablecoin (a dollar-pegged token, $60B+ in circulation). Almost all of its money comes from interest earned on the USDC reserves (US Treasury bills) — checked by the screener.
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
Interest income: yield on USDC reserves (US Treasuries) is nearly all revenue (Circle)
Interest-bearing debt / market cap
limit 30%
0.2%
Pass
Cash & investments / market cap
limit 30%
8.1%
Pass
Non-compliant income / total revenue
limit 5%
1.7%
Pass
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $62.63
Exited this quarter: Polen Capital Management
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- 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.