Sphere 3D Corp. (ANY) - Halal (Shariah-Compliant)
Sphere 3D Corp. (ANY) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Technology
- Industry
- Software - Infrastructure
- Result
- Pass
- Reason
- The sector "Technology" and industry "Software - Infrastructure" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 4.7% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 9.3% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About Sphere 3D Corp.
Sphere 3D Corp. engages in the bitcoin mining business. The company is involved with bitcoin mining pool operators as its customers to provide a service to perform hash calculations for the mining pool operators. The company is based in Stamford, Connecticut.
Frequently Asked Questions
Is Sphere 3D Corp. (ANY) stock halal to invest in?
According to AAOIFI Shariah screening standards, Sphere 3D Corp. (ANY) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Sphere 3D Corp. have any interest income?
Sphere 3D Corp.'s interest income ratio is 9.3% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if ANY stock is Shariah-compliant?
ANY is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

