WisdomTree Bitcoin Fund (BTCW) - Questionable
WisdomTree Bitcoin Fund (BTCW) is classified as Questionable 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
- ETF
- Industry
- Exchange-Traded Fund
- Result
- Doubtful
- Reason
- BTCW is an ETF. Individual stock screening does not apply to ETFs — review the fund's underlying holdings for Shariah compliance.
Financial Ratios
About WisdomTree Bitcoin Fund
In seeking to achieve its investment objective, the trust will hold bitcoin and will value its shares daily based on the value of bitcoin as reflected by the CME CF Bitcoin Reference Rate – New York Variant (the “Reference Rate”), which is an independently calculated value based on an aggregation of executed trade flow of major bitcoin spot platforms.
Frequently Asked Questions
Is WisdomTree Bitcoin Fund (BTCW) stock halal to invest in?
According to AAOIFI Shariah screening standards, WisdomTree Bitcoin Fund (BTCW) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does WisdomTree Bitcoin Fund have any interest income?
Interest income data for WisdomTree Bitcoin Fund is factored into the financial ratio screening under AAOIFI standards.
What guidelines are used to determine if BTCW stock is Shariah-compliant?
BTCW 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.
How often is WisdomTree Bitcoin Fund stock reviewed for Shariah compliance?
WisdomTree Bitcoin Fund's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.

