Is Bitdeer Technologies Group (BTDR) Stock Halal or Haram?
Bitdeer Technologies Group (BTDR) - Not Halal (Non-Compliant)
Bitdeer Technologies Group (BTDR) is classified as Not Halal (Non-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 - Application
Result
Pass
Reason
The sector "Technology" and industry "Software - Application" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 64.1% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 15.1% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.8% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.79%.Based on the company's financial statements, approximately 0.79% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.79% of total income). Some scholars may differ on the exact calculation method.
About Bitdeer Technologies Group
Bitdeer Technologies Group operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, Norway, Finland, Ethiopia, Canada, and internationally. The company offers hash rate sharing solutions, including cloud hash rate and hash-rate subscription plans; and a one-stop mining rig hosting solution comprising deployment, maintenance, and management services for cryptocurrency mining; as well as mining cryptocurrencies for its own account. It also operates mining datacenters to generate hash rates; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining rigs. In addition, the company offers Minerplus, a software platform that offers software support to reduce time needed for daily maintenance and mining rig upgrade; AI infrastructure and AI cloud business to offer advanced AI cloud capabilities, HPC services and colocation services; and mining solutions under the SEALMINER brand. The company is headquartered in Singapore.
Based on the company's financial statements, approximately 0.79% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.79% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Bitdeer Technologies Group
Bitdeer Technologies Group operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, Norway, Finland, Ethiopia, Canada, and internationally. The company offers hash rate sharing solutions, including cloud hash rate and hash-rate subscription plans; and a one-stop mining rig hosting solution comprising deployment, maintenance, and management services for cryptocurrency mining; as well as mining cryptocurrencies for its own account. It also operates mining datacenters to generate hash rates; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining rigs. In addition, the company offers Minerplus, a software platform that offers software support to reduce time needed for daily maintenance and mining rig upgrade; AI infrastructure and AI cloud business to offer advanced AI cloud capabilities, HPC services and colocation services; and mining solutions under the SEALMINER brand. The company is headquartered in Singapore.
SingaporeNASDAQTechnology
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on May 9, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Bitdeer Technologies Group (BTDR) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Bitdeer Technologies Group's interest income ratio is 15.1% of total revenue. AAOIFI standards require this to be below 30%.
BTDR 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.
Bitdeer Technologies Group'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.
You can save BTDR to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from Bitdeer Technologies Group require purification. Approximately 0.79% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
Is Bitdeer Technologies Group (BTDR) stock halal to invest in?
According to AAOIFI Shariah screening standards, Bitdeer Technologies Group (BTDR) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Bitdeer Technologies Group have any interest income?
Bitdeer Technologies Group's interest income ratio is 15.1% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if BTDR stock is Shariah-compliant?
BTDR 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 Bitdeer Technologies Group stock reviewed for Shariah compliance?
Bitdeer Technologies Group'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.
How can I stay updated on Bitdeer Technologies Group's compliance status?
You can save BTDR to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from Bitdeer Technologies Group stock considered halal?
Dividends from Bitdeer Technologies Group require purification. Approximately 0.79% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my Bitdeer Technologies Group shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
