Coinbase Global, Inc. (COIN) - Questionable
Coinbase Global, Inc. (COIN) 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
- Financial Services
- Industry
- Financial Data & Stock Exchanges
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Financial Data & Stock Exchanges" has mixed revenue streams that require further analysis. The sector "Financial Services" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 11.2% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 15.1% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 3.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.37%.Based on the company's financial statements, approximately 3.37% of dividend income should be donated to charity for purification. This is derived from identified interest income (3.37% of total income). Some scholars may differ on the exact calculation method.
About Coinbase Global, Inc.
Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. It provides the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers. The company was founded in 2012 and is based in New York, New York.
Frequently Asked Questions
Is Coinbase Global, Inc. (COIN) stock halal to invest in?
According to AAOIFI Shariah screening standards, Coinbase Global, Inc. (COIN) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does Coinbase Global, Inc. have any interest income?
Coinbase Global, Inc.'s interest income ratio is 15.1% of total revenue. AAOIFI standards require this to be below 30%.

