Circle Internet Group, Inc. (CRCL) - Questionable
Circle Internet Group, Inc. (CRCL) 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
- Capital Markets
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Capital Markets" 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: 0.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 8.6% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.7% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.74%.Based on the company's financial statements, approximately 1.74% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.74% of total income). Some scholars may differ on the exact calculation method.
About Circle Internet Group, Inc.
Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. The company provides various platform including Arc Blockchain and Developer Infrastructure, an open, layer-1 blockchain network purpose-built to bring real world economic activity onchain; Circle Digital Assets and Services, which includes circle digital assets, USDC, EURC, and USYC, as well as circle mint and xreserve, related liquidity, custody, and trust infrastructure; and Circle Applications, which includes circle payments network and stablefx, applications that use circle digital assets to deliver real-world utility on the arc network and across the broader multichain ecosystem. Its stablecoins network comprises circle stablecoins, tokenized funds, liquidity, payments network, and developer services, as well as integration services. Circle Internet Group, Inc. has a strategic alliance with Volante Technologies, LLC. The company was founded in 2013 and is based in New York, New York.

